Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Financial
May 2025
Financial
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
Financial
Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
The body will act as a bridge between the private sector and the government in supervising the industry.
Financial
Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
Financial
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
Financial
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
Financial
Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors
Connie Shoemaker currently serves as the COO and CFO of asset management firm Bridgewater Associates’ parent company.
Financial
U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to hisse $4.5 billion in disgorgement, prejudgment interest, and civil penalties
Financial
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Financial
Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market
SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.