📰 CRYPTO DAILY DEGEN DIGEST - Wednesday, May 14, 2025

🔥 TOP HIGHLIGHTS
• Asia’s leading iGaming platform BK8 enters Web3 with its token $BK.
• Coinbase set to join the S&P 500 next week.
• Dubai government plans to accept crypto payments for government services.

💰 MARKET OVERVIEW
The crypto market is experiencing renewed interest as Bitcoin trades above $100,000 amid bullish sentiment due to a US-China trade deal. Ethereum has spiked over 50% in the past week, and altcoins are showing signs of an "altseason" as investor appetite shifts. Major institutional investments from firms like Tether indicate significant demand, further tightening supply. The overall sentiment remains optimistic but cautious as traders anticipate potential market corrections.