AICoin Daily Report (May 17)

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14 hours ago

1. The Senate will pass cryptocurrency stablecoin legislation next week

2. Fidelity predicts Bitcoin will reach a new high in this cycle

Odaily Planet Daily reports that Fidelity Digital Assets stated on the X platform that after experiencing 69 days of low profits and high volatility, Bitcoin's acceleration phase continues. This trend reinforces the Fidelity team's argument that Bitcoin may reach a new all-time high before the end of this cycle. -Original

3. Steak 'n Shake locations accept Bitcoin payments

4. Musk replies to token-related tweet

Musk replied to a tweet related to the token "APU" on X. -Original

5. Basel Medical initiates $1 billion Bitcoin acquisition

According to Globe Newswire, U.S. publicly listed company Basel Medical Group Ltd announced today that it has initiated exclusive negotiations for a Bitcoin (BTC) acquisition plan totaling $1 billion. This plan will significantly diversify the company's financial reserves while continuing to focus on expansion in the healthcare services sector. -Original

6. Abraxas significantly increases Ethereum holdings

According to Lookonchain, since May 7, Abraxas Capital has withdrawn a total of 278,639 ETH from exchanges, worth approximately $655 million, with an average purchase price of $2,350, currently realizing an unrealized profit of $77 million. -Original

7. Chainlink support program opens for applications

According to official news, Chainlink Labs announced the launch of a startup support program "Build on Solana," aimed at helping outstanding teams build, launch, and grow within the Solana ecosystem. Applications are now open. Selected teams will join Chainlink Build and receive practical guidance, ecosystem incentives, and marketing resources from Chainlink and the Solana Foundation. -Original

8. Fidelity predicts Bitcoin will reach a new high in this cycle

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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