Overview of Key Overnight Developments on May 19
21:00-7:00 Keywords: IBIT, PYTH, Tornado Cash
1. BlackRock's IBIT currently holds nearly 660,000 Bitcoins;
2. PYTH will undergo a large unlock next week, with an unlock value of approximately $338 million;
3. U.S. Treasury Secretary: If countries do not reach trade agreements with the U.S., tariffs will return to "reciprocal" levels;
4. U.S. Treasury Secretary Besent responds to Moody's downgrade of U.S. credit rating: I don't quite believe Moody's;
5. The founder of 1confirmation calls for the 2026 Ethereum Devcon conference to be held in the U.S.;
6. Tornado Cash defense claims prosecutors misled the court on legal issues involving crypto mixers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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