Wall Street Is Pushing Back
Plus, this week’s top partner offers
Happy Monday!
We’re kicking off another new month with a quick catch-up on the weekend’s must-read headlines, a look at our top partner offers of the week, and, as always, a quiz to test your market knowledge. Let’s go.
AI Agent PK Trading Competition
Geo: Global (supported regions)
Dates: May 18-June 15
Up for grabs: Up to 150,000 USDT prize pool
BloFin’s AI Agent PK trading competition is live, with traders competing across team and individual leaderboards for a prize pool of up to 150,000 USDT.
Rewards are split across team trading volume, team PnL%, individual trading volume, and individual PnL%, with extra leadership bonuses of up to 5,000 USDT for top team captains.
To participate, register for the campaign, join or create a team, and trade during the competition period to qualify for rewards.
Bitrue New User Bonus and Futures Trading Competition
Geo: Worldwide, excluding the US and China
Dates: Until June 7
Up for grabs: Up to 4,200 USDT in rewards
Bitrue’s new user bonus and futures trading competition is live, with traders able to unlock rewards through KYC, deposits, and futures trading volume.
New users can receive a 1,000 USDT Futures Position Coupon after completing KYC, depositing at least 100 USDT, and reaching 10,000 USDT in futures trading volume.
The campaign also includes a trading competition, with participants earning 120 USDT for every 200,000 USDT in futures taker volume across six reward tiers.
To participate, register for the campaign, complete KYC, meet the required net deposit, and trade futures during the campaign period to qualify for rewards.
What went down this weekend…
MicroStrategy Sells BTC First Time in Years
Strategy has sold Bitcoin for the first confirmed time in years, offloading 32 BTC for around $2.5 million in late May.
The sale is tiny compared with its wider treasury. Strategy still holds 843,706 BTC, worth more than $60 billion, so this is not exactly a major retreat from Bitcoin. Still, the optics matter. For a company known almost entirely for relentless accumulation, even a small sale is enough to get traders watching for what comes next.
Fort Knox Audit Calls Return After Gold Theft Charges
Trump has renewed calls for a physical Fort Knox inspection after a former senior CIA official was charged with stealing more than 300 gold bars from the federal government.
David Rush allegedly took gold worth more than $40 million, along with cash and luxury watches, putting fresh pressure on how the US verifies its reserves. Fort Knox holds around 59% of official US gold reserves and has not had an independent public audit since 1974.
Coinbase and JPMorgan Feud Over Crypto Rules
Coinbase and JPMorgan’s stablecoin fight escalated after Brian Armstrong hit back at Jamie Dimon with a viral meme backing the CLARITY Act.
The clash has turned into a wider industry rally, with crypto leaders arguing that lawmakers, not banks, should decide how stablecoin rewards are regulated.
Adam Back Flags Bitcoin’s 200-Week Average as a Structural Bull Signal
Bitcoin’s 200-week moving average pushed above $61,000 over the weekend, and Adam Back is treating it as another long-term bull signal.
Back framed the move as a patience signal, arguing that disciplined buyers who accumulate near long-term moving-average lows have historically done well across full Bitcoin cycles.
❓ Quick Quiz ❓
What is Google trying to release 32 million of in Florida?
A) Gold bars
B) Mosquitoes
C) Bitcoin miners
D) AI robots
Monday Meme
