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Markets

Bitcoin and Gold in Sweet Spot as Bond Market 'Smackdown' Exposes the U.S. Fiscal Kayfabe: Godbole

Bond markets are challenging the illusion of U.S. fiscal stability and safe haven status. BTC and gold stand to gain.

Solo Sikoa hits Jimmy Uso with a Samoan Drop during SmackDown. (Craig Ambrosio/WWE via Getty Images

Policy

Senate Advances Stablecoin Bill, Clearing the Way for Final Passage

At least 60 Senators voted in favor of the GENIUS Act on Monday night.

Sen. Bill Hagerty, who spearheaded the GENIUS Act. (Tasos Katopodis/Getty Images for 137 Ventures/Founders Fund/Jacob Helberg )

Markets

FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution

Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.

FTX CEO Sam Bankman-Fried

Markets

Altcoin Season Could Heat Up in June and Drain Part of Bitcoin’s $2T Market Cap, Analyst Says

Joao Wedson, CEO of Alphractal, predicts a full-blown alt season in June, with BTC dominance already under pressure.

altcoinsfeat

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Markets

Bitcoin Boom Likely as Bond Yields Surge - Yes, You Read That Correctly

Elevated Treasury yields are driven by factors that are bullish for bitcoin.

fireworks

Markets

Ether Nears $2.7K, Dogecoin Zooms 9% as Crypto Market Remains Cheery

Crypto market cap dips slightly, but positive sentiment and inflows persist amid bullish altcoin moves.

Cheering. (wdstock/ iStock/Getty Images Plus)

Markets

South Koreans Bet Big on XRP, Dogecoin as Easing Trade War Fuels Risk Taking

Korean crypto markets are experiencing a rally, influenced by a $1 billion short squeeze and improving geopolitical sentiment.

South Korea flag (Planet Volumes / Unsplash)

Markets

Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals

Panning out over just the last week shows a much bigger sign of institutional positioning on BTC, Deribit said.

Institutions increase BTC options exposure. (Peggy_Marco/Pixabay)

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Policy

Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison for Fraud

Mashinsky pled guilty to securities and commodities fraud charges last December.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market

The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.

Coinbase CEO, Brian Armstrong, at Consensus 2019 (CoinDesk)