🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
The Northern Mariana Islands passed a stablecoin bill, with the House overturning the governor's veto.
According to Deep Tide TechFlow news on May 16, Cointelegraph reported that the Northern Mariana Islands, a U.S. Pacific territory, passed a bill allowing its territory of Tinian to issue stablecoins, successfully overturning the governor's previous veto. The bill was passed in the Senate with a vote of 7-1 and then approved in the House with a vote of 14-2.
According to reports, the stablecoin is named Marianas US Dollar (MUSD), and it will be supported by cash and U.S. Treasury bonds held by the Ministry of Finance of Tian Ning. The Tian Ning government has chosen the local technology service company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, and the stablecoin will be issued on the eCash blockchain. If the Tian Ning government can issue the stablecoin by July, it will become the first public entity in the United States to issue a stablecoin.