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FTX estate to start distributing more than $5B on May 30


More than two-and-a-half years after filing for bankruptcy, cryptocurrency exchange FTX is moving forward with repaying users who have not had access to their funds.In a May 15 notice, the FTX Recovery Trust announced that it would begin disbursing funds to the second group of parties eligible...

Coinbase CEO looking at more acquisitions after $2.9B Deribit buy


Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit.“We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14.He added that the firm has...

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report


Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress.Bitcoin (BTC) exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation...

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report


Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress.Bitcoin (BTC) exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation...

Crypto VC deals drop in Q1, but funding more than doubles: PitchBook


Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook.The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% from...

Crypto VC deals drop in Q1, but funding more than doubles: PitchBook


Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook.The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% from...

Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst


Bitcoin BTC climbed back above $104,000 on Tuesday with welcome fresh inflation data, President Trump's bullish outlook on financial markets, and Coinbase's inclusion into the S&P 500 among catalysts for the advance.April’s Consumer Price Index (CPI) came in cooler than anticipated, which...

Hogwarts Legacy, Civilization 7, And More Reveal $10 Switch 2 Upgrade Fees


“Next-gen” upgrade fees are coming to Switch 2. Ahead of the console’s launch in June, more and more publishers are sharing new details about the Switch 2 versions of games that are already on Switch, and many will require a $10 fee in order to unlock them. But what exactly are you paying for?Read...

Will Bitcoin hodlers be the reason more countries adopt wealth taxes?


Opinion by: Robin Singh, CEO of KoinlyIs there a catch for Bitcoin hodlers, with the asset’s price up over 600,000% since the beginning of 2013? Perhaps — if governments keep waking up to Bitcoin’s value, the whole “you only pay tax when you sell” mantra could...

Strategy Buys More Bitcoin, Pushing Holdings to 568,840 BTC


Strategy has added another 13,390 bitcoin to its treasury, spending approximately $1.34 billion at an average price of $99,856 per coin, according to Executive Chairman Michael Saylor. Strategy Now Holds 568,840 Bitcoin The bitcoin treasury and software firm now holds a total of 568,840 bitcoin...

DeFi lending TVL is outpacing DEXs due to more sustainable yield — VC


Crypto users could be looking for a more sustainable yield this cycle, as total value locked in decentralized finance (DeFi) lending continues to hit new highs while decentralized exchanges (DEXs) have lagged in comparison.DeFi lending protocols are currently the leading DeFi vertical in TVL...

Metaplanet now holds more Bitcoin than El Salvador


Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just...

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