Japanese and Korean Stock Markets Close Higher, Nikkei 225 Index Hits Record High

May 22 — Per Hyperinsight monitoring, Hyperliquid ecosystem meme coin PURR rallied 18% today, driven by HYPE’s breakout to a new all-time high. The token is now trading at $0.1307, yet it still sits roughly 80% below its peak. PURR’s daily trading volume on the Hyperliquid platform has topped $10 million, with total value locked (TVL) coming in at $9.7 million. A bearish whale — who shifted from profits to losses during last week’s market rebound — saw their unrealized losses jump to $570,000 today. Over the course of this week, the wallet has withdrawn more than $1 million in total funds, representing a 160% loss on their initial investment. The address in question is currently short 12.695 million PURR with 3x leverage, holding a position worth around $1.66 million. The average entry price for the short is $0.0854, with a liquidation price of $0.3055. The wallet address: 0x6859da14835424957a1e6b397d8026b1d9ff7e1e.

May 22 — Per official sources, Binance is set to list Genius Terminal (GENIUS) and OpenGradient (OPG) for spot trading at 7:00 PM on May 22 (Beijing Time), with Seed Tags applied.

**Global Markets Wrap (May 22): Stock-Bond Divergence, Fed Credibility Tests, Middle East Energy Risks, and Crypto Volatility** On May 22, a sharp divergence emerged across global financial markets: equities remain anchored by lingering optimism around abundant liquidity and the AI growth narrative, while the bond market is already repricing for potential interest rate hikes. The U.S. 10-year Treasury yield climbed to 4.6%, marking the first time in 12 months markets are no longer pricing in rate cuts—and instead wagering on hikes. This shift signals dwindling patience with U.S. inflation, fiscal deficits, and energy-related risks. April’s U.S. data underscores mounting pressure: PPI rose 6% year-over-year, CPI hit 3.8%, and U.S. gasoline prices reached an all-time high in May. Markets are now waking up to a harsh reality: the Federal Reserve can no longer rely solely on holding rates high to stabilize the economy—it’s facing growing questions about its policy credibility. This is t

On May 22, the U.S. government launched a multi-agency coordinated financial operation through the Treasury Department’s Office of Foreign Assets Control (OFAC), targeting Iran’s domestic digital asset infrastructure in a systemic takedown designed to dismantle Tehran’s parallel shadow banking system. Per official disclosures, the operation successfully identified and disabled a large, interlinked digital wallet network directly controlled by the Iranian regime, freezing nearly $500 million in sovereign-linked crypto assets. The U.S. aims to undermine Iran’s ability to evade longstanding Western trade sanctions by blocking these alternative capital pathways, cutting off its funding for regional proxy networks, and systematically weakening the regime’s capacity to transfer or repatriate wealth outside the oversight of traditional global settlement institutions. The enforcement action centers on systematically targeting state-sponsored large-scale cryptocurrency exchange gateways that h

May 22 – Senior Analyst James Van Straten (@btcjvs) cited Checkonchain data in a social media post, indicating that since the launch of Bitcoin ETFs, Bitcoin’s long-term holder supply has surpassed 16.3 million coins, nearing an all-time high.

May 22: Per data from Arkham Monitor, Bitwise and 21Shares’ HYPE ETF saw a net inflow of $16.1 million yesterday. Separately, the Bitwise HyperLiquid ETF (BHYP) currently holds approximately $15.45 million in staked HYPE.