Key Takeaways: Binance moves to dismiss FTX’s $1.76B lawsuit, calling it “legally deficient” and blaming FTX’s internal fraud. The lawsuit stems from a 2021 buyback deal, with FTX alleging misuse of customer funds. Binance defends CZ’s 2022 tweet as a reaction to public reports, not an act of market manipulation. Binance has formally responded to […]
When it comes to crypto investing, both entry point and timing can dramatically shape long-term outcomes. BlockDAG’s $258 million presale has drawn attention for good reason, but it’s the temporary price freeze that makes this moment uniquely compelling. While the current batch price is set at $0.0262, buyers can still lock in the discounted $0.0020 […]
Bitcoin (BTC) went through a roller coaster of price action today, which took it past the $107,000 mark, only to pull back sharply to settle near $105,220. The rapid swings in price triggered a liquidation event in the futures market, with over $138 million in long and short positions vaporized in just a few hours. […]
As the market rally continues, investor sentiment appears to be increasingly positive. This is seen in the way traders move and store their assets. Data analyzed by the market intelligence platform Santiment revealed that the supply of bitcoin (BTC) and ether (ETH) on crypto exchanges has hit multi-year lows. While this development does not guarantee […]
Market seeing bullish activity comeback as bears get liquidated unexpectedly
The U.S. Securities and Exchange Commission (SEC) on Wednesday charged cryptocurrency company Unicoin and three of its top executives, …
As Ethereum (ETH) continues to hover around the $2,500 mark, signs of market exhaustion are beginning to emerge. Analysts suggest the second-largest cryptocurrency by market cap could face a short-term pullback before attempting to break through higher resistance levels. Ethereum Showing Signs Of Overheating According to a CryptoQuant Quicktake post by contributor ShayanMarkets, ETH is […]
A crypto strategist who nailed the Bitcoin top in January is warning that BTC’s recovery rally may witness an abrupt end. Pseudonymous analyst Bluntz tells his 318,200 followers on the social media platform X that Bitcoin appears to be forming a bearish divergence on the daily chart. The bearish reversal signal suggests that bullish momentum […]
StraitsX has launched its MAS-regulated stablecoin XSGD on the XRP Ledger to enable faster, low-cost cross-border payments, as part of a broader multi-chain expansion strategy. The move marks the first phase of a larger partnership with Ripple aimed at building institutional-grade digital infrastructure focused on tokenisation and real-time financial services. Payment infrastructure firm StraitsX has […]
A Victorian magistrate ruled that Bitcoin is more like money than an asset, meaning it may not be subject to capital gains tax (CGT), a direct challenge to the ATO’s stance since 2014. Experts caution that the ATO hasn’t changed its position, and taxpayers shouldn’t expect refunds or alter their tax filings until higher courts […]
We’re excited to announce our launch of regulated crypto derivatives in Europe, providing our clients and partners with access to a full suite of liquid futures instruments – all within a recognized regulatory framework. Eligible clients and partners in the European Economic Area (EEA) can now trade a broad range of crypto derivatives, including both […]
Robert Kiyosaki warns the U.S. credit downgrade could ignite economic collapse, making bitcoin, gold, and silver essential shields against a failing financial system. Robert Kiyosaki Recommends ‘Saving Real Gold and Silver and Today Bitcoin’ Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in on the recent downgrade of U.S. debt […]
New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.” “This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want […]
Bitcoin Magazine Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense Today, New York City hosted its first ever crypto summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York. […]
Key Takeaways: JPMorgan now allows clients to buy Bitcoin—but won’t provide custody or hold crypto directly. CEO Jamie Dimon remains critical of crypto, yet supports clients’ freedom to invest in it. This decision comes after U.S. spot Bitcoin ETFs had raised $42 billion since they started in January 2024. JPMorgan Chase, the biggest bank in […]
The U.S. Senate voted Monday to advance the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), a bill aimed at regulating stablecoins, following a 66-32 procedural vote. The legislation, introduced by Sen. Bill Hagerty (R-Tenn.), seeks to establish a federal framework for stablecoin issuers, requiring full asset backing, monthly reserve disclosures, and […]
Tornado Cash founder Roman Storm’s legal team is accusing the government of withholding information from the court. Storm was arrested in 2023 and slapped with charges related to allegedly laundering $1 billion in criminal proceeds, including hundreds of millions of dollars for the Lazarus Group, the sanctioned North Korean cybercriminal outfit. The Tornado Cash founder […]
Traders show renewed confidence in Bitcoin, driving futures open interest to $74 billion
Binance has asked a Delaware court to throw out a $1.76 billion clawback lawsuit filed by the FTX estate, arguing that the now-bankrupt crypto exchange is targeting the wrong party. According to the court documents, Binance says FTX’s collapse stems from internal fraud, not any action it or former CEO Changpeng Zhao took, and that […]
Fishman said he's been using Coinbase — a popular cryptocurrency exchange accessible through desktop and cell phone apps — for approximately seven …
Dogecoin slipped 7% early this week, wiping out much of its gains from last Friday. But a pair of chart watchers say the pullback could be brief. According to analysis from Jake Wujastyk, the meme token is poised for a sharp climb once key levels hold. Based on reports from fellow analyst Bitcoinsensus, there’s even […]
Three crypto projects are seeing strong activity right now: Trump Coin (TRUMP), Arbitrum (ARB), and Web3 ai ($WAI). TRUMP is getting attention after a large $52.66 million move into liquidity pools, while Arbitrum is showing signs of a major price rally in 2025. Both coins are building short-term momentum fast. At the same time, Web3 […]
In a world where many crypto launches talk big but deliver little, Unstaked is making its mark differently. Moving from Stage 1 to Stage 13 faster than most projects, and raising $6.3 million on the way, it’s quickly becoming one of the standout stories of the year. Now with $UNSD priced at $0.009267, it’s earning […]
The upcoming week in the crypto market promises to be a momentous one, with over $1 billion in token unlocks set to take place—this underscores the increasing complication and sophistication of the token economy. By using Tokenomist’s classification framework to aggregate data, this was revealed. Incsider tokens make up about 8% of this category—these are […]
SUN – which is a platform for swap, yield farming, and self-governance on Tron – has firmly retained its position as the second-largest protocol by total value locked (TVL) on the blockchain. It is currently trailing only behind the lending giant JustLend. With approximately $985 million locked in, SUN accounts for a significant share of […]
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation […]
Strategy is facing a class action lawsuit alleging it misled investors about risks tied to its Bitcoin strategy and the impact of new fair-value accounting rules. The lawsuit follows a reported Q1 loss of USD 4.22B, which the plaintiff claims was foreseeable under the accounting shift Strategy promoted as beneficial but downplayed for volatility. Despite […]
Ethereum is gaining momentum with crypto investment products seeing US$785 million in net inflows last week, driven by ETH’s 4.2% rally and pushing the price above US$2.5k. Ethereum has received US$757 million in year-to-date inflows, making it the network with the second-most flows behind Bitcoin but ahead of XRP according to CoinShares data. The positive […]
Bybit exchange has announced the launch of direct trading for top global stocks using USDT. This new feature, part of Bybit’s expanding Gold & Forex (MT5) product suite, allows users to trade 78 popular Contracts for Difference (CFDs), including Apple, Tesla, Meta, Nvidia, and Amazon, without the need for fiat onboarding. This provides traders with […]
Robinhood has submitted a 42-page proposal to the U.S. Securities and Exchange Commission (SEC) requesting regulatory clarity on the tokenization of real-world assets (RWAs) and its potential application to on-chain stock trading. According to a Forbes report, the proposal, filed with the SEC’s Crypto Task Force, outlines a framework for compliant issuance, custody, and trading […]
China hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their business with a controversial China-based electric car battery firm. Last month, John Moolenaar (R-Michigan), the chair of the House Select Committee on the Chinese Communist Party, wrote to the CEOs of both banks […]
Bitcoin Magazine Strategy Buys $765 Million Worth of Additional Bitcoin Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption. The business intelligence firm purchased the Bitcoin at an […]