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Bitcoin faced a rare historical trend as long liquidations showcased new negative milestones. Trade tensions have caused market-wide jitters, affecting the spot Bitcoin ETF market. Investors remain watchful as Bitcoin rebounded above $82,000 on the paused tariff war.
WLFI is losing money on its Ethereum holdings as the price selloff grows. Although selloff chances are high, WLFI is highly pro-crypto. Ethereum price rebound is imminent after latest bottom set-up.
The XRP network just hit a major adoption milestone in the number of addresses. XRP is in the spotlight amid major validation from industry leaders. With the higher prospect of XRP ETF, the boost for price rebound remains visible.
- 18:56US CFTC Commissioner: Cryptocurrency Perpetual Futures Contracts Can Be Traded in the United StatesSummer Mersinger, a commissioner of the U.S. Commodity Futures Trading Commission (CFTC), stated that cryptocurrency perpetual futures contracts can be traded in the United States.
- 18:37Ahead of Trump Dinner, U.S. Democratic Leaders Propose Bill to Combat "Crypto Corruption"On May 23, according to The Block, just hours before President Trump hosted a lavish dinner to welcome major holders of TRUMP coins, U.S. Democratic leader Representative Maxine Waters introduced a new bill aimed at addressing concerns over the President's involvement in digital assets, calling for an end to "cryptocurrency corruption". Waters and 14 other Democratic co-sponsors introduced the "Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025" on Thursday afternoon. The bill aims to prohibit the President, Vice President, members of Congress, and their immediate family from "holding a proportion of digital assets sufficient to allow them to unilaterally alter digital assets," along with other related provisions.
- 18:36Open Interest in Bitcoin Contracts Across the Network Surpasses $80 Billion, Setting a New All-Time HighOn May 23, according to Coinglass data, the open interest in Bitcoin futures contracts across the network was 724,350 BTC (approximately $80.64 billion), reaching an all-time high. Among them, the open interest in CME Bitcoin contracts was 164,060 BTC (approximately $18.26 billion), ranking first; The open interest in CEX Bitcoin contracts was 121,870 BTC (approximately $13.57 billion), ranking second.