As crypto prices fell over the past seven days and market caps shed billions of dollars, investors found the perfect scapegoat in Wintermute. Source link
Latest in Coinbase
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Coinbase
US Sovereign Wealth Fund dashes hopes of Strategic Bitcoin Reserve
by Carl Nashby Carl NashHopes of a US Strategic Bitcoin Reserve took another knock after Donald Trump’s executive order about a non-bitcoin US Sovereign Wealth Fund. Source link
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On Monday, Eric Trump posted, “In my opinion, it’s a great time to add $ETH. You can thank me later.” ETH subsequently climbed 5.5%. Source link
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With a current daily positive supply of just over 1,570, ether is projected to become net-inflationary in just over 24 hours. Source link
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“Crypto Czar” David Sacks is expected to announce the names of industry leaders who will join Donald Trump’s newly-formed advisory council. Source link
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Online banking platform Revolut blamed issues with a “third-party provider” as it showed a drop in BTC’s price from $79K to just $0.019 today. Source link
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Coinbase
Brian Armstrong sold more stock in 12 months than Coinbase’s Q1 loss
by Carl Nashby Carl NashCoinbase CEO Brian Armstrong sold $541M in COIN by the first week of January. Then his company proceeded to lose $394M within three months. Source link
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FTX founder Sam Bankman-Fried has adopted Pam Bondi’s stock index-praising tactic to glaze Donald Trump on social media. Source link
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To bet on the upside valuation of AI giant Anthropic over the weekend, Hyperliquid crypto traders paid up to 8,700% annualized fees. Source link
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Bitcoin developer flags a sudden 4x spike in new node IP addresses in ADDR messages, raising possible sybil or eclipse attack concerns. Source link
