Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. With Bitcoin (BTC) surging back above the $105,000 mark and nearing its record high set in January, market expert Doctor Profit has outlined bullish predictions for the leading cryptocurrency.…
Month: May 2025
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Genesis Sued DCG: Can Fallen Lender Recover $3.1B?
Key Notes Genesis aims to recover over $3 billion in the latest lawsuit. The lender accused its parent company of fraud and self-dealing. DCG wanted to hide a massive hole in its balance sheet, but failed. Genesis Global Capital, a major cryptocurrency lender, filed two lawsuits against Digital Currency Group, its parent company, and CEO Barry Silbert to potentially recover over $3 billion. The filings include a $1.1 billion promissory note and over $1.2 billion in allegedly improper transfers. The now-defunct institutional crypto lender, with over 100,000 creditors, claims that…
Senate Advances GENIUS Act Stablecoin Bill
Key Notes Democratic Senators who previously opposed the bill, including Mark Warner, Adam Schiff, and Ruben Gallego, have shifted their stance to support it. The GENIUS Act outlines strict AML/KYC protocols, mandates 1:1 reserves backed by USD. Following the Senate’s debate and vote, the GENIUS Act will move to the House of Representatives. On May 19, the US Senate managed to successfully move ahead with the stablecoin bill, or the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS ACT), with a 62-32 procedural vote. The long-awaited crypto regulation…
Spot Demand Climbs As Short-Term Profits Lose Steam
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin (BTC) continues to show signs of strength despite experiencing a minor pullback in its most recent trading session. After briefly reaching a 24-hour high of $106,518, the asset…
BITCOIN TREASURIES GOING PARABOLIC, BE PREPARED!!!
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Jack Dorsey Fights Against Sats, Supports Controversial Changes for Bitcoin
Block co-founder Jack Dorsey has argued for making bitcoin transactions easier to follow and finalize, shedding the name of the smallest bitcoin unit, sats, and referring to them simply as bitcoin. This change, focused on retail, was proposed in BIP 177, presented by bitcoin proponent John Carvalho. Block’s Jack Dorsey Advocates for BIP 177, Shedding […] Source CryptoX Portal
Bitcoin options data suggest spike in volatility despite seasonal calm ahead: Kaiko
Bitcoin traders are pricing in higher volatility into June and July, defying the usual summer slowdown, analysts say. Crypto traders might want to cancel their summer vacations as options markets are flashing signs that the coming months could be anything but quiet. Despite the season’s reputation for sluggish activity, where both crypto and equities often cool off, current data suggests the market might be in for a hotter, more volatile stretch, Kaiko’s analysts say. In a recent research note, the analysts pointed out that since 2020, Bitcoin (BTC) has regularly…
Genesis files dual lawsuits to claw back $3.3B from DCG, Barry Silbert
Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt crypto lender. On May 19, the Delaware Court of Chancery unsealed a complaint detailing how DCG allegedly used Genesis as a corporate ATM, draining funds through self-serving loans and concealed transfers while presenting a false image of financial health. Through their court-appointed Litigation Oversight Committee (LOC), Genesis creditors claim that over a…
NEW Bitcoin All Time High Could Be Sooner Than You Think!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bullish momentum is building fast in the crypto market and here’s why. From Bitcoin’s breakout and Trump’s new trade deal announcement to stablecoin legislation and massive moves in strategic reserves, this video breaks down every key signal driving the next big wave. ___________________________________________ 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗢𝗡 𝗦𝗛𝗢𝗪 ⬇️ 🚨 𝗦𝗶𝗴𝗻 𝗨𝗽 𝘁𝗼 𝗕𝗹𝗼𝗳𝗶𝗻 𝗮𝗻𝗱 𝗬𝗼𝘂 𝗖𝗼𝘂𝗹𝗱 𝗪𝗜𝗡 $𝟱 𝟬𝟬𝟬 𝗕𝗘𝗙𝗢𝗥𝗘 𝗧𝗛𝗘 𝗘𝗡𝗗 𝗢𝗙 𝗧𝗛𝗘 𝗦𝗛𝗢𝗪!! 𝗜𝗻𝘀𝘁𝗮𝗻𝘁 𝗚𝗿𝗮𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻!! 👉 Open a Blofin Account with the link below & make a Deposit during this LIVE…