● Federal Reserve Governor Waller: If tariffs decrease, rate cuts expected in the second half of 2025
According to BlockBeats reports, on May 22, Federal Reserve Governor Waller stated that if tariffs decrease, the Federal Reserve is expected to cut rates in the second half of 2025.
● U.S. House of Representatives to review the crypto market structure bill on June 10
According to PANews, crypto journalist Eleanor Terrett disclosed that U.S. House Financial Services Committee Chairman French Hill has set the date for the House's review of the crypto market structure bill for June 10.
● U.S. SEC delays multiple crypto ETF reviews, accepts Staked TRX ETF application
According to Wu Shuo reports, Bloomberg analyst James Seyffart stated that the U.S. SEC has once again delayed multiple crypto ETF reviews, including Bitwise and CoinShares' XRP ETF, Litecoin ETF, and Fidelity's physical Bitcoin ETF application. Meanwhile, the SEC has formally accepted the Staked TRX ETF application submitted by Canary Funds.
● European Central Bank meeting minutes: inflation nearly contained, further rate cuts possible
According to Jin Ten Data reports, the European Central Bank's meeting minutes indicate that although trade tensions may temporarily suppress prices, inflation in the eurozone is nearly contained. The ECB cut rates for the seventh time last month and warned that U.S. tariffs will severely impact economic growth. Committee members have increased confidence in a mid-term return to inflation target levels, with anti-inflation forces dominating in the short term. Despite some easing of trade tensions, market uncertainty remains, with expectations of another rate cut in June. Some policymakers believe that the trade war will lead to long-term inflation, while short-term trade shocks may trigger inflation due to their destructive impact on the global value chain.
● Strategy announces the sale of $2.1 billion in preferred stock for operations and Bitcoin investment
According to PANews, Strategy announced the sale of up to $2.1 billion in 10% Series A perpetual preferred stock (code: STRF) through TD Securities, Barclays Capital, and Benchmark. The preferred stock began trading on May 21 on the Nasdaq Global Select Market at $100.65 per share. The announcement noted that if a 'fundamental change' occurs, preferred shareholders can request the company to repurchase shares at face value plus accumulated dividends. The financing will be used for company operations and Bitcoin investments, but the documents caution that investments carry significant risks.
● Glassnode: Bitcoin hits all-time high, but profit-taking drops sharply to $1 billion
According to Odaily Planet Daily reports, on-chain data platform Glassnode reported that despite Bitcoin reaching an all-time high of $111,500 in May 2025, the overall profit-taking amount in the market has dropped significantly to only $1 billion, less than half of the $2.1 billion peak in December 2024.
Data also shows that short-term traders currently dominate the market, with 76.9% of BTC held for less than one month as 'recent holdings,' while the proportion of 'long-term holdings' held for over six months has dropped to 13.4%. Long-term holders are significantly reducing trading, reflecting their bullish outlook for the future market.
Analysis indicates that as BTC prices rise to $111,500, some investors are beginning to shift their focus to potentially more profitable altcoins, which may change the market's focus.
● SUI co-founder: Approximately $160 million of stolen funds from Cetus have been successfully frozen
According to ChainCatcher reports, SUI co-founder Adeniyi announced that about $160 million of funds have been successfully frozen in the recent over $220 million hacking incident involving the Cetus fund pool. These funds will soon be returned to the Cetus fund pool.
According to Cointelegraph reports, analysts and industry leaders believe that cryptocurrency and NFTs can help investors protect their purchasing power in an era of currency depreciation. Raoul Pal, founder of Global Macro Investor, stated that investment in digital assets is becoming increasingly important in an era of currency depreciation.
Nansen's research analyst Nicolai Sondergaard believes that NFTs and art have become tools for asset diversification among the wealthy, while for investors on lower wealth curves, the NFT segment is about speculation on future returns. Blockchain expert Anndy Lian stated that the broad adoption of art NFTs depends on the scalability and security of blockchain networks. Beeple's NFT artwork was auctioned for $69 million. The current floor price for CryptoPunks is 46 ETH, down 59% from its peak in 2021.
CryptoSlam's Yehudah Petscher expects the NFT market to recover in early 2026, but will not replicate the frenzy seen in 2021/2022.
