DESANTIS ANNOUNCES PRESDENTIAL BID WITH ELON MUSK ON TWITTER

I’m running for president to lead our Great American Comeback.— Ron DeSantis (@RonDeSantis) 9:58 PM • May 24, 2023

Breaking: Robert F. Kennedy Jr. to accept campaign donations in Bitcoin

“Today, we show the world the power and the durability and the flexibility of Bitcoin. [...] Almost everyone in this room is aware of the link between Bitcoin and democracy and freedom. [...] They’re passionate because of the deep representation of a deep need that we have for liberty and democracy and the promise that this innovation has to guarantee those virtues."

Twitter Spotlight

WE CAN OUST WARREN‼️‼️‼️Incase you missed it, a Poll came out on May 11th stating that a former Republican Gov. of Massachusetts had a chance a beating Warren 🗳️ From the poll: “The poll also asked several questions about Senator Elizabeth Warren, who is seeking reelection… twitter.com/i/web/status/1…— Samuel Armes (Florida Blockchain Business Assoc.) (@samuelarmes) 3:19 PM • May 24, 2023

A phenomenal thing may be happening in Texas with the advancement of a bill giving legal certainty for DAOs.— Brian Quintenz (@BrianQuintenz) 10:02 PM • May 12, 2023

WATCH: Trump posts video to Truth Social mocking DeSantis' botched Twitter announcement— Breaking911 (@Breaking911) 11:11 PM • May 24, 2023

No matter what happens, you can hear Ron DeSantis’ agenda loud and clear.— Joe Biden (@JoeBiden) 12:30 AM • May 25, 2023

Analytical Data

Some are trying to make a big deal out of debt ceiling resolution. T-bill deluge and a jump in feds' TGA which will lower bank reserves. Who cares! There's $2.2T in reverse repo right now along with an "extra" half trillion in GC repo (how much more in other safety bids).

Falling rates in GC repo markets along with high volumes indicate massive safety bid. As deposits leave banks for interest rate reasons MMFs and the like are relending but only to the safest, most liquid borrowers. Why? Rate hikes aren't it. CRE is just a start.

In The Know

Ron DeSantis enters 2024 U.S. presidential race ahead of Twitter event with Musk
Florida Governor Ron DeSantis made his entrance into the 2024 presidential race official on Wednesday ahead of an event on Twitter with billionaire Elon Musk where he is expected to publicly announce his campaign.
reuters.com

Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage
In a series of media appearances, executives said the French wallet-maker would make part of its code open-source and add additional security protections.
coindesk.com

Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet
Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago.
coindesk.com

Events

Click here for events & meetups inMay 2023

Celebrating Florida's CBDC Ban
Come join us in Naples Florida, for a celebration of Florida's Anti-CBDC Law to meet with like minded Bitcoin and Web3 businesses.
eventbrite.com

Crypto News Heard Around the State

Tampa News

It's official! We are now a Florida not-for-profit corporation, now just gotta wait on the IRS for our 501(c)3. A lot of work has gone into building this and we can't wait to open source our process with you all— Bitcoin Bay (@bitcoinbaytpa) 
 4:55 PM • May 24, 2023

Orlando News

📢 Our IGS 2023 immerseglobalsummit.com will take place in Orlando, Oct 17-19 as part of MetaCenter Global Week! Orlando (and it's MetaCenter) is the leading region in the U.S. for building the foundation of the Metaverse! #IGS2023#tech#ai#marketing— Immerse Global Summit (@ImmerseSummit) 5:29 PM • May 10, 2023

Miami News

Great news! Miami bond rate has just been upgraded, showing how solid and reliable our finances are— Mayor Francis Suarez (@FrancisSuarez) 
 9:44 PM • May 23, 2023

Disclaimer: Crypto Flo DOES NOT provide financial advice. All content is for informational purposes only. Crypto Flo is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses. tnis