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#GrayscaleBuysAndStakesOver510KHYPE 📢 Gate Square Daily | May 21
1️⃣ Geopolitics: Iran's navy reports clearing 26 vessels in the past 24 hours; US and Brent crude both fall over 3% on the day, trading at $104.36 and $104.26/barrel respectively.
2️⃣ Market Update: BTC breaks above $78,000, trading at $78,038, up 1.64% in 24 hours.
3️⃣ Macro Update: The Fed's "mouthpiece" signals that rate cut discussions are nearly off the table — the Fed is now seriously weighing the possibility of a rate hike.
4️⃣ Institutional Moves: Goldman Sachs and Morgan Stanley are processing OpenAI's IPO paperwork, with a filing possible as early as this Friday.
5️⃣ Platform News: Gate Pre-IPOs flagship listing SpaceX files its S-1 with the SEC, set to list on Nasdaq under the ticker SPCX.