eToro CEO: We bought Bitcoin at $5 and made a $50m profit
eToro CEO Yoni Assia revealed that the company bought Bitcoin at $5 and eventually sold it for a $50 million profit, marking one of the earliest known institutional crypto bets. Speaking to CNBC following eToro’s Nasdaq debut, Assia shared that…...
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Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show
Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes. Even before its token launch, Movement Labs committed large portions of MOVE’s...
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Bitcoin, Strategy Confirm Concurrent Bull Cross, Strengthening Uptrend Signal: Technical Analysis
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Imagine two major newspapers both endorsing the same presidential candidate. The joint support indicates that the candidate probably has a broad backing. Similarly, when price charts for both bitcoin BTC and Strategy (MSTR) —...
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CoinDesk 20 Performance Update: NEAR Drops 5.7% as Index Trades Lower From Wednesday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3216.65, down 2.4% (-79.51) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.9%) and LTC...
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Gold’s $3,500 Rally: Was This The Top or Just the Beginning?
Can anything stop the gold rally? The yellow metal just posted its best Q1 return since 1975. We’ve seen Wall Street’s price targets obliterated, raised, and then obliterated all over again. Today, we ask for the umpteenth time: is the top in? How is this thing still going, what’s...
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Dow, S&P 500, Nasdaq wobble as stocks rally cools
The stock market faced downside pressure on Thursday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all opening lower amid a wave of news developments. Dow opened 190 points lower to extend its negative trend after closing -0.4%…...
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Tether blacklist delay allowed $78M in USDT transfers, report says
A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance firm AMLBot. In a May 15 report, AMLBot’s onchain investigation team explained that Tether’s address blacklisting becomes effective after...
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Bitcoin mining 2025: Post-halving profitability, hashrate and energy trends
After the 2024 halving, Bitcoin mining entered its fifth epoch and block rewards were reduced from 6.25 BTC to 3.125 BTC. This forced miners to rethink their operations, optimize efficiency, cut energy costs and upgrade hardware to remain profitable. Cointelegraph Research, with insights from industry experts at Uminers, examines...
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Want To Copytrade The Trump-Linked World Liberty Financial Portfolio? Don’t Be So Sure
World Liberty Financial, a decentralized finance venture closely tied to the Trump family, has experienced a rollercoaster with its cryptocurrency investments, reflecting the volatile nature of the market. The firm, which has garnered attention due to its high-profile endorsement, holds a diverse portfolio of digital assets, with recent market...
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Web3 can solve gatekeepers, deplatforming for online creators: Interview with new Lukso COO
Creators have long been at the mercy of centralized platforms. Lukso’s new COO explains how Web3 can change it....
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