There is speculation that the account activity may not have come from Roaring Kitty himself, as the account had been quiet for 16 months. Roaring Kitty’s deleted post on X triggered a crash in the meme coin RKC, wiping out 90% of its value within hours. Traders who bought into the hype lost hundreds
CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. Summary CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12, using its Profit and Loss Index to confirm the regime shift. The last confirmed green signal in March 2023 preceded a sustained bull run taking
CoinDCX developer Rahul Agarwal used his work laptop to carry out side gigs for private parties “without being aware of their credentials.” Source link
Sam Altman took to the witness stand to defend his reputation in the Musk v. Altman trial on Tuesday, as Elon Musk’s lawyers peppered the OpenAI CEO with hours of questions regarding his alleged history of deceptive behavior. The cross-examination was a much needed win for Musk, who has so far struggled to make a
Microsoft CEO Satya Nadella didn’t mince words when asked about the November 2023 boardroom drama that nearly blew up the most important AI partnership on the planet. Testifying on May 12 in Elon Musk’s lawsuit against OpenAI, Nadella described the board’s attempt to fire Sam Altman as “amateur city.” What Nadella actually said on the
Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has increased pressure for clearer, more consistent regulatory coordination. Firms may see reduced compliance friction if joint agency work advances. SEC and CFTC Advance Crypto Policy Alignment Efforts U.S. Commodity Futures Trading Commission (CFTC) Chair Michael
Sharplink remains the second-largest Ethereum treasury company with roughly 868,700 ETH. Mike Novogratz’s digital asset firm Galaxy Digital and ETH treasury company Sharplink announced a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund. This new private investment vehicle will focus on DeFi liquidity protocols and other on-chain yield-generating strategies. $125M
Nathaniel Chastain, a former OpenSea product manager, had his insider trading conviction overturned on appeal. Source link
The DTCC Chainlink Collateral AppChain partnership will automate 24/7 collateral management across global markets by Q4 2026. Summary DTCC will integrate the Chainlink Runtime Environment into its Collateral AppChain to automate pricing, valuation, margining, and settlement across financial markets. The Collateral AppChain targets a Q4 2026 production launch and extends a 2024 Smart NAV pilot
Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising overhead costs. Marathon sold $1.5 billion in bitcoin to fund a strategic pivot into AI and retire 30% of