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More than $526 million was liquidated in one hour, including $510 million on long positions, as Bitcoin fell to $77,000.
• Over $900 billion was wiped out from the U.S. stock market on May 15.
• The yield on 30-year U.S. Treasury bonds reached 5.16%, its highest level since October 2023.
• The Federal Reserve is expected to keep its rates unchanged until March and June 2027, according to Morgan Stanley.
• Abu Dhabi’s sovereign wealth fund, Mubadala, increased its exposure to BlackRock’s Bitcoin ETF IBIT to nearly $660 million.
• Italy’s largest bank increased its exposure to cryptocurrencies to $231 million in the first quarter.
• Harvard reduced its position in the Bitcoin ETF IBIT by 43% and fully exited the Ethereum ETF.
• BlackRock would be considering investing between $5 billion and $10 billion in SpaceX’s IPO.
• SpaceX could be listed on the stock exchange under the ticker SPCX as early as June 12.
• Bill and Melinda Gates sold all of their Microsoft shares, totaling 7.7 million shares for $3.2 billion.
#Gate13thAnniversaryGlobalCelebration
#NewsOfTheDay #pendle $BTC $PENDLE $VRA