Overview of Key Overnight Developments on May 13
21:00-7:00 Keywords: BlackRock, Citigroup, Nirvana Labs
1. Nasdaq opens 4% higher, major tech stocks in the US surge collectively;
2. BlackRock has applied to enable physical redemption for its Ethereum Trust;
3. Sonic Labs announces the sale of $10 million in tokens to Galaxy;
4. Citigroup postpones its forecast for the next Fed rate cut from June to July;
5. US SEC Chairman Paul Atkins: A comprehensive reform of crypto broker rules may be underway;
6. Blockchain cloud computing company Nirvana Labs completes a $6 million seed extension round, led by Jump Crypto and others.
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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