On May 22nd, PancakeSwap reported significant improvements following the resolution of an issue related to the Binance Wallet Swap routing mechanism. The platform’s team identified a lag in Total Value
Bernard Arnault, CEO and chairman of luxury goods firm LVMH, has asked the European Union to reconcile with US President Donald Trump in the bloc’s ongoing trade negotiations with the US. Speaking before French lawmakers on Wednesday, the billionaire executive said European jobs and industries were at stake because of Washington’s tariff policies. Arnault, whose company is Europe’s most valuable company with a 243 billion euro market capitalization, made a plea to the French parliamentary hearing to speed up its diplomatic trade discussions with America. “ So far, things seem to me to be off to a relatively bad start ,” he said. “ For now, I am under the impression it’s not going well .” Trade deal could protect European jobs The luxury magnate stressed that it needs to be on good terms with the United States, because the West is LVMH’s largest market, and that a friendly relationship with President Trump is much better for the European economy. “The negotiations must be conducted constructively … and therefore with reciprocal concessions,” Arnault told senators. He mentioned the recent UK-US trade pact as an example of effective diplomacy, saying the British had “negotiated very well” for a relief from Trump’s trade tariffs. After months of deadlock, the EU has only recently begun negotiations with the United States. Trump’s administration had introduced a 20% reciprocal tariff on EU exports, which was later reduced to 10% until July 8 to allow time for the two sides to reach a consensus. President Trump and UK Prime Minister Sir Keir Starmer announced a bilateral trade agreement in mid-May. The deal granted the UK tariff-free steel exports to the US and a lower 10% levy on 100,000 cars exported annually to America. Luxury business suffers brunt of trade tensions The luxury goods business, largely based in Europe, has been facing months of headwinds from declining Chinese demand. According to Arnault, tariffs on exports to the US threaten to compound these difficulties. He told French lawmakers that without China, the European luxury industry would struggle because it has limited capacity to shift production to the United States. LVMH’s Hennessy brand has been hit by falling sales in both the US and China. The Chinese government has launched an anti-dumping probe targeting European liquor in retaliation for EU restrictions on Chinese electric vehicle imports. CEO Arnault claimed that if access to both the American and Chinese markets is lost, the consequences could be “catastrophic,” seeing that France’s cognac industry alone supports approximately 80,000 jobs. “We must do everything with Europe to prevent this. Because the day it happens, it will be too late,” he added. Bernard Arnault’s appeal to EU leaders carries added weight given his relationship with Donald Trump. The two have known each other for decades, and Arnault attended Trump’s inauguration in 2017. Earlier this year, the LVMH chairman disclosed that his company could expand manufacturing in the United States, though he reiterated that most luxury production would remain in Europe. Europe seeks US help in Russia-Ukraine war ceasefire Meanwhile, European leaders recently pledged to impose new sanctions on Russia following President Vladimir Putin’s refusal to agree to a ceasefire in Ukraine. The union is hoping Moscow concedes to President Trump’s demands for a trade agreement to ensue. On Monday, Trump spoke with Putin for two hours but failed to announce any new developments on the war. The POTUS only told reporters he was “confident” of resuming trade with Moscow once the conflict subsides. “ Russia wants to do large-scale TRADE with the United States when this catastrophic ‘bloodbath’ is over, and I agree ,” Trump posted on social media. He added that Ukraine “can be a great beneficiary on Trade in the process of rebuilding its Country.” KEY Difference Wire helps crypto brands break through and dominate headlines fast
Blockchain tracking firm Lookonchain says a trader is reaping handsomely after making a bet on a social finance (SocialFi) crypto project built in the Solana ( SOL ) ecosystem. According to Lookonchain, a trader pseudonymously known as E4Rued has booked a profit of 34,500% on a stash of Launch Coin on Believe ( LAUNCHCOIN ) acquired less than a month ago. “28 days ago, E4Rued withdrew approximately $10,000 from Binance to buy LAUNCHCOIN before it surged. Then sold all LAUNCHCOIN for $3.46 million and deposited the funds back into Binance.” Source: Lookonchain/X Launchcoin is trading at $0.248 at time of writing, up by 71,164% from the April 22nd low of $0.000348. The blockchain tracking firm is also highlighting another trader who has recorded massive gains on the Solana-based SocialFi crypto project in a little over three weeks. “A trader made more than $4 million with only $8,191 in just 22 days — a 500x return! After more than four months of inactivity, the trader suddenly withdrew 68.8 SOL from Binance 22 days ago and spent 54 SOL ($8,191) to buy 14.62 million LAUNCHCOIN — when its market cap was under $500,000.” Source: Lookonchain/X The current market cap of LAUNCHCOIN is a little over $239 million. Last week, when LAUNCHCOIN’s market cap was around two-thirds of the current level, Lookonchain highlighted a trader who made a 51,690% gain on the SocialFi altcoin. “This guy turned $9,075 into $4.7 million — a 515x return. Legend! A month ago, he spent $9,075 to buy 20.3 million LAUNCHCOIN, which is now worth $4.7 million. He can retire early now.” Source: Lookonchain/X Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Trader Books 346x Profit on Solana-Based Altcoin That’s Exploded 71,164% in a Month: Lookonchain appeared first on The Daily Hodl .
A new survey has revealed that even though cryptocurrency awareness in Singapore continues to rise, the number of…
Changpeng Zhao (CZ), the former CEO of Binance, the world's largest cryptocurrency exchange, made a new post after Bitcoin broke a record by exceeding $ 111,000. Explaining the point to be considered when investing in Bitcoin (BTC), CZ said that one should look at the annual chart of BTC, not the one-minute chart. CZ, in his post from his X account, said that he was sorry for those who sold Bitcoin at $77,000. CZ pointed out that Bitcoin has increased by over 40% from $77,000 and recommended looking at the annual chart instead of focusing on the one-minute chart when making sales or trading decisions in BTC. “I feel bad for those who sold Bitcoin at $77,000. Don't forget to look at the yearly chart instead of the 1-minute chart sometimes.” Feel sorry for those who sold at $77k. Remember to look at a yearly chart instead of a 1 minute chart once in a while. pic.twitter.com/zQScaM26oe — CZ BNB (@cz_binance) May 22, 2025 He had warned us before! CZ had recently shared a post about Bitcoin and altcoin investments. CZ stated that both investing in cryptocurrencies and not investing in them are risky and that investment decisions should be made after good research. Related News: Binance Founder CZ Warns About Bitcoin (BTC) and Altcoin Investments! *This is not investment advice. Continue Reading: Following the New Record in Bitcoin, Binance Former CEO CZ Posted a Post! "He Gave Gold Advice to BTC Investors!"
Record Bitcoin prices have been primarily driven by institutional investment in ETFs. BlackRock's IBIT fund led with significant capital inflow among various ETF products. Continue Reading: Massive Capital Flows into Bitcoin ETFs Drive Unprecedented Rally The post Massive Capital Flows into Bitcoin ETFs Drive Unprecedented Rally appeared first on COINTURK NEWS .
In a significant move within the crypto investment landscape, Brazilian publicly traded firm Méliuz has announced plans to repurchase approximately $26.5 million in Bitcoin. This strategy is part of their
A recent post by Crypto Researcher SMQKE outlines the current reasons why BlackRock, the world’s largest asset manager, has not yet filed for an XRP exchange-traded fund (ETF), despite clear market demand for such a product. According to Bloomberg Intelligence, the SEC’s ongoing uncertainty around classifying digital assets like XRP as either securities or commodities remains a critical roadblock. Why BlackRock Is Holding Off on an XRP ETF Filing BlackRock isn’t moving on an XRP ETF yet even though XRP is one of the most in demand altcoins for an ETF. Here’s why: 1. Short-Term Regulatory Uncertainty The SEC still hasn’t fully defined whether XRP and other… pic.twitter.com/JUKYeykjT4 — SMQKE (@SMQKEDQG) May 21, 2025 While a U.S. court has previously ruled that XRP itself is not a security, the SEC continues to delay ETF-related decisions, pushing several altcoin ETF filings, including XRP, into late 2025. This lack of regulatory clarity appears to be one of the most significant deterrents for BlackRock and other institutional players seeking to expand their ETF offerings. The SEC has postponed ETF decisions for a range of altcoins, including Solana, Litecoin, Hedera, Polkadot, and Dogecoin, with new deadlines now set for June or October 2025. Without a clear classification framework, even the most advanced ETF applications remain in a holding pattern. According to the analysis shared by SMQKE, BlackRock is likely waiting for definitive regulatory guidelines before committing to any XRP ETF initiative. Institutional-Grade Derivatives Still in Early Stages Another reason cited by SMQKE relates to the maturity of XRP’s derivatives market. Institutional investors typically rely on regulated derivatives such as CME futures to hedge risk and increase capital efficiency. Bitcoin and Ethereum both have a long-established record of trading on the CME, giving them a significant institutional advantage. In contrast, XRP only launched its CME futures product on May 19, 2025, with a first-day volume of $19 million. Although this launch marks a key milestone for XRP in becoming institutionally viable, Bloomberg Intelligence notes that XRP, along with other altcoins like BNB and Litecoin, still sits largely outside of deeply regulated derivatives markets and portfolio models. Institutions typically wait for prolonged, high-volume activity before allocating capital at scale. As a result, BlackRock may be holding back until XRP’s derivatives market demonstrates more consistent depth and engagement. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Liquidity and ETF Readiness Kaiko Research highlights that XRP is one of the most liquid altcoins, particularly when measured by average 1% market depth. XRP even surpassed Solana and doubled Cardano’s market depth since the end of 2024. This metric indicates strong potential for ETF viability. However, Kaiko also stresses that ETFs require not just liquidity, but consistent and scalable liquidity to accommodate significant institutional inflows and outflows. The SEC remains sensitive to this issue, and BlackRock is likely monitoring XRP’s liquidity over time before proceeding. Despite these limitations, XRP continues to lead in terms of investor interest. According to recent fund flow data, XRP was responsible for nearly $40 million in net inflows over a single week, offsetting Ethereum’s $26 million in outflows. Additionally, data from Eric Balchunas shows XRP and Solana are currently the most in-demand altcoins in ETF applications, with ten and six institutional filings, respectively. Strategic Resource Allocation and Market Timing SMQKE also notes that BlackRock may be focusing its resources on the success of its Bitcoin and Ether ETF products, which are already attracting significant capital inflows. With these offerings performing strongly, the firm may be prioritizing scale and stability over diversification into altcoin ETFs under uncertain conditions. Finally, BlackRock’s approach appears to be strategically timed. XRP and Solana lead ETF application activity, and BlackRock may be waiting to observe how the SEC handles these products before making its move. With XRP’s growing market depth, recent CME futures launch, and strong investor demand, conditions are gradually aligning in its favor. But until regulatory clarity improves and XRP’s institutional infrastructure matures further, BlackRock seems content to wait. As SMQKE concludes, BlackRock is not uninterested in an XRP ETF — it is simply waiting for the right convergence of regulation, market structure, and liquidity. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Researcher Shows Why BlackRock Isn’t Moving On An XRP ETF Yet appeared first on Times Tabloid .
A crypto whale has taken Hyperliquid by storm , placing a massive 40x leveraged long position on Bitcoin worth $1.13 billion , marking what appears to be the first billion-dollar trade on the decentralized exchange. The trader, going by “James Wynn” on X, now sits on an unrealized gain of $36 million, according to data from Hypurrscan. Using $28.4 million in margin spread across several trades, Wynn entered Bitcoin at an average price of $108,065. The bold move came close to a $16.3 million loss before the price surged past $110,000 on May 21, pushing the position safely above the liquidation level of $103,790. Early May 22 trading saw Bitcoin near $112,000, further securing the position. Wynn had started reducing some exposure when Bitcoin hovered around $106,000 on May 20, as noted by HyperDash data. Still, the majority of the long position remained active as prices climbed. Wynn has built a reputation as a high-risk trader and self-declared memecoin enthusiast, claiming to have spotted Pepe (PEPE) early when its market cap was just $600,000. Since joining Hyperliquid two months ago with a $4.65 million USDC deposit, Wynn has completed 32 trades, including leveraged bets on XRP, Trump (TRUMP), Fartcoin (FARTCOIN), and Toncoin (TON). Hyperliquid’s DEX runs on its own Layer 1 blockchain and also supports spot trading, lending, and borrowing, offering a full suite of DeFi services. The scale and audacity of Wynn’s trade have left the crypto world buzzing, with many praising his risk tolerance—while others question his sanity.
David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing. “We have every expectation now that it’s going to pass,” Sacks told CNBC on May 21, following a key procedural vote that saw 15 Democrats join Republicans to clear the filibuster threshold. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is the most advanced federal effort yet to establish a legal framework for dollar-pegged digital assets. Sacks said the bill could trigger “trillions of dollars” in demand for US Treasurys by unlocking stablecoin growth under clear rules. “We already have over $200 billion in stablecoins — it’s just unregulated,” he added. “If we provide legal clarity, we create enormous demand for Treasurys practically overnight.” Related: GENIUS Act ‘legitimizes’ stablecoins for global institutional adoption Stablecoin bill moves forward despite Trump controversy The stablecoin bill’s progress comes despite controversy surrounding the Trump family’s crypto dealings. Critics have raised concerns that the administration benefits from the legislation, given its ties to World Liberty Financial , a crypto firm backed by Trump family members that recently launched a stablecoin, USD1. The US Senate voted 66–32 to advance debate on the GENIUS stablecoin bill. Source: US Senate The token is backed by US Treasurys and dollar deposits and has received a $2 billion investment commitment from Abu Dhabi’s MGX fund via Binance. Sacks, who disclosed the sale of $200 million in crypto-related holdings before joining the White House, declined to comment on whether the president or his family may financially gain from the bill’s passage. Despite momentum, final passage is not guaranteed. Senator Josh Hawley has added a controversial provision to the bill that would cap credit card late fees, a move that could cost the legislation support from financial industry allies. Related: Hong Kong passes stablecoin bill, set to open licensing by year-end Banks panicking over yield-bearing stablecoins In a May 21 post titled “The Empire Lobbies Back,” New York University professor Austin Campbell said the US banking industry is “panicking” over the rise of yield-bearing stablecoins, which threaten their profit model. An excerpt of Campbell’s X post. Source: Austin Campbell Campbell criticized the banking lobby for pressuring lawmakers to defend their interests and block competition from interest-paying stablecoins . He argued that banks rely on fractional reserve practices to profit while offering low returns to depositors, and fear stablecoins may expose and disrupt that system. As reported by Cointelegraph , the US Securities and Exchange Commission in February approved the first yield-bearing stablecoin security by Figure Markets. According to a May 21 report from Pendle, yield-bearing stablecoins have soared to $11 billion in circulation since January 2024, representing 4.5% of the total stablecoin market. Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story