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Donald Trump announced on Monday that he wants to take $3 billion in federal funding from Harvard University and redirect it to trade schools across the US, calling it “a great investment” in a post on his Truth Social account. The president accused the school of being overrun by “radicalized lunatics” and said he’s waiting for Harvard to send over lists of international students so the government can figure out which ones shouldn’t be allowed back into the country. The statement came shortly after US District Judge Allison Burroughs, based in Boston, blocked a move by the Department of Homeland Security to cut Harvard off from the Student and Exchange Visitor Program (SEVP), a federal system that tracks foreign students. That ruling stopped the administration, for now, from stripping the university’s ability to legally enroll non-US students. Harvard had already filed a lawsuit to stop the action. In the legal complaint, the school said Trump’s administration was targeting around a quarter of its student body, referring to international students who, in their view, are essential to the school’s mission. In a statement posted on X, Harvard said, “Without its international students, Harvard is not Harvard.” Judge Burroughs issued the temporary restraining order on Friday, describing the federal attempt to revoke Harvard’s access to SEVP as both rushed and disruptive. The next court hearing is scheduled for May 29 in Boston. In a letter circulated to faculty and staff, Harvard President Alan Garber said, “We condemn this unlawful and unwarranted action,” adding that the decision was retaliation for Harvard’s refusal to give up control of its faculty, curriculum, and enrollment decisions to the government. Garber said, “The revocation continues a series of government actions to retaliate against Harvard for our refusal to surrender our academic independence.” That didn’t sit well with the White House. Abigail Jackson, the deputy press secretary, released a statement saying, “If only Harvard cared this much about ending the scourge of anti-American, anti-Semitic, pro-terrorist agitators on their campus, they wouldn’t be in this situation to begin with.” She later criticized the judge’s decision, accusing Burroughs of pursuing a “liberal agenda,” and added, “These unelected judges have no right to stop the Trump Administration from exercising their rightful control over immigration policy and national security policy.” By Friday, the Harvard campus had turned into a strange mix of calm and chaos. Classes were over for the semester, and tents were being set up on the quad for commencement ceremonies. But international students were scrambling. Many of them weren’t even sure if they were allowed to stay in the US or whether they’d be forced to leave immediately. Cormac Savage, a senior from Downpatrick, Northern Ireland, had just six days left before graduating with a degree in government and languages. He told reporters that he accepted a job in Brussels instead of staying in the US because of how uncertain everything had become. “You know that you’re fine if you’re still legally in the United States for the next 90 days,” Cormac said, “but you don’t know that you can come back and finish your degree. You don’t know if you can stay and work in the US if you’re about to graduate.” Rohan Battula, a junior from the UK, said he considered flying home but decided to stay on campus to avoid visa issues. He said, “I was worried if I went home, I wouldn’t get to come back.” His internship in New York starts in June, and the court order gave him some breathing room, but it didn’t remove the risk completely. “It’s surreal to think that even for some period of time you’re unlawfully staying in a country, just because you’ve been to university there,” Rohan said. For a group of international students gathered near the Charles River, relief swept in when they heard about Judge Burroughs’ ruling. But most knew the reprieve was temporary. Until May 29, no one’s certain whether they’re staying or getting kicked out. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Markets were hit with more uncertainty on Sunday after US President Donald Trump agreed to delay his proposed 50% tariffs on European Union goods. The White House confirmed that Trump made the decision after a call with European Commission President Ursula von der Leyen. Trump posted on social media that the EU had been “very difficult to deal with,” and made it clear he’s not happy with how talks have gone so far. On Monday, European stocks opened stronger after sliding on Friday, when Trump’s initial threat rattled investors. But analysts immediately warned that this delay changes nothing fundamental. The risk of a trade war between the world’s two biggest economic blocs is still alive, and markets aren’t convinced this pause means resolution. Ursula von der Leyen posted on X over the weekend, saying the EU was ready to “advance talks swiftly and decisively.” She added, “To reach a good deal, we would need the time until July 9.” An EU official, speaking to CNBC, allegedly said that European Trade Commissioner Maros Sefcovic would meet his American counterparts on Monday to restart the stalled negotiations. Holger Schmieding, Chief Economist at Berenberg, told CNBC’s Europe Early Edition that six weeks isn’t enough to work out the details, but it might be enough to sketch out a broad agreement. “It should be enough to get an agreement like the one between the US and the U.K.,” Holger said, suggesting a potential 10% tariff on all EU imports, minimal retaliation from Europe, and some final sector adjustments handled after July 9. But Holger warned that if Trump raises the rate to 20% or 30%, the EU would be forced to hit back. “The EU would have no choice” but to impose strong countermeasures, he said. Pharmaceutical exports and even services could be targeted. Holger said Trump’s negotiation style is “interesting” and described his approach as trying to shock the other party into submission. He doesn’t think it’ll work here. “The European Union is not a region which can be scared into just throwing in the towel,” Holger said. He reminded viewers that Europe has its own leverage and size. “We do matter in economic terms to the US quite a lot, not just vice versa,” he added. Guntram Wolff, Senior Fellow at Bruegel, also spoke to CNBC on Monday. He didn’t mince words. “This uncertainty is bad for business, it’s bad for consumers, and frankly, it’s an unnecessary step in the negotiations,” Guntram said. He pointed to one big problem: nobody really knows what Trump wants. “It’s very unclear what exactly the US President wants,” he said. “That’s the biggest obstacle at this stage.” Guntram said the EU has already made proposals and is waiting for Washington to respond. In comparing strategies, he noted that the U.K. gave in to Trump’s demands easily, while China escalated things to the point where the US eventually backed down. The EU, he said, is trying a middle strategy—neither caving nor provoking. “Europe sort of tries to take a middle path,” he said. He also pointed out that Europe has the capacity to retaliate, especially with its dominance in pharma and services, but has so far chosen not to. “But at the end of the day, that might not be enough now,” he warned. On the investor side, Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said the delay created a short burst of confidence but not enough to change the overall risk. “Looking ahead, the EU-US trade dance is a high-stakes tango, with July 9 as the next flashpoint,” Naeem wrote in an email to CNBC. He said the EU is offering phased tariff reductions and talks based on “mutual respect,” but Trump’s aggressive tactics could derail everything. Naeem said tech and industrial companies are most at risk and that markets will react sharply to any headline or tweet. “Markets will hang on every tweet and trade talk whisper, with investors betting on whether this delay is a genuine olive branch or just Trump reloading for a bigger tariff showdown,” said Naeem. His advice to investors was simple: “Buckle up; this ride’s far from over.” Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Trump Media Group denies it’s raising $3B for crypto buys: Report The Trump Media and Technology Group told the Financial Times that “dumb writers” were behind a report citing six sources that it was planning to raise $3 billion to buy crypto. Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, has rebuffed a report that it’s planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies. The Financial Times reported the company’s plan on May 26, citing six people briefed on the matter, but Trump Media told the outlet that, “apparently the Financial Times has dumb writers listening to even dumber sources.” Trump Media did not immediately respond to Cointelegraph’s request for comment. Trump Media implements the reported plan, it would position the company to follow the footsteps of crypto-buying companies like Strategy. The Financial Times reported that Trump Media was planning to issue $2 billion in equity and $1 billion in convertible bonds, a type of asset that can be converted into equity at a later date and that the size of the raise may change. The equity was expected to be sold at market price as of the close on May 23. On that day, shares of Trump Media (DJT) closed at $25.72, marking a 4.6% increase on the day. Trump Media’s market capitalization was $5.7 billion as of May 23.

Ethereum (ETH) is on the edge of a significant breakout, fueled by growing whale activity and a promising technical setup. As of Monday, Ethereum was trading around $2,545 roughly 7% below its monthly high. However, on-chain data and technical indicators suggest a bullish shift may be imminent. Large holders, or "whales," have been steadily accumulating $ETH . Data show these whales now hold 103.5 million ETH, up from 102 million on March 1. This 1.5% increase is a notable bullish signal, indicating that influential market participants are positioning for upside. Ethereum's broader ecosystem is also showing strength. The total value locked (TVL) in Ethereum-based protocols has surged by 26% over the past 30 days, now exceeding \$132 billion. Bridged TVL assets locked in cross-chain contracts has soared to over $408 billion, outpacing other chains like Solana ($22.48B) and BNB Chain ($9.3B) by a wide margin. Ethereum ETFs are contributing to this momentum with reliable data showing that ETFs have recorded six consecutive days of inflows, with total inflows hitting $2.76 billion interest. From a technical standpoint, Ethereum has rebounded strongly from April’s low of $1,382. The price has formed a bullish flag pattern, marked by a steep rally followed by sideways consolidation. ETH currently trades between the 38.2% and 50% Fibonacci retracement levels. A golden cross, a bullish signal is nearing as the 50-day and 200-day Weighted Moving Averages approach convergence. Moreover, $ETH is holding above a key pivot zone identified by the Murrey Math Lines tool. If Ethereum clears the $2,730 resistance level, it could confirm a breakout and target the psychological level of $3,000 an 18% climb from current prices.

CoinShares: Digital asset investment products saw net inflows of $3.3 billion last week CoinShares released its latest weekly report, saying that last week, digital asset investment products recorded an inflow of $3.3 billion, bringing the cumulative inflow over the past six weeks to $10.5 billion. Net inflows so far this year (YTD) have hit a new high of $10.8 billion.