May 16, 2025
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DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution XRP Slides 4% as Bitcoin Traders Cautious of $105K Price Resistance DOJ Will Still Pursue Roman Storm Case Despite Blanche Memo, Prosecutors Say Dave Portnoy Says Meme Coins Are ‘Gambling’ and Not Built to Last Bitcoin Holds Above $100K, Altcoins Slide as Analyst Sees Crypto Rally Into Summer PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential ‘Really Great Example’: Coinbase Praised for Hack Response Amid $400M Crisis Senate’s New Stablecoin Draft Doesn’t Target Trump’s Crypto, Tweaks Big-Tech Approach SEC Is Probing Coinbase Over User Number Misstatement Concern

Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task

Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.

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