Judge overturns fraud convictions in Mango Markets exploit case

A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets. On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg…

Will Bitcoin bulls secure $110K before BTC’s $13.8B options expiry?

Key takeaways: Bitcoin bulls aim to push BTC above $110,000 by May 30 to capitalize on $4.8 billion in call options. Spot BTC ETF inflows and weak put positioning give bulls a strong edge in the monthly expiry. Bitcoin (BTC) is approaching its largest monthly options expiry of 2025, with total exposure reaching $13.8 billion….

Crypto Market Sees $300M Liquidations on Trump Tariff Threats

Crypto traders betting on a steady bitcoin rally got a sharp reminder of headline risk from Donald Trump’s latest tariff threats. Over $300 million worth of leveraged derivatives positions were liquidated across centralized exchanges in the past four hours, according to CoinGlass data, as crypto prices plunged following the news. Nearly all liquidations came from…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout…

Will Bitcoin bulls secure $110K before BTC’s $13.8B options expiry?

Key takeaways: Bitcoin bulls aim to push BTC above $110,000 by May 30 to capitalize on $4.8 billion in call options. Spot BTC ETF inflows and weak put positioning give bulls a strong edge in the monthly expiry. Bitcoin (BTC) is approaching its largest monthly options expiry of 2025, with total exposure reaching $13.8 billion….

Solana ‘will make everyone an investor’ — Solana nCMO

The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout…

US House members call for investigation into Trump’s memecoin dinner

Members of the US House of Representatives called for the Justice Department to investigate Donald Trump’s May 22 dinner for his top memecoin investors, citing concerns about “foreign influence over US policy decisions” and “potential corruption and emoluments clause violations.” In a May 22 letter to the Justice Department, 35 House members asked the public…

Bitcoin price ‘breather’ expected as short-term traders realize $11.6B in profit

Key takeaways: Short-term Bitcoin holders realized $11.6 billion in profit over the past 30 days, suggesting a potential pause or local top in the market. Technical indicators show cooling momentum as retail investor sentiment falls to a 90-day low and liquidity data points to price volatility. Bitcoin (BTC) price recently hit a new all-time high…

MSTR, SMLR Lead Crypto Names Lower

Crypto stocks suffered a red day on Friday, especially bitcoin treasury companies such as Strategy (MSTR) and Semler Scientific (SMLR) — each down roughly 6% even as bitcoin slipped only a bit more than 2%. Japan-listed Metaplanet is lower by 24%. The picture looks even worse when zooming out: changing hands at $376 early Friday…