A whale purchased 16.35 million PIPPIN tokens in the last 3 days, with a unrealized gain of over $740,000 in position value.

May 24 – Fox News, citing a senior U.S. official, reported: “We have seen Iran make a serious and unprecedented compromise on enriched uranium,” according to Golden Finance.

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: Per Onchain Lens monitoring, the "BTC OG Insider Whale" wallet has expanded its HYPE holdings to 144,183 tokens, valued at approximately $9.03 million. The wallet currently maintains a 5x leveraged long position on BTC and a 3x leveraged short position on ZEC, incurring total unrealized losses exceeding $1.8 million.