Terraform Lab’s liquidator alleges Jump secretly propped up UST while misleading markets. Court filings claim Jump gained billions through discounted Luna deals and early exits. Jump denies wrongdoing as US courts revisit accountability beyond Do Kwon. Terraform Labs’ bankruptcy estate has filed a sweeping lawsuit against market-making giant Jump Trading, accusing it and its executives of secretly manipulating the Terra ecosystem and profiting while the project unravelled. The administrator overseeing Terraform’s liquidation is seeking $4 billion in damages, arguing that […]
The exchange restarted access on Thursday, including spot trading across 100 currency pairs. FCA financial promotion rules introduced in October 2023 led several crypto firms to end UK operations. The UK government has said it intends to establish a crypto rulebook by 2027. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, says it has restarted services in the UK, nearly two years after tougher rules on the promotion and marketing of crypto products pushed firms to pull back. The […]
The proposed ETF would use Coinbase Custody and include staking and in-kind transactions. Several asset managers are now competing to bring SUI-based ETFs to the US market. Regulatory changes under the current SEC leadership are accelerating altcoin ETF activity. Crypto asset manager Bitwise has formally filed a Form S-1 with the US Securities and Exchange Commission, seeking approval to launch a spot exchange-traded fund linked to SUI. The proposal adds fresh momentum to the fast-expanding crypto ETF landscape, where issuers […]
Michael Selig is confirmed as CFTC chair, ending a long interim period at the US derivatives regulator. Selig signals a narrower enforcement focus as Congress weighs expanding the CFTC’s crypto authority. Leadership change comes as debate intensifies over digital assets and US market structure rules. After nearly a year of temporary leadership, Michael Selig was confirmed by the US Senate on December 18 and will soon be sworn in as the 15th chairman of the Commodity Futures Trading Commission His […]
Key takeaways NEAR is up by less than 1% and is approaching $1.5. The positive performance comes despite the broader crypto market underperforming. NEAR Intents integrates with Starknet NEAR, the native coin of the Near Protocol, is trading at $1.48 per coin, up by less than 1% in the last 24 hours. Its positive performance comes despite the massive selloff in the broader cryptocurrency market. The coin bucked the trend thanks to Near Protocol’s NEAR Intents platform integration with Starknet, […]
Key takeaways ADA is down 4% in the last 24 hours and is now trading below $0.37. The bearish trend could see ADA decline below the $0.30 psychological level. Cardano’s on-chain shows further bearish movement Cardano’s ADA is down by 4% in the last 24 hours, making it one of the worst performers among the top 10 cryptocurrencies by market cap. The bearish performance comes amid poor on-chain data. According to Santiment’s Social Dominance metric for Cardano, the current outlook […]
Key takeaways BTC is up by less than 1% and is trading above $87k. The market is preparing for the CPI data release in a few hours. Bitcoin trades above $87k The cryptocurrency market has been choppy since the start of the week, with most coins and tokens currently trading in the red. Bitcoin is trading at $87k after losing the $90k psychological level earlier this week. The bearish performance comes ahead of the release of the CPI data in […]
Uniswap price eyes gains above $5.20 after bouncing off lows of $4.87. Gains come as the Uniswap community prepares to vote on a key governance proposal. The vote could see 100 million UNI burned in the coming days. Uniswap’s governance token has witnessed a slight price surge as traders position ahead of a potential network burn of 100 million UNI tokens. This move, tied to the recently proposed “Unification” governance vote, seems to have sparked optimism among investors, with UNI […]
Dogecoin has extended its selloff, with bears targeting $0.10 as on-chain and derivatives data turn bearish. Large wallet holders are trimming DOGE positions, while short bets rise and retail interest fades. A hold above $0.12 could spark a relief rally toward $0.15–$0.18, but downside risks remain elevated. Dogecoin (DOGE) fell 3% on Thursday after falling about 4% in the prior session. The share of DOGE supply held at a profit has declined as large wallet holders reduce their positions. Derivatives […]
Fidelity’s FBTC dominated inflows, with BlackRock’s IBIT also posting strong demand. Cumulative net inflows into US spot Bitcoin ETFs have exceeded $57 billion. Shifting US rate expectations are shaping institutional ETF positioning. Spot Bitcoin exchange-traded funds listed in the US recorded a sharp revival in inflows on Wednesday, signalling renewed institutional engagement after weeks of uneven activity. The move marked the strongest single-day intake in more than a month and coincided with shifting expectations around US monetary policy. While Bitcoin’s […]