by Michael
Key TakeawaysThe index dropped to -0.085% on May 22, its monthly low, per Coinglass.Data shows institutional selling on Coinbase has intensified as macro uncertainty is driving hedging.Bitcoin traded at $74,500 at publication, down over 4% for the week, with $1.3B in...
by Michael
Key TakeawaysBitcoin fell below $77K on Friday evening as traders on Saturday now defend the $74K support zone.Chart data shows 13 moving average sell signals impacting bitcoin sentiment.Bitcoin bulls need to reclaim above $76.5K–$77.5K to weaken bearish momentum....
by Michael
Key TakeawaysSEC approved Nasdaq to list bitcoin index options on Phlx under ticker QBTC.Cash-settled QBTC contracts eliminate custody and assignment risks, broadening institutional bitcoin access.Trading cannot begin until the CFTC grants exemptive relief, as bitcoin...
by Michael
Key TakeawaysSix Chinese suspects fled to China by May 20, triggering an Interpol hunt by Windhoek High Court.The Raylon Investments scam cost international victims $267,800 via forced crypto fraud.Seven remaining defendants must return to Judge Christiaan’s Namibian...
by Michael
Key TakeawaysKraken secured preliminary VARA approval to expand crypto services in the UAE.Dubai’s crypto rules are attracting exchanges as global firms seek regulatory clarity.Kraken plans UAE staking, OTC, and derivatives services pending final approvals. Payward...
by Michael
Key TakeawaysBoerse Stuttgart’s Seturion platform partnered with 3 major financial firms to build European blockchain rails.The unified framework will slash transaction costs for flatexDEGIRO’s 3.5 million retail brokerage clients.Tokenized structured securities will...
by Michael
Key TakeawaysICE and OKX will launch perpetual Brent and WTI oil futures using ICE benchmarks.OKX expands beyond crypto as perp trading spreads into commodities and TradFi markets.ICE and CFTC are increasing focus on crypto-linked derivatives and perpetual oversight....
by Michael
Key TakeawaysFDIC staff said depositors associated with the digital asset sector and active escrow depositors were more likely to run.Uninsured exposure intensified pressure, with more than 99.5% of Signature active escrow balances uninsured.Wire activity showed how...
by Michael
Key TakeawaysBitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations.Sosovalue data showed $36.29M leaving spot bitcoin ETFs during Friday trading.Donald Trump warnings and Fed fears kept BTC below the $76K resistance zone. Bitcoin Loses Ground The...
by Michael
Key TakeawaysGhana passed the VASP Act of 2025 to regulate its fast-growing virtual asset and cryptocurrency sector.Over 3 million Ghanaians now use crypto, boosting fintech but posing fraud risks to the financial system.The Securities and Exchange Commission and the...
by Michael
Key TakeawaysHackers drained $700K in POL from Polymarket after compromising a 6-year-old internal private key.ZachXBT alerted users, but Polymarket confirmed all user funds remain fully safe.To prevent further incidents, Polymarket will next move all private keys to...
by Michael
Key TakeawaysWarsh officially became Fed chair after Powell’s transition and unanimous FOMC leadership selection.Senate confirmations secured Warsh’s chair term through 2030 and Board service through 2040.Crypto markets may track his bitcoin remarks linking BTC with... Translate »