Robert Kennedy Jr., a Democratic candidate for the 2024 US presidential elections, expressed his support for Bitcoin during the ongoing Bitcoin 2023 conference in Miami. He praised the cryptocurrency as a symbol of democracy and freedom and outlined a four-pronged plan to regulate and develop the crypto ecosystem in the US. Kennedy's proposals aim to counteract the current policies implemented by various US agencies, which are viewed as a government-led assault on the crypto and its community. Other American politicians who support the crypto ecosystem, including Senator Cynthia Lummis, Congressmen Patrick McHenry, Byron Donalds, and former congresswoman Tulsi Gabbard, also attended the conference.

Robert Kiyosaki, author of the best-selling book 'Rich Dad Poor Dad,' is advocating for alternative investments such as Bitcoin, Gold, and Silver as a safeguard against a potential severe recession in the United States. He warns of a looming economic crisis due to rampant corruption and incompetence within the government. Kiyosaki emphasizes the significance of diversification to mitigate risk and increase the potential for capital appreciation. While he remains optimistic about Bitcoin's long-term potential, he also encourages investors to include other alternative assets in their portfolios.

The price of Bitcoin has remained steady at $26,800, prompting speculation about whether it will reach $30,000. However, both Bitcoin and Ethereum have experienced declines due to negative market sentiment influenced by ongoing discussions on the debt ceiling, regulatory uncertainties, and the strength of the US dollar. Decreased Bitcoin trading activity and uncertainty have also impacted price sentiment, potentially leading to a price decline. Despite this, Bitcoin still holds the top position on CoinMarketCap with a live market capitalization of $521.6 billion. Cryptonews Industry Talk has compiled a list of 15 promising cryptocurrencies to watch in 2023, with strong potential for growth in the near and distant future. Readers can also find the best price to buy/sell cryptocurrency through the Cryptocurrency Price Tracker provided by Cryptonews.

As the high-stakes legal battle between Ripple and the Securities and Exchange Commission (SEC) approaches its summary judgment, legal experts are speculating about the potential outcome. Stuart Alderoty, chief legal officer of Ripple, recently shared a significant development on Twitter that could potentially reshape the interpretation of securities laws in the digital age. Alderoty highlighted a recent Twitter opinion by the Supreme Court, emphasizing the crucial role of adapting legal factors from previous cases to suit the evolving landscape of the new world. This recognition aligns with Ripple’s central argument, asserting that the Howey test and its accompanying statute should be interpreted within the common law framework. Additionally, the unsealing of the Hinman documents, which provide insight into how the regulator initially categorized cryptocurrencies such as Bitcoin and Ethereum as securities, is set to take place on June 6.

LayerZero, a blockchain interoperability protocol valued at $3 billion and backed by major players such as A16z, Sequoia Capital, and Coinbase Ventures, is launching an airdrop for early adopters. The protocol aims to simplify the user-side transition of money between incompatible substrates and allows direct transactions between different blockchains. To participate in the airdrop, users must interact with certain bridges supported by the interoperability protocol using their own non-custodial wallet, such as MetaMask, and stake STG tokens on the bridge platform. Active users who stake STG on the bridge platform and participate in on-chain discussions may be rewarded in the event of a future airdrop. LayerZero technology offers several bridges, including Bitcoin Bridge, Aptos Bridge, and SushiSwap Bridge, that allow for on-chain transfers between different blockchains. It is recommended to avoid transactions with the Ethereum network to save on fees.

Bitcoin has been relatively stagnant, with only a brief pump and dump of around $500 yesterday. Altcoins have also failed to produce any significant moves, except for Injective. After a period of enhanced volatility last week, Bitcoin has been trading with fewer fluctuations and has remained stuck at around $27,000. Most altcoins have also remained stagnant, with only a few exceptions such as AGIX and INJ, which have seen daily gains of 15% and 7%, respectively. The total crypto market cap remains stuck at just over $1.120 trillion.

Mexico's largest internet services provider, Total Play, has announced the integration of Bitcoin Lightning Payments, offering users the option of on-chain or Lightning payments. This move could potentially boost Bitcoin adoption in neighboring countries.

Marathon Digital Holdings, a Bitcoin mining firm, has managed to offset lower Bitcoin prices with increased production and a price protection approach.

Governor Ridwan Kamil of West Java, Indonesia, expressed his optimism for Bitcoin adoption in the country during a recent discussion titled "The Indonesia Bitcoin Mining Campaign".

During the Bitcoin 2023 event in Miami on May 19, U.S. Republican Sen. Cynthia Lummis of Wyoming spoke with Perianne Boring, the founder and CEO of Chamber of Digital Commerce, about the importance of Bitcoin to U.S. national and energy security, as well as upcoming legislation surrounding cryptocurrency, blockchain, and related technologies.