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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

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Iran Tensions Drive Market, US Stocks Close Higher in Volatile Session, Storage Sector Soars, Crypto Market Sees Slight Rebound

May 22nd, per Bitget market data, a midday slump in US equities tied to heightened Middle East geopolitical tensions was later offset after Iranian media confirmed the final agreement draft, driving a modest uptick in the three major US stock indices. The Dow Jones Industrial Average notched another record high, while crude oil prices declined. Per HTX market information, the total cryptocurrency market capitalization rose 0.3% over the past 24 hours to reach $2.675 trillion. Bitcoin briefly recovered to $78,000 and is currently trading at $77,700, while Ethereum stands at $2,135. Among top coins, ZEC saw a minor pullback to $664, and HYPE remains resilient at $58.7. US crypto-linked stocks mostly advanced, with the following moves: MicroStrategy (MSTR) down 0.58%; Coinbase (COIN) up 1.19%; Circle (CRCL) up 2.92%; BitMine Immersion (BMNR) up 1.24%; SharpLink Gaming (SBET) up 2.27%. Meanwhile, the US semiconductor and storage sector posted strong gains, including: AMD up 0.45%; Qualco

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Trump Threatens Iran Again, Demands Handover of Enriched Uranium to Be Destroyed

May 22 (Xinhua News Agency) — U.S. President Donald Trump told reporters at the White House on May 21 local time that Iran must turn over its highly enriched uranium, noting the United States will likely destroy the material once it is obtained. "We will get that highly enriched uranium. We don't need it, we don't want it. We will likely destroy it once we have it, and we will not allow them to have it," Trump said when pressed by reporters. The president added that ongoing negotiations between the U.S. and Iran have an uncertain outcome. According to data from PolyBeats sourced from prediction market platform Polymarket, the probability that Iran will agree to halt uranium enrichment by the end of May stands at 9%, rising to 23% by the end of June and 52% by the end of the year.

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Jerome Powell to Be Sworn In as Federal Reserve Chair Tonight at 11 PM

WHITE HOUSE ANNOUNCEMENT | MAY 22 New Federal Reserve Chair Wash will be sworn in today, May 22, at 11:00 a.m. ET in a ceremony hosted by President Trump. Data from CME Group’s FedWatch Tool reflects market sentiment that interest rate cuts under Wash’s tenure remain dim: there is a 96.8% probability the Federal Reserve will hold its benchmark interest rate steady in June, a 3.2% chance of a 25 basis point rate hike, and zero likelihood of any rate cut priced into the market.

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WTI and Brent oil both briefly fell below $100, with Iranian media reporting that the final draft of the US-Iran agreement has been reached

On May 22, WTI and Brent crude oil prices extended their declines, briefly dipping below the $100 per barrel threshold. The two benchmarks are currently trading at $100.25 and $100.31 per barrel respectively. In related news: The Iran Labor News Agency (ILNA), citing Al-Arabiya, reports that a final draft of the U.S.-Iran agreement has been finalized with Pakistan’s mediation and is set to be announced in the coming hours.

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Trump's Son to Hold Wedding, Trump Says "Prioritizing Iran Issue, May Be Absent"

May 22 update: Donald Trump Jr. and socialite Bettina Anderson will host a small wedding on a private island in the Bahamas during Memorial Day weekend 2026, with the ceremony scheduled for May 25. Donald Trump Sr. has signaled he may attend his son’s wedding but notes he needs to prioritize Iran-related matters first. Anderson, 39, hails from a wealthy family in Palm Beach, Florida, holds an Art History degree from Columbia University, and is a model, influencer, and philanthropist who co-founded a natural disaster relief fund.

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Cross-chain Settlement Protocol Everclear Announces Shutdown

On May 22, cross-chain settlement protocol EverclearOrg announced it is winding down operations for its foundation, Labs division, and product development team. The core issue? Its solver-based cross-chain fund rebalancing model, which reached $500 million in monthly transaction volume, failed to convert that scale into meaningful revenue due to user price sensitivity. Per the announcement, a six-month shift toward B2B2C partner collaborations didn’t come together as planned, and acquisition options also fell through. With funds depleted, the team made an orderly shutdown decision. The protocol has been taken offline—no user funds are stuck, though its UI and blockchain are currently inaccessible. The DAO will continue operating and is exploring open-sourcing the protocol. If any remaining funding exists, a CLEAR token buyback is under consideration.

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