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Top Stories
FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.
Altcoin Season Could Heat Up in June and Drain Part of Bitcoin’s $2T Market Cap, Analyst Says
Joao Wedson, CEO of Alphractal, predicts a full-blown alt season in June, with BTC dominance already under pressure.
Bitcoin Boom Likely as Bond Yields Surge - Yes, You Read That Correctly
Elevated Treasury yields are driven by factors that are bullish for bitcoin.
Ether Nears $2.7K, Dogecoin Zooms 9% as Crypto Market Remains Cheery
Crypto market cap dips slightly, but positive sentiment and inflows persist amid bullish altcoin moves.
South Koreans Bet Big on XRP, Dogecoin as Easing Trade War Fuels Risk Taking
Korean crypto markets are experiencing a rally, influenced by a $1 billion short squeeze and improving geopolitical sentiment.
Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals
Panning out over just the last week shows a much bigger sign of institutional positioning on BTC, Deribit said.
Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison for Fraud
Mashinsky pled guilty to securities and commodities fraud charges last December.
In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market
The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.
MOG Coin Rallies as Elon Musk, Garry Tan Embrace ‘Mog/Acc’ Identity
The “mog/acc” is quickly gaining ground among everyone from Elon Musk to Garry Tan, a move that bumps the project’s visibility - and eventually prices.
Movement Labs Terminates Rushi Manche After MOVE Token Deals
It has yet to name a replacement or outline next steps for governance restructuring.
