Day

May 22, 2025

BTC price eyes $112K as risk assets 'ignore bad news' on unemployment

May 22, 20250
Key points:Mixed results for US jobless claims fail to dent risk-asset enthusiasm.Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session.BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking.Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open...

Semiconductor exemptions don’t matter when it comes to tariffs

May 22, 20250
Opinion by: Ahmad Shadid of O.xyzSemiconductors scored a rare exemption from US President Donald Trump’s aggressive reciprocal tariffs, but the relief is symbolic at best. Most semiconductors enter the US embedded in servers, GPUs, laptops, and smartphones. The finished goods remain heavily tariffed, some with duties reaching up to 49%. The exemption looks good politically but...

Which senators invest in crypto? 11 lawmakers have blockchain-related investments

May 22, 20250
As the question of stablecoin regulation heats up in the US Senate, so has the issue of which members are personally invested in cryptocurrencies and cryptocurrency firms. On May 19, the Senate voted to invoke cloture and move ahead with the GENIUS Act, which would provide a regulatory framework for stablecoins. The measure passed 66-32,...

XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

May 22, 20250
Key takeaways:XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%.Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism.XRP could rally to $14 if a classic bull flag pattern is confirmed.XRP printed a “bull flag” triangle on the...

These 4 memecoins can outperform Bitcoin this cycle

May 22, 20250
Key takeaways:Memecoins like Fartcoin, WIF, SPX6900, and Popcat are outperforming Bitcoin in the short term amid renewed crypto market euphoria.Bullish technical patterns signal more upside for top-performing memecoins.Popcat stands out with a potential 350% rally, while Fartcoin and WIF also eye significant gains in the coming weeks.Bitcoin (BTC) has surged 7.35% over the past three...

How staking incentivizes trust without burning energy

May 22, 20250
What if a financial system could run itself not by burning electricity, but by rewarding good behavior? That’s the promise of staking, a mechanism that powers many modern blockchains by turning users into network operators. In this week’s episode of The Clear Crypto Podcast, hosts Gareth Jenkinson and Nathan Jeffay sit down with StarkWare’s Noam Nisan...

Exponential currency debasement: ‘You don’t own enough crypto, NFTs’

May 22, 20250
Cryptocurrencies and non-fungible tokens (NFTs) can help investors protect their eroding purchasing power during the era of exponential currency debasement, according to analysts and industry leaders.Investing in digital assets is becoming increasingly important in the “world of the exponential age and currency debasement,” according to Raoul Pal, founder and CEO of Global Macro Investor.“You don’t...

Whale buys back ETH holdings after losing $2.67M by selling early

May 22, 20250
A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670 per coin, reentering ETH after a major...

Sui DEX Cetus suspected of being hacked: Over $200M in potential losses

May 22, 20250
Cetus, a decentralized exchange (DEX) built on the Sui blockchain, is suspected to be undergoing a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a screenshot of Cetus market...

UK court partially dismisses Bitcoin SV investor’s lawsuit against Binance

May 22, 20250
The United Kingdom’s Court of Appeal has partially dismissed a lawsuit brought by Bitcoin SV investors against major crypto exchanges, including Binance, for allegedly conspiring to delist the token in 2019.In a judgment handed down on May 21, the court ruled that investors who held BSV through the delisting period (classified as “sub-class B”) were...
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