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Top TRUMP whales hold $174M in tokens ahead of dinner with US president

The list of the top holders of US President Donald Trump’s memecoin has been finalized ahead of background checks to apply for a dinner and “VIP tour” with the president on May 22.
In a May 12 X post, the TRUMP memecoin project said it would stop considering additional purchases for a dinner with t
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Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Key Takeaways:
Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000.
A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000.
Bitco
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US Prosecutors recommend 2 years for SEC hacker

The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account.
In a May 12 filing in the US
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NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.
In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker,
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Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Key points:
Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.
Nearby order book liquidity forms potential targets for traders, which now include $102,000.
A classic moving average retest suggests that a new all-time high should
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Local exchange shapes the experience at Token 2049: Event recap

Blockchain
UAE
Business
Conference
Dubai
Web3
Token2049
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US real estate manager launches $100M tokenized fund with institutional backing

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities.
The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A
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Will Bitcoin hodlers be the reason more countries adopt wealth taxes?

Opinion by: Robin Singh, CEO of Koinly
Is there a catch for Bitcoin hodlers, with the asset’s price up over 600,000% since the beginning of 2013?
Perhaps — if governments keep waking up to Bitcoin’s value, the whole “you only pay tax when you sell” mantra could soon be a thing of the
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Strategy added 13,390 Bitcoin for $1.34B as price topped $100K

Michael Saylor’s Strategy purchased a fresh batch of Bitcoin as the cryptocurrency pushed above $100,000 last week.
Strategy acquired 13,390 Bitcoin (BTC) for $1.34 billion between May 5 and May 11, the firm announced in its filing with the US Securities and Exchange Commission published on May 12.
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DeGods NFT founder steps down as collection gains traction

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales for the collection
Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding a three-year stint as the
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US crypto ETFs smash new record amid 4-week inflow streak

Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approach all-time high asset levels.
Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total in
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