🔥 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!
Arbitrum DAO approved an investment of 35 million ARB in the tokenization of U.S. Treasury bonds, approximately 11.6 million dollars.
On May 8, according to The Block, Arbitrum DAO has approved the next phase of its Stable Treasury Donation Program (STEP) through on-chain voting, allocating 35 million ARB (about $11.6 million) to tokenized U.S. Treasury bonds. Funds will be invested in Franklin Templeton's FOBXX (tokenized as BENJI, 35%), Spiko's USTBL (35%), and WisdomTree's WTGXX (30%).
It is reported that the STEP project will be launched in July 2024, aiming to create a composable and sustainable yield treasury for Arbitrum by investing in the tokenization of real-world assets (RWA).