Notable news in the last 24 hours (May 18)
BTC: 27,374 USD | ETH: 1,826 USD | Total market capitalization: $1,139 billion
Tether will invest 15% of profits in Bitcoin: The market's largest stablecoin issuer says it will allocate about 15% of profits from investments to buy BTC and add the coin to its reserve. store. The company also said that it will self-manage the amount of Bitcoin holdings without the supervision of any third parties.
Ripple spends $250 million to acquire crypto custody company Metaco: This shows Ripple's plan to launch crypto custody services for large investors in the near future.
Circle converts $8.7 billion of US bonds to avoid public debt risk: USDC issuer will convert part of its reserve assets from US government bonds.
Vietnamese blockchain game appears on the App Store: Sky Mavis, the publisher of the Axie Infinity game, announced that users are about to be able to download the latest version of the game from the App Store.
