Movement Labs suspends co-founder amid market making scandal as MOVE drops 20% amid Coinbase delisting
Movement Labs has suspended co-founder Rushi Manche as it continues to investigate a scandal involving one of its former market makers. In a post on X dated May 2, Movement Labs confirmed Manche’s suspension as a third-party investigation by Groom…...
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Trump’s Official Token Adopted As Treasury Reserve Asset By Nasdaq-Listed Company Seeking Fair, Free Trade Between US And Mexico
Freight Technologies Inc. (NASDAQ:FRGT) has become the first public company to adopt the Official Trump (CRYPTO: TRUMP) meme coin as a treasury reserve asset, as announced on Wednesday. What Happened: The logistics management firm agreed to the issuance of convertible notes up to $20 million with an institutional investor, according to a press release....
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Sam Altman’s World Launches in US With Eye Scans, Crypto Rewards, and a Tinder Pilot
Sam Altman’s crypto-linked human identity project, known as World, is beginning its US expansion with new features that integrate both payment and digital identity capabilities. Initially launched internationally, the initiative is now debuting in six major US cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. Crypto Payment...
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SEC moves to dismiss securities lawsuit against crypto influencer Ian Balina
Cryptocurrency influencer and Token Metrics CEO Ian Balina is the latest figure to have an SEC unregistered securities sales case dropped. According to a May 1 joint stipulation filed in a Texas federal court, the U.S. Securities and Exchange Commission…...
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XRP, DOGE, LTC, and SOL ETFs Launching This Summer? This Expert Says So
The launch of spot Bitcoin ETFs and later the Ethereum counterparts last year in the US changed the game, while Trump’s pro-crypto approach and favorable regulatory environment brought even more hope for numerous large-cap altcoins to have such financial vehicles trading on Wall Street. With over 70 applications sitting...
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Will This Week’s $2.5B Bitcoin Options Expiry Move Markets?
Around 27,000 Bitcoin options contracts will expire on Friday, May 2, and they have a notional value of roughly $2.54 billion. This week’s event is around average compared to previous weeks, while derivatives crypto trading has remained muted as spot markets show signs of recovery. Bitcoin Options Expiry This...
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TRON hits record 10B total transactions as bulls eye breakout above $0.25
Since its launch in June 2018, TRON has achieved a significant milestone by surpassing 10 billion total transactions. As per a May 1 analysis by CryptoQuant contributor Maartun, the network currently handles approximately 8.4 million transactions every day. Although activity…...
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Sonic rallies 15%, TVL reaches new ATH as Binance Wallet announces S token integration
Sonic surged 15% and total value locked reached a new all-time high after Binance Wallet announced its integration with the Sonic blockchain. The update, which was announced on May 1, allows users to interact with Sonic’s (S) decentralized applications and…...
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Sui to integrate sBTC and Stacks to power institutional-grade BTCfi
Sui is set to integrate sBTC and support the Stacks network, positioning Sui as a leading hub for institutional-grade Bitcoin decentralized finance. In a May 1 blog post, the Sui Foundation announced that it will integrate sBTC and support the…...
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Bitcoin Price Analysis: Final Key Resistance Level Before New All-Time High
Bitcoin has reclaimed bullish control after breaking through a major resistance at $95K. However, all eyes are now on the looming psychological barrier at $100K, a critical level that could either trigger profit-taking or act as a springboard toward new all-time highs. Technical Analysis By ShayanMarkets The Daily Chart...
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