Day: May 24, 2026

Former FTX Legal Advisor Fenwick & West Settles Lawsuit for $54M

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Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023 class action lawsuit, filed by former customers of the defunct exchange. The plaintiffs allege that Fenwick “facilitated FTX’s fraud” by playing “a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished,” according to the original complaint.  Plaintiffs argue that the Silicon Valley law firm helped the now-bankrupt FTX obscure the misuse of customer funds by creating…

Ethereum Leading the Next Altcoin Repricing? Charts Say Yes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Most people are declaring altcoins dead, but the crypto charts tell a completely different story. In this video, I compare Ethereum’s market cap directly with the Total Altcoin Market Cap (TOTAL3) and show the striking identical structure since 2020 crypto cycle. This clean macro comparison reveals why a critical repricing for altcoins is coming, with Ethereum appearing to lead the next leg higher. 📊 What we cover: Side-by-side breakdown of ETH Market Cap vs Altcoin Market Cap since 2020 Key structural parallels…

Strategy Pauses Bitcoin Buying as Saylor’s ‘BitVac’ Comment Puts Next BTC Buy on Watch

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Key Takeaways Strategy highlighted bond-related activity instead of bitcoin buying after holdings climbed to 843,738 BTC. Preferred stock, debt obligations, and liquidity reserves remain central investor concerns. Future financing activity may signal another phase of large-scale BTC accumulation. Saylor’s ‘BitVac’ Comment Puts BTC Buying on Watch Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), shared on X on May 24, 2026, that Strategy “bought bonds, not bitcoin” during the week, shifting investor attention toward whether the company is managing debt before another BTC acquisition cycle. The post showed bitcoin…

Dogecoin Price Repeating 2024 Setup With Retest Of Fib Fan Before Possible Breakout Wave

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Dogecoin is at a technical area that will look very familiar to traders who followed its 2024 rally. The weekly chart shows Dogecoin is pressing into a long-term Fibonacci fan structure drawn from the 2021 peak, with the current retest coming near the 0.618 Fib fan after a similar 0.5 Fib fan retest preceded the large move in October 2024. This technical setup does not confirm a breakout on its own, but it places Dogecoin at one of its most important weekly decision points in months. Related Reading Dogecoin Returns…

The UK’s advertising watchdog has officially BANNED this Coinbase ad. 🚫

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Advertising Standards Authority (ASA) ruled that the “Everything is Fine” campaign trivialised the risks of crypto and irresponsibly suggested it as a solution to the cost-of-living crisis. Despite a defence from Coinbase, the regulator found the satirical tone lacked the necessary gravity for high-risk investments. Is the watchdog right to step in, or is this censorship? Read more on our website. #Crypto #Coinbase #UKBusiness #Regulation #FinanceNews #Investing #Marketing #London ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

The Crypto Industry Is Built on Lies, with Ben McKenzie

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This episode is sponsored by Incogni. For 60% off your first order, go to Would you be surprised to find out that one of the leading investigators into the cryptocurrency industry is… a former teen heartthrob from the early 2000s TV series ‘The O.C.’? Ben McKenzie became famous for playing bad boy Ryan Atwood in the hit 2003 drama, but he may end up being remembered for his work investigating and speaking out against the opaque crypto industry. Ben is the writer,…

Tom Lee’s Ethereum Portfolio Sits on $7.35B Loss as ETH Price Slumps

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Tom Lee’s BitMine faces about $7.3 billion in paper losses on its Ethereum treasury as Ether (ETH) traders weigh worsening sentiment, ETF outflows and a bearish chart setup pointing toward $1,600. Key takeaways: Bitmine keeps buying ETH even as its losses mount amid the 57% price drawdown from the August 2025 high. ETH price technicals warn of a 25% drop, which would push Bitmine’s losses over $10 billion. Bitmine’s ETH treasury dashboard. Source: DropStab.COM Lee continues buying ETH despite mounting losses Ether has fallen more than 57% from its October…

Bitcoin LTH Supply Surge Does Not Reflect Real Demand — Here’s Why

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The price of Bitcoin seemed set for another round of pain over the weekend after falling below the psychological $75,000 level on Saturday morning. However, the premier cryptocurrency has somewhat recovered and is looking to reclaim $77,000 as of this writing. At the same time, an increase in the supply of Bitcoin’s long-term investors was also observed on the day, although the signal might not be what it seems. Here’s Why BTC LTH Supply Data Is Skewed In a recent post on the X platform, pseudonymous analyst Darkfost revealed a…

Bitcoin pioneer warns altcoins and memecoins could go to zero

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Blockstream CEO Adam Back has renewed his long-running criticism of altcoins and memecoins, saying market efficiency may finally be catching up with assets he views as weak. Summary Adam Back said efficient markets may eventually price many altcoins and memecoins near zero. Bitcoin dominance near 59%, keeping pressure on broader altcoin market rotation this month. Nearly 40% of altcoins traded near all-time lows, showing weak risk appetite outside Bitcoin. Back wrote on X that he had expected the efficient market hypothesis to push altcoins toward “$0.” He added that he…

КРАЙ! Тръмп се отказа от крипто плановете си! 🛑

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Trump Media току-що дръпна шалтера на всички свои крипто ETF планове. Партньорът им внезапно премина към по-строга регулаторна рамка – и целият проект се срина за една нощ. На фона на падащо търсене на ETF-и и растящ политически натиск, този ход разтърси крипто пазара. ———– Последвайте ни в различните социални медии, за дневни новини и образователно крипто съдържание! Уебсайт: Instagram: TikTok: ——– #bitcoin #crypto #bitcoinnews #cryptonews #altcoins #ripple #ethereum #cardano #dogecoin ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version