US law firm files motion requesting redistribution of $344M USDt linked to Iran
In recent developments, law firm Gerstein Harrow LLP is attempting to claim frozen cryptocurrency funds for claimants of unrelated judgments stretching back decades. Looking closer, market participants highlight key drivers…
Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
In recent developments, while Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted. Looking closer, market participants highlight…
Ethereum analysts see ‘downside risks’ as bears eye 20% ETH price drop
In recent developments, ethereum analysts said that increasing supply on exchanges and declining ETF demand put ETH at risk of another leg down to $1,700. Looking closer, market participants highlight…
Why is Hyperliquid’s HYPE token price up 23% in a day?
In recent developments, fresh U.S. ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback. Looking closer, market participants highlight key…
US and Bolivia Target the ‘Modern Pablo Escobar’ in Massive Crypto Launde…
In recent developments, bolivia’s anti-drug czar, Ernesto Justiniano, and the director of the Bolivian Special Anti-Narcotics Force (FELCN), Frans William Cabrera Quispe, met with DEA officials to organize collaboration efforts.…
Borrowers Deserve Lenders Who Understand Bitcoin
In recent developments, humans love to tell stories. A good story explains something about the world we experience, while remaining accessible and easy to understand. And so it should not…
Strategy’s STRC hits record $1.5B trading volume
In recent developments, strategy has leaned on Stretch to fund Bitcoin buys over the past 12 months as funding through senior convertible notes and at-the-market equity offerings has tightened. Looking…
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
In recent developments, layerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Looking closer, market participants highlight…
Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
In recent developments, strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares…
UK politician Nigel Farage bought $1.8M house after a $6.7M crypto gift
In recent developments, the news follows growing calls from UK lawmakers and government officials to curb or temporarily ban crypto political donations in the country. Looking closer, market participants highlight…
