DailyNews

PANews May 12 news, Bitcoin Magazine tweeted that David Bailey and his holding company Nakamoto have completed a $710 million financing and announced a merger with KindlyMD, intending to jointly establish a Bitcoin Treasury.
Last week, it was reported that David Bailey, who provided cryptocurrency policy advice to Trump, plans to establish a Bitcoin investment company, aiming to raise $300 million.

PANews, May 12th news, according to Onchain Lens monitoring, a Whale has transferred 10,214 Ether (approximately $26.03 million) to a new Address after being silent for 4 years.

Jin10 reports that the Kremlin spokesperson stated: Russia and Ukraine must engage in direct dialogue to find a way for a ceasefire.

PANews, May 12 news, Spot gold fell below $3210/ounce for the first time since April 14, with a daily decline expanding to 3.50%.

Golden Finance reports that asset management company Eurizon stated in a report that the current rise in U.S. Treasury yields is concerning, indicating that the U.S. debt and fiscal policies continue to worry investors. Due to tariff uncertainties, the U.S. stock market, bond market, and dollar have faced a triple dumping for several weeks, while recent good news regarding U.S. tariff agreements has boosted the stock market and dollar, but not U.S. Treasuries. Although tariff talks logically should have a positive impact on economic growth, the sustained high yield levels indicate that the U.S. fiscal trajectory remains concerning. The ongoing budget negotiations in the U.S. Congress will be key for the bond market.

Gate.io Alpha announced the listing of new coins such as God Willing, FART ATTACK HIPPO, Petunia, Tuzki, Puffer, Naiive, etc. in an official message, allowing users to trade on the APP. At the same time, Alpha supports popular public chains like SOL, ETH, and BNB Chain, enabling users to purchase on-chain assets directly using USDT without the need to manually switch chains or deposit.

Odaily News Well-known Whale James Wynn posted on X, stating that he has increased the position in BTC long positions. Personally, I expect the market to quickly dip to around 102900 and form a long wick candle bottom, which can clear some leverage and allow me to further increase my holdings. In any case, in my view, BTC will likely hit the 112,000-116,000 range as soon as today or tomorrow.

The BSC Foundation purchased three AI concept Tokens worth a total of $75,000 through the DeFi platform Mimic.fi: $TST, $AIOT, and $SKYAI, with each Token being purchased for $25,000. The top five Tokens currently held are: $TST, MUBARAK, BROCCOLI (714), $SKYAI, and $AIOT.

PANews reported on May 12 that Bitcoin analyst PlanB posted on social platforms that the current Bitcoin Relative Strength Index (RSI) is 69, and it is expected to enter a bull market phase that lasts at least 4 months and has an RSI of more than 80. Referring to the market in 2013, 2017 and 2021, the average monthly increase of bitcoin in months with RSI above 80 was more than 40%, and if the trend repeats, the price of bitcoin could rise from about $104,000 to $400,000 currently.

Golden Finance reports that the on-chain liquidity distribution protocol Turtle Club announced today the completion of a $6.2 million seed round financing, led by THEIA, with participation from Susquehanna, Consensys, and Ethereum co-founder Joseph Lubin.

Gate.io announces that MemeBox has been upgraded to Alpha, aiming to provide a brand new Web3 trading experience. Users can directly trade on-chain early and potential Tokens using USDT on the Gate.io trading platform, dropping the threshold and helping users participate in popular on-chain projects. To celebrate the upgrade, Gate.io will launch a limited-time event where users can have the chance to receive hot coin mystery box Airdrops by completing certain trades.

Golden Finance reports, according to AXIOS: U.S. officials and Arab officials revealed that President Trump will visit the Gulf region on Monday and plans to bring back trade and investment commitments worth $1 trillion.

PANews May 12 news, according to official news, Puffer Finance released a new roadmap, its important plans include launching Puffer Unifi V1 in May 2025, launching the Puffer AppChain market and incubation in June 2025, and introducing AI in Q4 2025.

Global digital asset investment products continued to see net inflows last week, reaching $882 million, with Bitcoin being particularly prominent, attracting $867 million in inflows. Sui alts performed well, with funds flowing in exceeding Solana. Ether's price rose, but the inflow was lower last week, at only $1.5 million.

Global digital asset investment products continued to see net inflows last week, reaching $882 million, with Bitcoin standing out, attracting $867 million in inflows. The Sui altcoin performed exceptionally well, with funds flowing in exceeding those of Solana. Ether's price rose, but the inflow of funds was relatively low last week, at only $1.5 million.

PANews, May 12 news, according to CNBC's popular African television program Crypto Trader host Ran Neuner (@cryptomanran), the Truth Social platform will launch a Meme coin within the next 72 hours. Ran Neuner stated that the project team appears to be similar to the team that previously launched the $TRUMP Token.