U.S. stocks closed mixed Thursday, with the S&amp;P 500 rising 0.4% to log a fourth straight day of gains, while the Dow Jones Industrial Average climbed more than 250 points. The Nasdaq Composite dipped 0.2%, breaking its six-day winning streak.…

Dow jumps 271 points, S&P 500 extends win streak, Nasdaq sheds 0.18%

Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is 
now consolidating and might aim to clear the $105,000 zone. Bitcoin started a 
fresh upward move from the $101,500 zone. The price is trading above $103,000 
and the 100 hourly Simple moving average. There was a break above a connecting 
bearish trend line with resistance at $103,950 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if 
it clears the $105,000 resistance. Bitcoin Price Aims Higher Bitcoin price 
started a fresh increase from the $101,500 support zone. BTC formed a base and 
was able to clear the $102,500 resistance zone. The bulls even pushed the 
price above $103,200. There was a move above the 50% Fib retracement level of 
the downward move from the $104,980 swing high to the $101,441 low. Besides, 
there was a break above a connecting bearish trend line with resistance at 
$103,950 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above 
$103,200 and the 100 hourly Simple moving average. On the upside, immediate 
resistance is near the $104,150 level or the 76.4% Fib retracement level of 
the downward move from the $104,980 swing high to the $101,441 low. The first 
key resistance is near the $105,000 level. The next key resistance could be 
$105,500. A close above the $105,500 resistance might send the price further 
higher. In the stated case, the price could rise and test the $106,500 
resistance level. Any more gains might send the price toward the $108,000 
level. Another Decline In BTC? If Bitcoin fails to rise above the $104,200 
resistance zone, it could start another correction in the short term. 
Immediate support on the downside is near the $103,200 level and the 100 
hourly Simple moving average. The first major support is near the $102,500 
level. The next support is now near the $101,500 zone. Any more losses might 
send the price toward the $100,000 support in the near term. The main support 
sits at $98,800, below which BTC might gain bearish momentum. Technical 
indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. 
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 
level. Major Support Levels – $102,500, followed by $101,500. Major Resistance 
Levels – $104,200 and $105,000.

Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?

Mastercard is unleashing stablecoin utility worldwide, enabling real-time 
crypto-to-fiat spending at 150 million locations through its partnership with 
Moonpay and API-powered cards. Mastercard Unlocks Stablecoin Spending at 150 
Million Places via Moonpay Mastercard and Moonpay announced on May 15 a global 
partnership designed to integrate stablecoins into everyday transactions 
through a new line of branded […]

Mastercard Enables Stablecoin Use at 150M Merchants With Moonpay

Meliuz&#8217;s executive chairman says his fintech firm has become Brazil&#8217;s first 
publicly-traded Bitcoin treasury company following shareholder approval, with 
the firm also announcing it bought $28.4 million worth of Bitcoin to add to 
its existing stack.
&#8220;Historic day! Our shareholders have approved, by a wide majority, the 
transformation of Meliuz into the first Bitcoin Treasury Company listed in 
Brazil,&#8221; Israel Salmen posted to X on May 15.
Salmen said the firm snapped up 274.52 Bitcoin (BTC) for an average purchase 
price of $103,604, achieving a BTC yield of 600%.
Meliuz now holds 320.3 Bitcoin, worth a little over $33 million, with the 
latest purchase adding to the Brazilian fintech firm&#8217;s first purchase of 45.73 
Bitcoin on March 6.
_Details of M eliuz&#8217;s latest Bitcoin purchase. Source: __Israel Salmen_
In a May 15 statement, Meliuz said it would accumulate Bitcoin in an 
&#8220;accretive way&#8221; for shareholders using a range of financial instruments.
&gt; &#8220;Rather than just allocating part of its cash to Bitcoin as a hedge against 
&gt; inflation or currency devaluation, the Company has repositioned its purpose 
&gt; to act by maximizing the amount of Bitcoin per share.&#8221;
According to Salmen, Meliuz is the first Bitcoin treasury company in Latin 
America because the planned Bitcoin investments are now part of its &#8220;business 
strategy.&#8221;
BitcoinTreasuries.NET data shows that e-commerce platform MercadoLibre holds 
more, with over 570 Bitcoin, worth $59.2 million, after its latest purchase of 
157.7 Bitcoin on March 31.
## Meliuz has been one of Brazil&#8217;s top-performing stocks of late
Meliuz (CASH3.SA) has been one of the best-performing stocks on the Brasil 
Bolsa Balcao since the firm announced its first Bitcoin purchase on March 6, 
increasing more than 117% since then, according to Google Finance data.
Meliuz&#8217;s market cap now sits at 727.9 Brazilian real, or more than $128 
million.
_**Related:**__**&#8217; The world is trying to hoard Bitcoin right now&#8217; &#8212; Eric 
Trump**_
The fintech firm is well-known for its cashback program and serves over 30 
million users across Brazil.
_Source:__Israel Salmen_
 _**Magazine:**__**Danger signs for Bitcoin as retail abandons it to 
institutions: Sky Wee**_

Brazil fintech gets approval to become a Bitcoin treasury company

Institutional investments in crypto ETFs signal growing confidence in digital 
assets, potentially stabilizing the volatile crypto market.
The post Abu Dhabi sovereign wealth fund, Citadel double down on BlackRock&#8217;s 
Bitcoin ETF appeared first on Crypto Briefing.

Abu Dhabi sovereign wealth fund, Citadel double down on BlackRock’s Bitcoin ETF

Deepfake-assisted hackers are now targeting US federal and state officials by 
masquerading as senior US officials in the latest brazen phishing campaign to 
steal sensitive data.
The bad actors have been operating since April, using deepfake voice messages 
and text messages to masquerade as senior government officials and establish 
rapport with victims, the FBI said in a May 15 warning.
&#8220;If you receive a message claiming to be from a senior US official, do not 
assume it is authentic,&#8221; the agency said. 
If US officials&#8217; accounts are compromised, the scam could become far worse 
because hackers can then &#8220;target other government officials, or their 
associates and contacts, by using the trusted contact information they 
obtain,&#8221; the FBI said.
As part of these scams, the FBI says the hackers are trying to access victims&#8217; 
accounts through malicious links and directing them to hacker-controlled 
platforms or websites that steal sensitive data like passwords.
_Source:__FBI_
&#8220;Contact information acquired through social engineering schemes could also be 
used to impersonate contacts to elicit information or funds,&#8221; the agency 
added.
## Crypto founders targeted in separate deepfake attacks
In an unrelated deepfake scam, Sandeep Narwal, co-founder of blockchain 
platform Polygon, raised the alarm in a May 13 X post that bad actors were 
also impersonating him with deepfakes.
Nailwal said the &#8220;attack vector is horrifying&#8221; and had left him slightly 
shaken because several people had &#8220;called me on Telegram asking if I was on 
zoom call with them and am I asking them to install a script.&#8221;
_Source:__Sandeep Narwal_
As part of the scam, the bad actors hacked the Telegram of Polygon&#8217;s ventures 
lead, Shreyansh and pinged people asking to jump in a Zoom call that had a 
deepfake of Nailwal, Shreyansh and a third person, according to Nailwal.
&#8220;The audio is disabled and since your voice is not working, the scammer asks 
you to install some SDK, if you install game over for you,&#8221; Nailwal said.
&#8220;Other issue is, there is no way to complain this to Telegram and get their 
attention on this matter. I understand they can&#8217;t possibly take all these 
service calls but there should be a way to do it, maybe some sort of social 
way to call out a particular account.&#8221;
At least one user replied in the comments saying the fraudsters had targeted 
them, while Web3 OG Dovey Wan said she had also been deepfaked in a similar 
scam.
_Source:__Dovey Wan_
## FBI and crypto founder says vigilance is key to avoid scams
Nailwal suggests the best way to avoid being duped by these types of scams is 
to never install anything during an online interaction initiated by another 
person and to keep a separate device specifically for accessing crypto 
wallets.
_**Related:**__**AI deepfake attacks will extend beyond videos and audio &#8212; 
Security firms**_
Meanwhile, the FBI says to verify the identity of anyone who contacts you, 
examine all sender addresses for mistakes or inconsistencies, and check all 
images and videos for distorted hands, feet or unrealistic facial features.
At the same time, the agency recommends never sharing sensitive information 
with someone you have never met, clicking links from people you don&#8217;t know, 
and setting up two-factor or multifactor authentication.
_**Magazine:**__**Deepfake AI &#8216;gang&#8217; drains $11M OKX account, Zipmex zapped by 
SEC: Asia Express**_