📰 CoinEasy Newsletter - Wednesday, May 7 Summary

✅ Bitwise Files S-1 for $NEAR Spot ETF
- Bitwise officially submitted registration documents for the $NEAR ETF to the U.S. SEC
- Allows investment in $NEAR through brokerage without direct ownership
- Delaware corporation established about two weeks ago

✅ Kalshi Requests Dismissal of CFTC Appeal → Election Prediction Market Expected to Continue
- Court asked to dismiss CFTC’s attempt to sanction Kalshi
- Kalshi partners with Robinhood and aims to expand into sports predictions
- CFTC Commissioner: “Election prediction markets will not disappear”

✅ Strike Launches Bitcoin-Backed Loan Service
- Jack Mallers: “Access cash without selling Bitcoin”
- Loans from $75,000 up to $2 million, with 12% annual interest rate
- No impact on credit score, no early repayment fees

✅ U.S. Congress Divided Along Party Lines Over Crypto Controversy Surrounding Trump
- Democrats: “Trump family gained unfair profits through cryptocurrency”
- Republicans: “Discussions ongoing to establish regulations”
- Trump: Launching stablecoins and meme coins, also hosting crypto sponsorship events

✅ New Hampshire Passes First U.S. Bitcoin Reserve Bill
- Allows public funds to invest 10% in Bitcoin and gold
- Direct Bitcoin purchase or ETF options available
- “The era of digital reserves begins” – Satoshi Action Fund

✅ Strategy Accelerates Bitcoin Accumulation Through AI-Designed Stocks
- Michael Saylor: “AI helped design STRK and STRF stocks”
- Additional 1,895 BTC purchased via preferred shares → total holdings of 555,450 BTC (approx. $52.2 billion)
- “AI + Bitcoin = a new capital market innovation”

🔗 Source (https://t.co/fQKVIRp2Vj)

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