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Day: May 2, 2025

CoinDesk
Movement Labs Suspends Rushi Manche Amid Coinbase Delisting, Token-Dumping Scandal
BTC $97,262.35 + 2.50% ETH $1,850.67 + 2.26% USDT $1.0002 – 0.01% XRP $2.2327 + 1.07% BNB $601.75 + 0.17% SOL $150.99 + 1.59%...
by Sam Reynolds May 2, 2025 0 comment
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CoinDesk
ATOM Surges More Than 4% With Broader Market as Cosmos Ecosystem Attracts Institutions
The Cosmos ecosystem is gaining significant institutional attention amid broader market volatility, with ATOM showing remarkable resilience after recovering from a drop to $4.23...
by AI Boost May 2, 2025 0 comment
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CoinDesk
Movement Token Slumps 14% as Coinbase Suspends Trading
Coinbase will suspend trading of Movement’s MOVE token, citing “recent reviews,” following a CoinDesk investigation into market-making deals that experts said incentivized price manipulation....
by Nikhilesh De May 2, 2025 0 comment
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CoinDesk
Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?
Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty. SOL has...
by AI Boost May 2, 2025 0 comment
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CoinDesk
Litecoin Surges 7% as SEC Likely to Approve Spot ETF with 90% Odds: Analyst
Litecoin (LTC) price surged more than 7% on Thursday, outperforming the broader market gauge CoinDesk 20 Index, which climbed about 4%. Bloomberg Senior ETF...
by AI Boost May 2, 2025 0 comment
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CoinDesk
SEC Ditches PayPal’s PYUSD Probe, Removing Key Regulatory Hurdle for Its Stablecoin
The U.S. Securities and Exchange Commission has closed its investigation into PayPal’s dollar-backed stablecoin, PayPal USD (PYUSD), without taking enforcement action, ending a regulatory...
by Aoyon Ashraf May 2, 2025 0 comment
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CoinDesk
Gold Continues Correcting and That Might Be Good for Bitcoin
What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin (BTC) and...
by Tom Carreras May 2, 2025 0 comment
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CoinDesk
Mango Markets Exploiter Avi Eisenberg Sentenced to 4+ Years in Prison for Child Porn
NEW YORK, NY — Mango Markets exploiter Avraham “Avi” Eisenberg, who stole $110 million from the now-defunct decentralized finance protocol in 2022, was sentenced to...
by Cheyenne Ligon May 2, 2025 0 comment
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CoinDesk
U.S. Government Begins to Sever Cambodia’s Huione Group from Financial System
The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from the U.S. financial system, citing the cyber-crime help the illicit marketplace gives...
by Jesse Hamilton May 2, 2025 0 comment
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