Trump Meets with Powell for the First Time Since 2019
Federal Reserve Chairman Powell met with President Trump at the White House for the first time since being invited by the president. The meeting covered topics such as economic growth, employment, and inflation. This was their first meeting since November 2019. Powell emphasized that monetary policy would be data-driven and remain independent of political considerations. Trump expressed dissatisfaction with the Fed’s decision not to lower interest rates, calling it a mistake and stating that he believes it puts the US economy at a disadvantage.
US Treasury Secretary Janet Yellen: Several Important Trade Agreements Nearly Finalized
US Treasury Secretary Janet Yellen reported that trading partners are cooperating with us in good faith and that their stance has not changed in the last 48 hours. It was stated that several major agreements are about to be signed.
The Trump administration is considering imposing tariffs of up to 15% for a period of 150 days.
According to The Wall Street Journal, the Trump administration in the US is considering a measure that would allow tariffs of up to 15% to be imposed for 150 days. Trump responded to recent court rulings on trade policies, stating that the US International Trade Court had issued an extremely negative ruling against tariffs that are urgently needed for the US.
Federal Reserve’s Daly
Federal Reserve’s Daly stated that if the labor market remains strong and the inflation rate declines, two interest rate cuts this year would be reasonable, but emphasized that the potential risk range remains significant.
Federal Appeals Court Decision Temporarily Suspended
According to The Wall Street Journal, on May 29, 2025, the Federal Appeals Court temporarily suspended the decision made by the International Trade Court the previous day. The court had ruled that the broad-based tariffs imposed by the Trump administration under the 1977 International Emergency Economic Powers Act (IEEPA) were invalid due to a lack of authorization.
U.S. Vice President J.D. Vance
U.S. Vice President J.D. Vance expressed support for Bitcoin and cryptocurrencies at the Bitcoin Conference in Las Vegas, describing them as “true bottom-up innovations” that improve the lives of their owners and users. He emphasized that decentralized finance (DeFi) promotes financial inclusion for those who cannot access banking services and stated that he sees cryptocurrencies as a means of protection against government mismanagement, inflation, and political oppression.
UK Reform Party Leader Farage: I Will Establish a Bitcoin Reserve If Elected
According to CoinDesk, UK Reform Party leader Nigel Farage stated at the Bitcoin conference in Las Vegas that if elected prime minister, he would establish a Bitcoin reserve at the Bank of England and enact crypto-friendly laws.
SEC Commissioner Peirce: Crypto Investors Should Grow
Hester Peirce, chair of the SEC’s crypto working group, said at the Bitcoin 2025 conference that investors should not expect government assistance when they lose money. “If you want free choice, you have to be willing to learn from your mistakes,” Peirce said, adding that most crypto tokens are not securities and therefore do not need to register with the SEC.
Silk Road Founder Ross Ulbricht: Decentralization and Unity Are the Foundations of Freedom
CoinDesk reported that Ross Ulbricht, the founder of the dark web marketplace Silk Road, delivered an opening speech at the Bitcoin 2025 conference in Las Vegas. This was his first public appearance since being pardoned by President Trump in January and released from prison.
Ulbricht emphasized the importance of three core principles: freedom, decentralization, and unity. He noted that the support of the crypto community made his freedom possible and expressed his amazement at the technological advancements he has witnessed over the past four months, particularly innovations in decentralized finance (DeFi), Web3, and artificial intelligence (AI).
Twenty-One Capital Raises $685 Million, Merges with NASDAQ-Listed Company
Twenty-One Capital, which operates in the Bitcoin vault sector, secured a new investment of $100 million through convertible bonds, bringing its total funding to $685 million. The company is preparing to go public by merging with Cantor Equity Partners, a NASDAQ-listed firm. The merger is led by Brandon Lutnick, the son of Cantor’s former chairman, with investors including Tether and iFinex. Strike CEO Jack Mallers will become CEO after the merger. The company announced earlier this month that it had spent $458 million on Bitcoin.
Paris Saint-Germain Announces Bitcoin Inclusion in Financial Reserves
According to The Block, French football giant Paris Saint-Germain (PSG) has announced that it has included Bitcoin in its financial reserves. PSG Labs President Pär Helgosson stated that the club began purchasing Bitcoin last year and still holds it. PSG has converted part of its fiat currency reserves into Bitcoin and continues to invest in this direction. The club plans to invest in Bitcoin initiatives and support the growth of these projects with its 550 million global fan base.
Tether CEO: We Could Be the World’s Largest Bitcoin Miner by Year-End
According to Bitcoin Magazine, Tether CEO Paolo Ardoino revealed that the company has invested $2 billion in its energy infrastructure so far, with most of that amount directed toward Bitcoin mining. Ardoino predicts that Tether will become the world’s largest Bitcoin miner by year-end. The company also introduced its own artificial intelligence platform, QVAC, and announced that it will launch a Bitcoin-first wallet project in collaboration with Rumble.
Michael Saylor: Adding Bitcoin to the Balance Sheet Offers a 90% Chance of Success
According to Cointelegraph, MicroStrategy founder Michael Saylor stated at the Bitcoin 2025 conference, “If you add Bitcoin to your balance sheet, you have a 90% chance of success within five years.”
US SEC Clarifies That Three Types of PoS Staking Activities Are Not Securities
The SEC stated in its official announcement that three types of staking activities on PoS (Proof of Stake) networks do not constitute securities:
- Individual staking with one’s own crypto assets
- Third-party staking without custody, where the asset owner retains control
- Compliant custodial staking where customer assets are segregated and not used operationally
The statement emphasized that rewards are earned as compensation for verification services, not through the efforts of others. In contrast, staking services offering fixed returns were excluded from this scope.
Telegram Issues $1.7 Billion Convertible Bond
According to Bloomberg, Telegram issued $1.7 billion in convertible bonds to refinance $955 million in debt maturing in 2026 and secure $745 million in new financing. The interest rate was set at 9%. The company’s user base has surpassed 1 billion, with 2024 revenue expected to exceed $1 billion and cash reserves exceeding $500 million.
India May Publish Discussion Paper on Crypto Asset Regulations in June
According to Bitcoin.com, India plans to publish a comprehensive discussion paper on the regulation of crypto assets in June. The paper will be based on recommendations from the IMF and the Financial Stability Board (FSB). The Indian government has stated that it will make decisions on regulations based on broad stakeholder participation and analysis of the global framework. The Reserve Bank of India (RBI) is cautious about cryptocurrency due to the risk of money laundering and is promoting its own CBDC as a controlled alternative.
Metaplanet CEO: Bitcoin Will Rise to 1 Million USD
Simon Gerovich, CEO of the publicly traded Japanese company Metaplanet, shared a photo with Michael Saylor, founder of Strategy, on the X platform, stating, “Bitcoin will rise to 1 million USD.”
Net Outflow of $359 Million from Bitcoin Spot ETFs, 10-Day Inflow Streak Ends
According to SoSoValue data, there was a net outflow of $359 million from Bitcoin spot ETFs. However, BlackRock’s IBIT ETF stood out with a single-day net inflow of $125 million. IBIT’s total net inflow reached 49 billion dollars.
91.93 Million Dollars in Net Inflows into Ethereum Spot ETFs, 9-Day Uptrend Continues
Ethereum spot ETFs saw a net inflow of 91.9299 million dollars. The highest daily inflow came from BlackRock’s ETHA ETF at 50.4452 million dollars. ETHA’s total net inflow reached 4.535 billion dollars. The second-place Fidelity ETF FETH reached 1.512 billion dollars with an inflow of 38.307 million dollars.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.
