Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
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Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
Dalio’s views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates. 432 Total views 30 Total shares After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but…

Bitcoin price volatility expected as 47% of BTC options expire next Friday
The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options signal that the market is healthy, it’s still unusual to see such heavy concentration on short-term options.By itself, the…

Pump.Fun co-founder says most altcoins serve same purpose as memes
"Expecting the same playbook from last cycle to work again just doesn’t seem realistic," Pump.fun co-founder Alon Cohen wrote on X.

Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an official April 8 announcement, the company suffered a net loss of more than $32.9 million in Q4, with the company outlining “realized loss on digital assets”…

Judge Orders Arrest of Former GOP State Senator Involved with Crypto Scam
A Texas federal judge issued a bench warrant in response to a contempt motion brought by the SEC against former Rep. Senator David Schmidt. A Texas federal judge issued warrants for the arrest of an ex-Washington state senator and the leaders behind an alleged cryptocurrency scam involving the Meta 1 coin. At an April 21 hearing…

China to ‘maintain a high-pressure situation’ on crypto, official says
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments. 95 Total views 3 Total shares China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin (BTC) and other virtual currencies “are not legal tender and have…

‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024
The two Republican senators claimed that if their party wins control of the Senate, they will stop the SEC’s “regulation by enforcement.”

Bitcoin institutional buying ‘could be big narrative again’ as 30K BTC leaves Coinbase
Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing.For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “could be the big narrative” in the crypto space once more.Coinbase Pro shifts serious amounts of BTCKi highlighted figures from Coinbase Pro, the…