FTX Users Describe ‘Emotional Toll’ From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried’s Sentencing
Bankman-Fried will be sentenced later this month.
Financial
May 2025
Financial
Bitcoin Flash Crashed to $8.9K on BitMEX
Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.
Financial
BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever
Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling
Financial
SEC Committed ‘Gross Abuse of Power’ in Suit Against Crypto Company, Federal Judge Rules
The regulator will be required to hisse attorneys’ fees for the defendants.
Financial
Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%
The asset manager filed to launch an ethereum fund in November.
Financial
Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO
The current CEO Michael will step down “to pursue other opportunities.”
Financial
Tether’s USDT Gets Delisted on Crypto Exchange OKX for EU Users
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.
Financial
FTX Claims Holder Attestor Takes Creditor to Court Over Alleged ‘Seller’s Remorse’
The London-based firm says the creditor promised to fork over two FTX accounts, only to back out of the deal after the value of its claims skyrocketed.
Financial
Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024
The Fidelity Wise Origin Bitcoin Fund has attracted $6.9 billion from investors since its launch in January, the fifth-highest amount of all exchange-traded funds.
Financial
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the “real test” for what’s next for the largest crypto asset’s price, Markus Thielen wrote.