Trump Calls on Multiple Middle Eastern Countries to Sign the "Abraham Accords," Suggests Iran's Agreement Could Lead to Joining the "Global Alliance"
On May 25, President Trump tweeted that negotiations between the U.S. and Iran were "progressing well." If a "great agreement" can’t be reached, the situation could slide back into a "larger-scale battlefield."
Trump revealed he’s been in contact with leaders from Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and other countries, and he’s asked those nations to "sign the Abraham Accord simultaneously" to push for full reconciliation in the Middle East.
Trump stated that the Abraham Accord has brought "financial, economic, and social prosperity" to member countries including the UAE, Bahrain, Morocco, Sudan, and Kazakhstan, and he added that if Iran strikes a final deal with the U.S., Iran would also be welcome to join this "unprecedented global alliance."
Trump emphasized his hope that Saudi Arabia and Qatar would be the first to sign, with the rest of the countries following suit, noting that this could become "the most important peace agreement in the Mid
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Analysis: If Garrett Jin had refused to trade ETH, he could have realized a profit of over $70 million. However, his current loss has now amounted to $128 million.
May 25 – On-chain data platform Bubblemaps reveals that the "10/10 Whale" linked to Garrett Jin earlier netted a $100 million profit from shorting Bitcoin (BTC), but later took a massive $200 million loss after betting heavily on Ethereum (ETH).
New on-chain data shows a newly associated address—labeled 0x92ea—has bought $10 million worth of HYPE and opened a $38 million short position on Zcash (ZEC).
The account’s current unrealized profit and loss (P&L) is as follows:
? Long HYPE: Approximately $900,000 in profit
? Short ZEC: Roughly $1.8 million in loss
Earlier, Bubblemaps noted that this whale established a $735 million BTC short position at the end of last year and transferred $220 million to Binance, sparking market speculation about whether it would launch a "second round of shorting" for Bitcoin.
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Bitget Launches U/SLX Spot Trading
May 25 – Bitget officially announced today that spot trading pairs for United Stables (U) and Solstice (SLX) are now live.
Trading for the U pair is active immediately, while its withdrawal channel will open on May 26 at 5:00 PM (UTC+8). For SLX, deposits are available right now, and its trading pair will launch at 10:00 PM (UTC+8) on May 25.
Head to Bitget’s official platform for all additional details.
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Bitget to Revamp US Stock Token Business: Moving to Broker-Dealer Direct Model, Supporting Dividends and Stablecoin Trading
May 25 — Multiple sources have confirmed that Bitget is abandoning its existing stock token model and transitioning to a self-developed U.S. stock product with direct connections to brokerage firms. While the offering will still be presented in stock token form, it will deliver an experience and liquidity far closer to that of actual U.S. stocks. Additionally, this new framework will enable stablecoin transactions, and will even support both stock dividends and cash dividends. Since the end of last year, the exchange has actively recruited several employees from online brokerages, primarily for operations and key account roles.
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Bitcoin ETF sees outflows of over $2 billion in two weeks, but analysts say “institutional funds have not exited”
May 25: Bitcoin remained volatile below the $78,000 threshold on Monday, continuing its recent sideways price trend. Earlier, U.S. spot Bitcoin ETFs saw over $1 billion in net outflows for two straight weeks, with last week’s net withdrawal totaling $1.26 billion.
Despite persistent outflows from BTC and Ethereum ETFs, several institutions frame these moves as "fund rotation" rather than a complete retreat from the crypto space.
Timothy Misir, Head of Research at BRN, stated: "Institutional buying pressure hasn’t vanished—it’s just rotating to other assets." Data supports this shift: over the same period, the XRP ETF posted a $22 million net inflow, Solana ETF pulled in $16 million, the newly launched Hyperliquid (HYPE) ETF attracted roughly $72 million, while Ethereum ETF outflows reached $216 million.
Analysts attribute recent market choppiness to multiple factors: U.S.-Iran tensions, the SEC’s delay in its tokenized stock trading plans, and upcoming U.S. macroeconomic data releas
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