「BTC OG Insider Whale」 has increased their HODL position to 144,183 coins, approximately $9.03 million.

May 24th – Cryptocurrency lending platform Ledn released a report projecting that the Bitcoin-collateralized lending market could grow from its current $3 billion to $1 trillion over the next 10 years. The report draws on a survey of 1,244 cryptocurrency holders in the U.S. and Australia, where 88% of respondents expressed willingness to use their cryptocurrency as collateral for loans or credit products, yet only 14% currently do so. Ledn noted this shows a “6:1 gap between willingness and adoption” in the market. The report emphasized that the industry’s biggest challenge is not lack of demand, but trust-related issues. Users’ top concerns include cryptocurrency price volatility, liquidation risks, and regulatory uncertainty. Additionally, factors such as platform reputation, asset custody security, loan term transparency, and risk management capabilities are considered more important than interest rates themselves.

May 24 — A senior U.S. official told reporters during a briefing that the White House does not anticipate finalizing a peace agreement with Iran by Sunday, according to a report from AXIOS. The official noted the deal could take several days to secure approval from Iranian leadership, including Supreme Leader Ali Khamenei. While U.S. officials remain optimistic the agreement will be signed in the coming days, they acknowledge it is not yet finalized and still carries a risk of collapsing. The pact aims to prevent further escalation of tensions and ease pressure on global oil supplies, though it remains unclear whether a lasting peace deal that meets former President Donald Trump’s nuclear demands can be reached. Over the weekend, Trump took to social media to state he had instructed his representatives “not to rush into a deal,” adding that “both sides must take the time to get it right.” (Kryptonite)

May 24 – Israeli Prime Minister Benjamin Netanyahu said that President Trump and he agree that any final deal with Iran must include the elimination of its nuclear threat. This means dismantling Iran’s nuclear enrichment facilities and removing enriched nuclear material from the country’s territory. (FXStreet)

On May 24th, a U.S. official told Axios that Iran’s Supreme Leader has approved the overall framework of the agreement. (FX168)

May 24, Michael Saylor posted: "This week, we bought bonds, not Bitcoin. The 'Bitcoin vacuum cleaner' BitVac is recharging."

On May 24th, Adam, an analyst with Greek.live, took to social media to state that Bitcoin (BTC) staged a V-shaped rebound over the weekend, driven primarily by developments related to U.S.-Iran tensions. He noted that the crypto may still see some additional upside momentum following the opening of the U.S. stock market. From the BTC options standpoint, gamma constraints have weakened after this week’s option expiry. The $78,500 level remains the key pain point and a critical battleground between bulls and bears. If BTC can hold the $77,000–$78,000 range, it will likely maintain a sideways-to-slightly-bullish trend. A high-volume breakout above $80,000 would likely see call options drive the market higher once again. Current short-term implied volatility (IV) remains low, despite strong market volatility expectations. To control costs, strategies like call spreads, put spreads, or waiting to add positions after BTC breaks above $80,000 or falls below $77,000 are more appropriate.