Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated
Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.
Financial
May 2025
Financial
The Spectre of Sam Bankman-Fried Overshadowed Caroline Ellison’s Sentencing
Even though the FTX founder was not a part of last week’s proceedings, his role in the Alameda CEO’s life loomed large.
Bitwise Takes a Step Toward XRP ETF
Ripple’s XRP barely budged after the Delaware filing was confirmed.
Financial
Tether’s USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
Ardoino said there’s more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
Financial
Diddy Hires Sam Bankman-Fried’s (New) Lawyer
The unlikely pair already share a cell. Now they share a lawyer.
Financial
Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion
The trading app will let customers deposit and withdraw over 20 cryptocurrencies, including bitcoin, ether, solana and USD coin.
Financial
Crypto Winter-Era Seed Startups Mostly Persist Despite Tumult and Crisis
But fundraising difficulties and product-market-fit issues may imperil their future, according to a report from Lattice VC.
Financial
Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Financial
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410k
The amount of bitcoins on OTC desks has doubled over the past five months to the highest level since May 2022.
Financial
‘Is Daddy on the Airplane?’ Jailed Binance Exec Gambaryan Family’s Ordeal in New Podcast
U.S. Rep. Rich McCormick, the congressman from Gambaryan’s district, alleged in the “Designated” podcast that Nigeria is holding him as a “hostage” and argued that all of America’s cards “should be on the table.”