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Bitcoin’s recent rally failed its first big test, Wintermute said, arguing that the move was driven more by leverage and short-covering than durable spot demand. In its May 18 market update, the trading firm cited hot inflation, rising Treasury yields,…
short Minnesota has become the first state to ban prediction markets, making it a crime to operate or advertise such platforms. Hours later, the CFTC and the Justice Department filed a lawsuit against the state, arguing that the ban illegally…
The Echo Protocol saw a major security breach on Wednesday, as a compromised admin key compromised a Monad deployment that allowed attackers to obtain 1,000 eBTC tokens. Exposure associated with Aptos-based liquidity pools and lending markets remained limited to approximately…
An Ohio investment manager has been sentenced to nine years in prison for orchestrating a cryptocurrency fraud scheme that collected more than $10 million from investors, according to the US Department of Justice (DOJ). According to an official Department of…
Wintermute says Ethereum (ETH) is the “wrong asset for this macro” after Ethereum fell 10.2% last week. Additionally, the ETH/BTC ratio collapsed to 0.0275, its lowest reading since July 2025. The market maker noted that Ethereum is still lagging in…
Key points Bitcoin maintains its position near $77,175, registering a 0.4% increase after touching $76,000 earlier in the week. Diplomatic negotiations between the United States and Iran are providing modest support to market sentiment, with Trump signaling the possibility of…
Btrust, a non-profit organization dedicated to decentralizing open source Bitcoin development, has announced the appointment of a new Board of Directors, marking the completion of a historic shift in governance and the launch of the organization’s next strategic chapter. The…
Ethereum trading sentiment has bottomed out, falling to levels last seen in the depths of the previous bear market. ETH trader sentiment has just reached its most bearish levels since the 2023 bear market, CryptoQuant analyst “Darkfost” reported on Tuesday.…
Key takeaways Global bond yields rise Pressures on stock markets intensified as the 30-year US Treasury yield approached the critical 5.20% level, reinforcing fears that the Federal Reserve may shift toward future rate hikes rather than cuts. Markets are very…
Komatsu, a Japan-based construction and machinery company, announced the graduation of 17 students from the company-sponsored North Dakota State College of Science (NDSCS) Diesel Technician Program. The two-year program is designed to combine traditional classroom experiences with agent-sponsored internships, giving…
