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Community Morning Brief — Top Headlines 🔹 May 22, 2024
🔵 Today marks the 15th anniversary of Bitcoin Pizza Day. The 10,000 BTC spent on pizza back then would now be worth nearly $1.1 billion.
🔵 Bitcoin hits a new all-time high of over $110,000, breaking a four-month lull. Market cap surpasses $2.16 trillion, setting a new record.
🔵 According to Sentora, 99% of BTC holders are currently in profit.
🔵 Michael Saylor stated: “If you're afraid to buy when Bitcoin hits new highs, you're likely to miss out on future gains.”
🔵 The current performance of the altcoin market is generally mediocre, $VIRTUAL, $COOKIE, and $KAITO stood out yesterday. AI Agents continue to be a leading narrative bridging crypto and mainstream themes.
🔵 The "GENIUS Act" for stablecoins has passed the debate motion with a 69–31 vote and now enters the amendment phase.
🔵 Texas may become the third U.S. state to establish a strategic Bitcoin reserve, as political support for the move gains momentum.
🔵 The U.S. SEC has acknowledged that BlackRock’s spot Ethereum ETF supports physical redemption, seen as a bullish signal by the market.