Strategy founder Michael Saylor has dropped a hint for another massive Bitcoin purchase. The incoming Bitcoin purchase is tipped to be a seismic announcement that can prop BTC prices from dipping below $105K. Michael Saylor Signals Massive Bitcoin Purchase Again Strategy is rolling up its sleeves to continue the streak of steady Bitcoin accumulation in the coming week. Michael Saylor, the company’s outspoken founder, has flashed the MicroStrategy Portfolio Tracker in an X post, the telltale sign for an incoming Bitcoin purchase. Michael Saylor has previously posted the portfolio tracker on the eve of every Bitcoin purchase. This is the sixth consecutive time Saylor is flashing the tracker with investors bracing for yet another institutional purchase. According to the tracker, Strategy holds 576,230 BTC valued at $62 billion at current prices. A week ago, Strategy acquired 7,390 BTC for $764 million, with the company showing no signs of tapering its… Read More at Coingape.com
US President Donald Trump announced plans to impose a 50% tariff on all goods imported from the European Union, effective from June 1. The announcement has caused some nervousness in the crypto market, as earlier bullish momentum has corrected.
The proposed tariffs come in response to what Trump described as persistent trade imbalances and regulatory barriers. He accused the EU of maintaining unfair trade practices that have harmed US businesses.
Long-Short Ratio Shows Market Confusion
Bitcoin dropped to $108,000 following the announcement, down from a session high of $111,000. It has since recovered to around $109,000 but remains under pressure. The overall crypto market is down 4% over the past 24 hours.
Data from Coinglass shows $64.13 million in crypto liquidations over the last four hours. Long positions accounted for $34.05 million, while short positions made up $30.09 million.
Bitcoin alone saw $24.4 million in liquidations, with Ethereum at $15.16 million.
Meanwhile, Bitcoin’s long-short ratio remains almost equal, which shows a short-term uncertainty in the market’s direction. Yesterday, Bitcoin long positions dominated the charts at 54%.
Bitcoin Long-Short Ratio Over the Past Month. Source: Coinglass
Solana, XRP, and several altcoins also experienced sharp volatility, reflecting heightened volatility across the board.
Analysts warn that the tariff announcement could be the start of broader economic disruption. European stock indices fell sharply, and US tech shares also faced selling pressure.
The trade war is back:
After a brief pause, Trump just threatened 50% tariffs on the EU beginning June 1st and 25% tariffs on Apple.
In 5 days, the S&P 500 has erased -$1.5 trillion of market cap.
What’s next? Here’s why you NEED to watch the bond market.
— The Kobeissi Letter (@KobeissiLetter) May 23, 2025
In crypto, the liquidation heatmap reflects a market caught between downward fear and upward retracement attempts.
The situation is fluid. If the tariff threat escalates into a full trade dispute, risk assets, including cryptocurrencies, may face additional headwinds. Traders are watching closely for any EU response or signs of negotiation.
In the past 24 hours, 162,419 traders were liquidated, totaling $567.65 million. While crypto has often acted as a hedge during traditional market stress, today’s moves show it is not immune to global policy shocks.
Volatility may persist as geopolitical uncertainty mounts.
Legacy financial institutions, from global banks to regulators have never been this pro-crypto until President Trump took office. In what can be termed as a seismic shift, global banking giants like Deutsche Bank and Standard Chartered are now planning to expand their presence in the U.S, according to a recent Wall Street Journal report.
Although the details are still unclear, the latest interest comes as traditional finance slowly shifts back toward crypto, especially after the collapse of FTX and the shutdown of key crypto-friendly banks. The rising client demands, new revenue opportunities, regulatory clarity and the banks’ urge to stay competitive in the ever evolving market could be driving this new interest.
Major Banks Seek Licenses
With Trump’s promise to make the U.S. “the crypto capital of the planet,” these banks seem more ready than ever to dive into the crypto world. The recent bills in Congress aim to regulate stablecoins requiring the issuers to secure banking licenses or charters. While some crypto firms are pursuing full banking licenses, while others want limited approvals just to issue stablecoins.
Several crypto firms including BitGo, Circle, Coinbase and Paxos are planning to apply for Bank Charters or licenses as they plan to expand their operations in the US.
Currently, Anchorage Digital is the only crypto company in the US with a federal Bank Charter. However, it has spent millions of dollars to comply with the regulatory requirements and is currently under investigation.
A recent Barron’s report reveals that the US Department of Homeland Security’s El Dorado Task Force has launched an investigation into Anchorage possibly over money laundering or financial crime concerns. Former employees have also been contacted as part of the probe. However, Anchorage has denied the claims saying that the report is just based on mere speculations.
Bank of America is also ready to issue its own stablecoin once there is legal clarity. Similarly, U.S. Bancorp has resumed its crypto custody services in partnership with NYDIG.
However, while KeyCorp CEO Chris Gorman recognizes the opportunity, he has decided to wait and evaluate to see how the space develops with the regulatory challenges.
The post Deutsche Bank, Standard Chartered Eye Crypto Comeback in the U.S. appeared first on Coinpedia Fintech News
Legacy financial institutions, from global banks to regulators have never been this pro-crypto until President Trump took office. In what can be termed as a seismic shift, global banking giants like Deutsche Bank and Standard Chartered are now planning to expand their presence in the U.S, according to a recent Wall Street Journal report. Although …
Circle, the issuer behind the USDC stablecoin, has frozen $57 million worth of USDC connected to the LIBRA team, according to on-chain data. The move, first reported by Aggr News on X, shows two transactions marked as “freezeAccount,” on the Solana blockchain. Circle’s USDC Transfer Halt Exposes Centralized Control Behind Stablecoins As Circle centralizes control over USDC, freezing the asset is an option built into the system. As a result, its control can be activated, when necessary, usually for law enforcement, sanctions or against suspected unlawful activity. So far, both Circle and other official sources have not explained why the freeze was put in place. These kinds of actions usually indicate that something is suspected by the authorities. Many cryptocurrency users still question how Circle can restrict access to users’ money. The blockchain supports security and follows regulations. However, many crypto fans dislike the changes the company makes to its… Read More at Coingape.com
