Morning Bulletin - 16.05.2025

The SEC has launched an investigation into whether Coinbase overstated its user data.

Tether has minted a fresh batch of 1 billion USDT, adding to the stablecoin's total supply.

At the time of writing, Bitcoin (BTC) is trading at $104,120, while Ethereum (ETH) stands at $2,590.

The **Fear and Greed Index is at 69, indicating a level of greed in the market.

Key events to watch today:

MultiversX (EGLD): Soul Labs public sale will take place.

Arbitrum (ARB): A token unlock of 92.65 million ARB (1.95% of the circulating supply) is scheduled.