Day: May 30, 2025

Trader makes $17M by betting against James Wynnโ€™s high-risk strategy 

While James Wynn lost nearly $100 million, another trader made a fortune by consistently taking the opposite side of his trades. One crypto trader earned more than $17 million by betting against controversial crypto fund manager James Wynn. On Friday, May 30, Lookonchain reported that the trader behind wallet address 0x2258 repeatedly mirrored the opposite of Wynnโ€™s positions. The trader shorted when Wynn went long and went long when Wynn shorted. The approach paid off, resulting in $17 million in profits while Wynn racked up $98 million in losses. Theโ€ฆ

How blockchain can transform Africa #fintech #blockchain #podcast

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io This podcast shorts features Gideon Greaves, Managing Director, Africa of CV VC. Gideon delves into the transformative potential of blockchain technology in the African context. We learn how this decentralized database can be harnessed to combat corruption and enhance transparency across the continent. ๐ŸŒ Developed markets focus on speculative crypto, complex DeFi apps. ๐Ÿš€ Africa prioritizes real use cases due to trust and transparency. ๐Ÿ›๏ธ African governments lack trust, transparency. ๐Ÿ› ๏ธ Blockchain addresses missing infrastructure. ๐Ÿ’ช Entrepreneurs seize blockchain for solving vitalโ€ฆ

NYC Comptroller rejects Mayor Adamsโ€™s proposal for Bitcoin-backed bonds

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New York City Comptroller Brad Lander has criticized Mayor Eric Adamsโ€™s proposal to issue municipal bonds backed by Bitcoin, warning that such a move would introduce financial risk and undermine investor confidence. In a May 29 statement, Lander said he would not allow the New York City to issue the crypto-tied debt instrument while he is in office. Landerโ€™s office shares responsibility for debt issuance with the Mayorโ€™s Office of Management and Budget. โ€œCryptocurrencies are not sufficiently stable to finance our Cityโ€™s infrastructure, affordable housing, or schools,โ€ the comptroller said,โ€ฆ

FTX Bankruptcy Estate distributes $5 billion

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The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible creditors in the Convenience and Non-Convenience Classes who have completed the pre-distribution requirements. According to a May 28 announcement, the creditorsโ€™ distribution will include Dotcom Customer Entitlement Claims, which are receiving a 72% distribution; US Customer Entitlement Claims, which are receiving a 54% distribution; and Convenience Claims, which will receive a 120% distribution. Additionally, General Unsecured Claims and Digital Asset Loan Claims will eachโ€ฆ

Pourquoi Ethereum pourrait surperformer Bitcoin

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io La mise ร  jour Pectra vient dโ€™รชtre rรฉalisรฉe sur le mainnet du rรฉseau Ethereum, mais est-ce vraiment une rรฉvolution ? On vous explique tous les enjeux de cette upgrade majeure dans cette vidรฉo ! Nโ€™oubliez pas de laisser un commentaire pour partager vos impressions et vos questions ! โ€”โ€”โ€” Apprendre, gagner et รฉvoluer avec Knowledge Process : โ€”โ€”โ€” SOMMAIRE 00:00:00 Introduction 00:00:39 Historique des mises ร  jour 00:02:52 Les problรจmes dโ€™Ethereum 00:06:25 Les nouveautรฉs apportรฉes par Pectra 00:09:23 Impacts possibles et perspectivesโ€ฆ

Uniswap Rally Loadingโ€”Hereโ€™s Why The Next Move Could Be Explosive

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In a fresh post shared on X, crypto analyst First1Bitcoin drew attention to Uniswapโ€™s (UNI) recent market behavior, noting that the token appears to be gaining strength following an extended period of sideways movement. According to the analyst, this prolonged accumulation phase may be setting the stage for a significant breakout.  The chart, as highlighted in the post, is beginning to show encouraging signs of bullish pressure. With price tightening near key resistance levels, the conditions appear ripe for a potential upward surge, provided that buying momentum continues to build.โ€ฆ

BTC Supply Shock Could Have Dramatic Implications: Sygnum

Bitcoin is entering a period of supply shock that could have more dramatic price implications than in previous cycles, Katalin Tischhauser, head of research at digital asset banking group Sygnum, told Cointelegraph. โ€œLarge demand will have a strong multiplier effect, meaning every $1 of demand leading to, say, $20-30 additional market capitalization,โ€ she said. โ€œWe have already seen this multiplier effect after the launch of the Bitcoin spot ETFs or around the US elections.โ€ Tischhauser cited the limited liquid supply of Bitcoin (BTC) relative to the large pools of institutionalโ€ฆ

Bitcoin heads toward $100K, but BTF futures predict recovery

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Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000โ€“$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,000 level over the next few days, but data suggests that prolonged trading below this level could be limited. In a recent post, CryptoQuant noted that the Net Realized Profit/Loss (NRPL) chart, which tracks profits and losses from Bitcoin transactions, shows moderate profit taking at the current levels.โ€ฆ

๐Ÿ”ต RETIRAR DINERO de COINBASE WALLET a mi CUENTA BANCARIA (2025) โ–ถ TUTORIAL Retirar Coinbase Wallet

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io El video es una guรญa completa para retirar tu dinero de Coinbase Wallet a tu cuenta bancaria! ๐Ÿ’ก ๐—–๐—ข๐— ๐—ข ๐—จ๐—ฆ๐—”๐—ฅ ๐— ๐—˜๐—ง๐—”๐— ๐—”๐—ฆ๐—ž (๐—ฃ๐—”๐—ฆ๐—ข ๐—” ๐—ฃ๐—”๐—ฆ๐—ข) โžค ๐Ÿ’ก ๐—–๐—ข๐— ๐—ข ๐—จ๐—ฆ๐—”๐—ฅ ๐—ง๐—ฅ๐—จ๐—ฆ๐—ง ๐—ช๐—”๐—Ÿ๐—Ÿ๐—˜๐—ง (๐—ฃ๐—”๐—ฆ๐—ข ๐—” ๐—ฃ๐—”๐—ฆ๐—ข) โžค ยกBienvenido al tutorial paso a paso que te guiarรก a travรฉs del proceso de retirar tus criptomonedas desde tu billetera Coinbase Wallet hacia tu cuenta bancaria en el emocionante aรฑo 2024! En este video informativo, descubrirรกs los pasos precisos y fรกciles de seguir para convertir tus activos digitalesโ€ฆ

Cantor Fitzgerald Unveils Gold-Hedged Bitcoin Fund

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Cantor Fitzgerald Asset Management is rolling out a bitcoin investment fund that offers uncapped BTC upside with gold-based downside protection. The five-year fund combines digital asset exposure with a traditional safe-haven twist. Wall Street Giant Launches Bitcoin Fund Backed by Gold Safety Net Cantor Fitzgerald Asset Management (CFAM) has announced the upcoming launch of the [โ€ฆ] Original