Jane Street has moved to dismiss a lawsuit brought by Terraform Labs’ bankruptcy estate, arguing the claims attempt to shift responsibility for the Terra-Luna collapse. In a filing before the Southern District of New York, the trading firm and several individual defendants said the case lacks merit and should be thrown out with prejudice, which […]
Thailand is moving to allow crypto firms to access derivatives licenses directly, easing entry into the market while tightening regulatory oversight. According to the country’s Securities and Exchange Commission, the proposed rule changes would allow licensed digital asset businesses to apply for derivatives licences within their existing entities, removing the need to set up separate […]
On Tuesday, US President Donald Trump said he expects a “great deal” with Iran even as he resists extending a ceasefire, while Bitcoin traded lower amid geopolitical uncertainty. Meanwhile, Kevin Warsh reaffirmed the Federal Reserve’s independence during his Senate hearing, and crude oil prices remained volatile as markets weighed supply risks and potential peace talks. […]
Arbitrum has frozen over $71 million in ETH tied to the Kelp DAO exploit in a bid to mitigate losses. According to a Tuesday update shared by Arbitrum, the network’s Security Council seized 30,766 ETH from an address on Arbitrum One linked to the weekend attack and transferred it into a frozen intermediary wallet. Arbitrum […]
Bitcoin and the broader crypto market are going down today because of the rising tensions between the US and Iran. They are also plunging amid fears of market manipulation and the rising hacks in the industry. BTC price dropped below $75,000, while the market capitalization of all tokens dropped to $2.4 trillion. Some of the […]
Polygon is drawing renewed attention in the crypto market after introducing a new liquid staking token, sPOL, a move that is already influencing both price action and liquidity dynamics. The staking token, which allows users to stake while maintaining access to their capital, has effectively unlocked roughly $330 million previously tied up in staking. sPOL […]
The cryptocurrency market has turned bearish again as Bitcoin and the other leading cryptocurrencies continue to trade sideways. Bitcoin briefly retested the $76,000 resistance zone on Thursday but failed to break it, and has now dropped to the $74,700 region. A Thursday report from CryptoQuant suggests a more cautious outlook, pointing to a sharp rise […]
Bitwise, the global crypto asset manager with $11 billion in client assets, has launched its Avalanche spot ETF on the NYSE. The exchange-traded fund, with ticker BAVA, is designed to provide investors with exposure to Avalanche, a blockchain platform for real-world assets and on-chain finance. What to know about the Bitwise spot AVAX ETF According […]
The cryptocurrency market has slightly retraced following its recent rally. Bitcoin has dropped to the $74,300 level, while Ether is trading around $2,330, down by more than 1% in the last 24 hours. Ripple’s XRP is also down by 0.5% since Tuesday and is now hovering around $1.35 per coin. It has failed to take […]
The crypto market rallied today, April 14, as investors predicted that the US and Iran were escalating the rhetoric ahead of a de-escalation ahead of the ceasefire deadline. Bitcoin surged to $94,000, while the market cap of all tokens jumped by over 4%. This article provides a forecast for top altcoins like Hyperliquid (HYPE), Ripple […]
