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🧵 Crypto Daily Recap | May 23, 2025 1. TradFi eyes stablecoins JPMorgan, BofA, Citigroup & Wells Fargo are reportedly teaming up to launch a joint stablecoin. This isn’t just interest—it’s a power move. 2. Michigan turns pro-crypto New bills passed supporting mining, tax breaks, treasury investment in BTC & ETH, and legal protections for digital assets. A true crypto-friendly blueprint. 3. Sweden joins the Bitcoin club H100 Group becomes the first public company in Sweden to buy BTC—just 4.39 coins, but a huge symbolic step. Even healthcare is stacking sats now. 4. TRX eyes ETF status The SEC acknowledged Canary Capital’s filing for a Staked TRX ETF. First Bitcoin. Then ETH. Now Tron wants in. Bullish energy is spreading. 5. Binance Launchpool: Project #70 Huma Finance (\$HUMA) is the latest addition. Another early mover’s opportunity—if you’re paying attention. 6. ETF flows hit new highs On May 22 alone: 8,530 BTC and 43,330 ETH bought. Net inflows: \$934.8M for BTC, \$110.5M for ETH. Wall Street is loading up—not dipping out. 7. Cetus negotiates with hacker After the \$220M exploit, Cetus offers a \$6M bounty for the return of ETH and frozen SUI. In crypto, even hackers play CEO. 8. Trump plays hardball with the EU No deal yet. Talks slow. Tariffs may be delayed if Europe relocates factories to the U.S. America First policy is back in the spotlight.
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Trump on EU trade talks: “I’m not seeking a deal” Negotiations moving slow Might delay tariffs if Europe moves factories to the U.S.
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Just in: Binance Launchpool is back with project #70: Huma Finance ($HUMA)
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This could be the markets reacting to Trump’s potential new tariffs on the EU. But always zoom out!
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ETF flows on May 22 were wild: 8,530 BTC and 43,330 ETH scooped up in a single day. Net inflows? $934.8M for Bitcoin $110.5M for Ethereum Wall Street isn’t buying the dip… They’re buying the future.
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