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Bitcoin Struggles Near $76,800 as ETF Outflows Continue to Pressure Markets
Bitcoin traded near $76,800 on Tuesday as continued ETF outflows and macroeconomic uncertainty kept crypto market sentiment cautious. Analysts said easing oil prices and stabilising support levels helped limit downside pressure, though investors remain defensive ahead of upcoming US inflation and Federal Reserve triggers.
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FTX Law Firm Fenwick & West Agrees to $54 Million Settlement With Customers
Fenwick & West LLP, the law firm that advised collapsed crypto exchange FTX, has agreed to pay $54 million to settle a class action lawsuit filed by former users. The firm was accused of helping FTX conceal the misuse of customer funds and facilitating legal structures tied to the exchange’s operations.
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Bitcoin Recovers Above $77,300 as Easing Geopolitical Tensions Drive Crypto Market Recovery
Bitcoin traded near $77,300 on Monday as improving geopolitical sentiment helped crypto markets recover from recent volatility. Analysts said easing oil prices and stabilising macro conditions supported the rebound, though ETF outflows and upcoming US inflation data continue to keep traders cautious.
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Iran Using "Disposable" Operatives For Attacks In West, US: Report
The case centres on 32-year-old Iraqi national Mohammed Saad Baqer al-Saadi, who US authorities say is a senior commander in the Iran-backed militia Kataib Hezbollah.
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Bitcoin Price Rises Above $81,000, Buoyed With Optimism Over US CLARITY Act
Bitcoin traded near $81,000 on Friday as optimism around the US CLARITY Act improved sentiment in the crypto market. Analysts said hopes of clearer digital asset regulation and improving risk appetite supported Bitcoin’s move above $82,000 despite recent ETF outflows.
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Bitcoin Slips Below $80,000 as Inflation Data Weighs on Crypto Market Sentiment
Bitcoin traded near $79,800 on Thursday as stronger-than-expected US inflation data and ETF outflows weighed on sentiment in the crypto market. Analysts said traders remain cautious as Bitcoin struggles near key resistance levels while macroeconomic uncertainty continues to pressure risk assets.
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JPMorgan Plans to Launch Tokenised Money Market Fund on Ethereum for Stablecoin Issuers
JPMorgan plans to launch the OnChain Liquidity-Token Money Market Fund on Ethereum for stablecoin issuers. The fund, managed by Kinexys Digital Assets, will invest in Treasury bills and overnight repurchase agreements secured by US Treasurys or cash.
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Trump's Truth Social Parent Reports $400 Million Loss As Crypto Values Fall
Trump Media & Technology Group (TMTG) reported revenue of less than $1 million for the three months ending March 31, according to a company filing.
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What Is US Clarity Act? What It Means For Bitcoin, Crypto, Investors
The US Clarity Act proposes registration frameworks for crypto businesses so they can legally operate under a defined compliance system.
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Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption
Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut...
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US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
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Nine Crypto Scam Centres Targeting US Users Shut Down in Joint Operation Involving UAE, US and China
A joint operation involving authorities from the UAE, the US, and China led to the shutdown of nine crypto scam centres and the arrest of 276 individuals. The crackdown targeted fraudulent investment platforms and cross-border money laundering activities linked to crypto scams.
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Bitcoin Slips Below $75,600 as US Fed Holds Rates Steady, ETF Demand Weakens
Bitcoin traded near $75,600 on April 30 after the US Federal Reserve kept rates unchanged and flagged inflation risks. ETF outflows and macro uncertainty weighed on sentiment, with analysts saying the market remains range-bound.
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US Judge Rejects Former FTX CEO Sam Bankman-Fried’s Bid for New Trial
A US federal judge has denied Sam Bankman-Fried’s request for a new trial, stating that the motion lacked new evidence. The development comes as the former FTX CEO continues to pursue legal remedies following his conviction in one of the largest crypto fraud cases.
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Bitcoin Remains Range Bound Ahead of US Fed Decision and ETF Outflows
Bitcoin traded near $77,300 on Wednesday as investors stayed cautious ahead of the US Federal Reserve decision. ETF outflows and macro uncertainty weighed on sentiment, while analysts say the market remains range-bound between key support and resistance levels.
-
Bitcoin Struggles Near $76,800 as ETF Outflows Continue to Pressure Markets
Bitcoin traded near $76,800 on Tuesday as continued ETF outflows and macroeconomic uncertainty kept crypto market sentiment cautious. Analysts said easing oil prices and stabilising support levels helped limit downside pressure, though investors remain defensive ahead of upcoming US inflation and Federal Reserve triggers.
-
FTX Law Firm Fenwick & West Agrees to $54 Million Settlement With Customers
Fenwick & West LLP, the law firm that advised collapsed crypto exchange FTX, has agreed to pay $54 million to settle a class action lawsuit filed by former users. The firm was accused of helping FTX conceal the misuse of customer funds and facilitating legal structures tied to the exchange’s operations.
-
Bitcoin Recovers Above $77,300 as Easing Geopolitical Tensions Drive Crypto Market Recovery
Bitcoin traded near $77,300 on Monday as improving geopolitical sentiment helped crypto markets recover from recent volatility. Analysts said easing oil prices and stabilising macro conditions supported the rebound, though ETF outflows and upcoming US inflation data continue to keep traders cautious.
-
Iran Using "Disposable" Operatives For Attacks In West, US: Report
The case centres on 32-year-old Iraqi national Mohammed Saad Baqer al-Saadi, who US authorities say is a senior commander in the Iran-backed militia Kataib Hezbollah.
-
Bitcoin Price Rises Above $81,000, Buoyed With Optimism Over US CLARITY Act
Bitcoin traded near $81,000 on Friday as optimism around the US CLARITY Act improved sentiment in the crypto market. Analysts said hopes of clearer digital asset regulation and improving risk appetite supported Bitcoin’s move above $82,000 despite recent ETF outflows.
-
Bitcoin Slips Below $80,000 as Inflation Data Weighs on Crypto Market Sentiment
Bitcoin traded near $79,800 on Thursday as stronger-than-expected US inflation data and ETF outflows weighed on sentiment in the crypto market. Analysts said traders remain cautious as Bitcoin struggles near key resistance levels while macroeconomic uncertainty continues to pressure risk assets.
-
JPMorgan Plans to Launch Tokenised Money Market Fund on Ethereum for Stablecoin Issuers
JPMorgan plans to launch the OnChain Liquidity-Token Money Market Fund on Ethereum for stablecoin issuers. The fund, managed by Kinexys Digital Assets, will invest in Treasury bills and overnight repurchase agreements secured by US Treasurys or cash.
-
Trump's Truth Social Parent Reports $400 Million Loss As Crypto Values Fall
Trump Media & Technology Group (TMTG) reported revenue of less than $1 million for the three months ending March 31, according to a company filing.
-
What Is US Clarity Act? What It Means For Bitcoin, Crypto, Investors
The US Clarity Act proposes registration frameworks for crypto businesses so they can legally operate under a defined compliance system.
-
Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption
Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut...
-
US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
-
Nine Crypto Scam Centres Targeting US Users Shut Down in Joint Operation Involving UAE, US and China
A joint operation involving authorities from the UAE, the US, and China led to the shutdown of nine crypto scam centres and the arrest of 276 individuals. The crackdown targeted fraudulent investment platforms and cross-border money laundering activities linked to crypto scams.
-
Bitcoin Slips Below $75,600 as US Fed Holds Rates Steady, ETF Demand Weakens
Bitcoin traded near $75,600 on April 30 after the US Federal Reserve kept rates unchanged and flagged inflation risks. ETF outflows and macro uncertainty weighed on sentiment, with analysts saying the market remains range-bound.
-
US Judge Rejects Former FTX CEO Sam Bankman-Fried’s Bid for New Trial
A US federal judge has denied Sam Bankman-Fried’s request for a new trial, stating that the motion lacked new evidence. The development comes as the former FTX CEO continues to pursue legal remedies following his conviction in one of the largest crypto fraud cases.
-
Bitcoin Remains Range Bound Ahead of US Fed Decision and ETF Outflows
Bitcoin traded near $77,300 on Wednesday as investors stayed cautious ahead of the US Federal Reserve decision. ETF outflows and macro uncertainty weighed on sentiment, while analysts say the market remains range-bound between key support and resistance levels.
