FTX Distributes $5B to Creditors
@FTX_Official will distribute over $5 billion to creditors starting May 30, 2025, via BitGo or Kraken, as part of its ongoing bankruptcy resolution. #Update #Crypto (+3) ↗
Coinbase Targets Global Firms for Acquisitions
@Coinbase plans strategic acquisitions of international firms post-$2.9B Deribit deal, while monitoring U.S. stablecoin regulations; set to join S&P 500, reflecting financial sector influence #Update #Crypto (+7) ↗
Tether Loophole Leads to $78M Loss
@Tether_to’s USDT freezing delay allowed $78M to be exploited by bad actors on Ethereum and Tron since 2017, says AMLBot report. #Breaking #Crypto $USDT (-8) ↘
XRP Analyst Predicts Next Price Surge
Crypto analyst Crypto Michael predicts $XRP will rally to a new ATH above $3, following a breakout past $2.69, with current trading at $2.52. #Update #Crypto $XRP (+6) ↗
Bitcoin Premium Unsustainable Says Jim Chanos
Veteran investor Jim Chanos is selling @Strategy’s stock to buy $BTC, citing unsustainable premiums. #Update #Crypto $BTC (-3) ↘
Stocks Overvalued JPMorgan Strategist Warns
JPMorgan’s David Kelly warns the recent S&P 500 rally is exaggerated, citing slower US economic growth and better returns from international equities. #Update #Finance (+2) ↘
Bitcoin ETF Giant Boosts BlackRock Stake
@AvenirGroup boosts its stake in @BlackRock’s iShares Bitcoin Trust to 14.7 million shares valued at $691 million, while @GoldmanSachs remains the largest holder with 30.8 million shares. #Breaking #ETF (+6) ↗
Crypto Mining Regulation: Nebraska Leads US
Nebraska lawmakers unanimously approved LB 526, regulating large-scale crypto mining’s energy use, pending Governor Jim Pillen’s decision. #Breaking #Legal (+8) ↗
Coinbase Offers $20M Bounty Reward
@Coinbase rejects a $20M Bitcoin extortion demand, offering the same amount as a bounty to capture cybercriminals who accessed customer data. #Breaking #Security (+9) ↗
Bitcoin Surges to $1 Million by 2028
Arthur Hayes predicts $BTC will reach $1 million by 2028 as the U.S. imposes capital controls, driving a shift to Bitcoin amid financial imbalances. #Update #Crypto $BTC (+6) ↗
Bitcoin Surges: Bulls Defend $102K Line
Bitcoin opened May 15, 2025, at $102,288 with a $2.03T market cap and $26.86B volume; price ranged from $101,769 to $104,156. #Update #Crypto $BTC (+3) ↗
Asian Investors Pivot to Gold Crypto
UBS reports affluent Asian clients are shifting from US dollar assets to gold, cryptocurrencies, and Chinese markets amid US-China trade tensions. #Update #Crypto $BTC (+3) ↗
Coinbase Offers $20M Bounty for Hackers
@Coinbase offers a $20 million bounty to catch data breach perpetrators affecting less than 1% of users, with no funds compromised. #Breaking #Security (+9) ↗
Crypto Trader Turns $8K to $4M
A crypto trader turned $8,191 into $4 million in 22 days with $LAUNCHCOIN, as its market cap soared from under $500K to over $300M. #Update #Crypto $LAUNCHCOIN (+7) ↗