Bitcoin Falls to $71,000 as US-Iran Negotiations Fail and Hormuz Blockade Looms
Bitcoin Falls to $71,000 as US-Iran Negotiations Fail and Hormuz Blockade Looms Read More »
According to data source Arkham, bankrupt crypto exchange FTX’s sister company, Alameda Research, “unlocked” approximately $16 million worth of SOL token from Solana and moved it to an address tied to creditor repayments. Release refers to the process of removing crypto assets that were previously locked into a proof-of-stake (PoS) network to help secure the
Alameda transfers $16 million into Solana’s SOL token for possible payments to creditors Read More »
WLFI$0.07907 escalated his dispute with Justin Sun into a potential legal battle Sunday evening, as tensions over his recent loan to a connected DeFi project escalated into a public showdown. “Does anyone still believe @justinsuntron?” the project wrote about X. “We have the contracts. We have the evidence. We have the truth. See you in
Strategy co-founder Michael Saylor signaled an imminent Bitcoin purchase on Sunday, posting “think bigger” alongside the company’s BTC acquisition tracker that has preceded every major purchase since 2020. The company has made 105 bitcoin purchases since it began accumulating in August 2020. The most recent, on April 6, added 4,871 BTC for $329.8 million. Total
For years, the conversation about fan tokens in the United States has followed a familiar and frustrating pattern. The leaders of major sports franchises were interested. Their fans were curious. The technology was ready. But without clear regulatory guidance on how fan tokens would be classified under U.S. law, the risk of launching a program
How US Sports Teams Can Launch Their Fan Token Strategies Now Read More »
Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s sports or politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said. You’re reading
DeFi protocol ZeroLend’s decision to shut down after three years in February, citing low margins, hacks and inactive chains, struck a tone that the market now recognizes. Another reminder that the industry’s initial optimism has given way to a much more demanding reality. Zeroland is not alone. Several DeFi protocols and adjacent crypto platforms were
DeFi’s disruption is a stress test, not a death sentence Read More »
The crypto industry’s new political action committee, Fellowship, disclosed its first contribution ahead of the 2026 congressional midterm elections, and the $300,000 spent went to a company co-founded by President Donald Trump’s former crypto advisor Bo Hines, now chief executive of Tether US. The Fellowship super PAC had billed itself as a crypto campaign finance
Tether-Linked Super PAC Makes First Ad Buy From Company Founded by Tether’s U.S. CEO Read More »
Crypto prices are under renewed pressure on Sunday morning in the United States after President Trump announced a blockade of the Strait of Hormuz. “Effective immediately, the United States Navy… will begin the process of blockading all vessels attempting to enter or exit the Strait of Hormuz,” the president said in a message on social
BTC adds to weekend losses following Trump blockade order Read More »
Jurrien Timmer, director of global macro at Fidelity Investments, calls the current market environment a “new rat race,” where each week seems to have stranger headlines than the last. Yet despite the volatility, his main message is that the situation is not as dire as it might appear, and he remains relatively constructive on the
