Market Makers Abandon Public Blockchains
@GoQuant plans to launch GoDark, a privacy-focused DEX on Solana in May, using zero-knowledge proofs to conceal trade details. Regulatory compliance remains uncertain. #Update #Crypto $SOL
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@GoQuant plans to launch GoDark, a privacy-focused DEX on Solana in May, using zero-knowledge proofs to conceal trade details. Regulatory compliance remains uncertain. #Update #Crypto $SOL
Oil futures surged 7% on Hyperliquid after President Trump ordered a naval blockade of the Strait of Hormuz, pushing WTI to $96.40 amid supply concerns. Bitcoin dropped nearly 3% to $71,000. #Breaking #Crypto $BTC (-8) ↘
CFTC Chairman Mike Selig asserts the agency’s exclusive authority over prediction markets, filing lawsuits against states to clarify regulatory jurisdiction under the Commodity Exchange Act. #Update #Legal $BTC
Bitcoin is forming a base at $65,000 as selling pressure eases; geopolitical tensions impact markets, with oil prices fluctuating and equities showing resilience amid uncertainty. #Update #Crypto $BTC
Bitcoin ($BTC) traded at $71,095.58 amid geopolitical tensions; however, bullish sentiment persists with $330M in recent purchases by @MicroStrategy and ETF inflows of $787M this week, indicating potential upside to $88K. #Update #Crypto $BTC
Large investors are accumulating $TRUMP memecoins ahead of Trump’s Mar-a-Lago gala, with notable whale withdrawals totaling over $2.7M, despite ongoing political scrutiny. #Update #Crypto $TRUMP
@Bitwise has filed an amended registration with the SEC for an ETF tied to Hyperliquid’s HYPE, trading under ticker BHYP, aiming for direct exposure and including staking rewards. #Update #Crypto $HYPE
Ron Hammond of @Wintermute says the Clarity Act has a 30% chance of passing this year, facing hurdles from banks over stablecoin yield issues. Progress is ongoing but uncertain. #Update #Crypto $BTC
@MichaelAshton highlights the need for a stablecoin that preserves purchasing power amid rising inflation, introducing USDi, which tracks U.S. Consumer Price Index changes. #Update #Crypto $USDi
Bitcoin $BTC is trading at $73,364.24, down 0.2% as U.S.-Iran negotiations commence amid fragile ceasefire conditions; broader crypto market remains flat. #Update #Crypto $BTC
@SpaceX holds 8,285 BTC valued at $603 million in Coinbase Prime custody despite reporting a $5 billion loss for 2025, indicating a strong belief in Bitcoin as a treasury asset. #Update #Crypto $BTC
A $1.6 billion SPAC merger between @DynamixCorp and The Ether Machine has been terminated due to unfavorable market conditions; Dynamix will receive a $50 million payment. #Update #Crypto $ETH
Crypto exchanges are increasingly pricing traditional assets during Wall Street’s closure, with weekend perpetual futures showing 89% accuracy in predicting Monday’s openings, highlighting their growing significance. #Update #Crypto $BTC $ETH
Bitcoin remains stable between $65,000 and $73,000 despite war-related volatility, with institutional buyers like @Strategy accumulating 44,000 BTC monthly while discretionary sellers exit. #Update #Crypto $BTC