Crypto Market Sees $300M Liquidations as Trump Tariff Threats Flush Late Bulls
Krisztian Sandor May 23, 2025

The leverage flush happened as crypto prices quickly dropped on renewed trade war fears, with BTC slipping 3% from near record highs.

CoinDesk 20 Performance Update: Index Declines 3.2% as All Assets Trade Lower
CoinDesk Indices May 23, 2025

Sui (SUI) Dropped 6.8% and NEAR Protocol (NEAR) fell 5.8%, leading the index lower from Thursday.

Semler Scientific Bolsters Bitcoin Holdings with $50M Acquisition
James Van Straten May 23, 2025

The company acquired 455 bitcoin in its third-largest announced purchase.

Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk
Jamie Crawley May 23, 2025

Ledn said the shift is part of its broader strategy to simplify its product and sharpen its focus around bitcoin.

Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K
Stephen Alpher May 23, 2025

The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones.

CFTC’s Plans for Crypto Perpetual Trading Puts Focus on Hyperliquid’s HYPE
Shaurya Malwa May 23, 2025

HYPE is up 15% in the past 24 hours, outperforming majors, as developers said they submitted comments to the derivatives agency on using DeFi principles to create better products.

Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
Francisco Rodrigues May 23, 2025

Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms.

Bitcoin Enters Strongest Accumulation Phase Since January as BTC Price Passes $110K
James Van Straten May 23, 2025

Glassnode data shows all wallet cohorts are now accumulating, with options markets pricing in potential upside beyond $200K in June.

Justin Sun Defends TRUMP After Presidential Dinner, Says ‘Memecoins Have Merit’
Sam Reynolds May 23, 2025

Tron’s Sun sees the President fueling a new American crypto boom.