Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

**May 25th** Per *The New York Times*, the U.S. and Iran are pushing forward with negotiations for a ceasefire and peace deal, though finalizing a full agreement is still expected to take several more days—sign-off is needed from both nations’ top leadership. U.S. President Donald Trump said the deal would either be “great and meaningful” or “no deal at all.” Iranian officials, for their part, noted that while most issues are agreed upon, “a signing is not imminent.” Under the terms being discussed, core elements include reopening the Strait of Hormuz to navigation, de-escalating tensions in the Middle East, and creating space for future nuclear talks with Iran. U.S. officials say Iran has agreed in principle to address its stockpile of highly enriched uranium. But Iran’s Foreign Ministry stressed negotiations right now remain focused on “ending the war” and have not yet delved into nuclear specifics. Fueled by optimism around the potential peace breakthrough, international

May 25 update: According to monitoring from blockchain security firm PeckShield, the WUSD/GLOVE deployment on the Ethereum network was exploited in an attack, resulting in approximately $207,000 in losses. The attacker converted the stolen assets into roughly 98 ETH, then transferred these funds to Railgun—a privacy protocol—apparently aiming to obfuscate the flow of money through coin mixing and privacy-enhancing tools.

May 25 Crypto Market Update: Bitcoin Bounces on US-Iran Tension Hope, But Warning Signs Loom On May 25, as traders positioned for easing U.S.-Iran tensions, Bitcoin bounced off roughly $75,000, sparking expectations the crypto could push toward $80,000—and trigger a wave of short liquidations. Several market participants framed Bitcoin’s earlier dip below $75,000 as a liquidity sweep rather than a meaningful sell-off, noting the current market mood has shifted to a short-term bullish trend. Analysis shows a large cluster of high-leverage short positions is concentrated between $80,000 and $80,500; a sustained price rise here could ignite a new short squeeze. Meanwhile, growing optimism over a potential U.S.-Iran peace deal is boosting broader risk assets: U.S. stock futures hit an all-time high, while oil prices pulled back. Analysts widely agree that reduced geopolitical risk acts as a tailwind for crypto and other high-risk assets alike. But on-chain and fund flow data are

On May 25th, per Hyperinsight Monitoring (@HyperInsight on Telegram), a Bitcoin (BTC) whale’s short position on Hyperliquid was liquidated twice consecutively within the past hour, totaling 169.5 BTC worth roughly $13.15 million—this marks the largest liquidation on the network today. Following the liquidations, the whale used the remaining $220,000 in their account to go long with 40x leverage, holding 130.6 BTC. The position is valued at approximately $10.1 million, with an average entry price of $77,561 and a liquidation price of $76,681. Wallet Address: 0x2fc3195efbf91ad90854bc3c02fe739895c23460 The HyperInsight Bot is now live. To automatically sync on-chain information, add @HyperInsightBot to your Telegram group, set it as an admin, and enable its "Send Messages" permission.

May 25 Update: Tiger Brokers (operating under the name Upland Securities per prior filings) released a customer statement addressing recent market-focused regulatory guidance, confirming that the relevant rules have not yet been fully implemented. The firm added that domestic clients’ deposits, positions, and trading activities remain unaffected, and the platform will not force out existing users. In its statement, Tiger clarified that the regulatory guidance specifically targets individual investors holding only a Mainland Chinese ID card or Mainland Chinese passport—individuals with no foreign residency or citizenship status. The impact of the new rules covers the entire domestic brokerage industry, including platforms like Tiger Brokers, Futu, and Chuhai. Clients not subject to the guidance include those holding a Hong Kong permanent or non-permanent resident identity card, work visas, student visas, or other valid overseas identity documents, as well as overseas registered operat

MAY 25 — A May 1 lawsuit filed in New York is asking a court to grant ownership of 39,069 long-dormant Bitcoin wallets, sparking critical legal questions about lost crypto assets and how property law applies to digital currency. Plaintiffs Noah Doe and two Wyoming limited liability companies — ABC Company and XYZ Company — argue the Bitcoin linked to these addresses counts as "abandoned property" under New York’s Abandoned Property Law, and the case has been reported to the New York Police Department. The wallet addresses include funds from early Bitcoin miners, plus those tied to Bitcoin’s enigmatic creator, Satoshi Nakamoto. But the lawsuit’s legal standing is shaky. Even if the court rules in the plaintiffs’ favor, it’s technically unenforceable because the Bitcoin network lacks any "keyless fund reallocation" mechanism. Analysts from research firm Castle Labs note the only exception would be if the coins were moved to a regulated custodian or exchange, where the court could compe