Wednesday, May 21, 2025
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dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital. Nexo’s co-founder has also clarified that they have zero exposure to Three Arrows Capital. The ongoing insolvency facing Three Arrows Capital due

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Three Arrows Capital’s Su Zhu Believes American Boomers Capitulated on Crypto in Mid-May

Summary: Three Arrows Capital co-founder Su Zhu believes that American boomers capitulated on crypto mid this month. He cites the declining prices of MicroStrategy’s and Coinbase’s stock in the traditional markets. Both assets remain in a confirmed downtrend that eerily resembles that of Bitcoin, thus indicating a strong correlation. The Co-founder of Three Arrows

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Galaxy Capital’s Mike Novogratz Believes Bitcoin Will Lead the Next Rally When the US Fed Pauses its Tightening Policy

Summary: Mike Novogratz believes that Bitcoin will lead the next rally when the US Federal reserve pauses its monetary tightening policy. When Bitcoin rallies, good crypto projects will follow suit. According to Mr. Novogratz, the crypto industry will not go away and is currently adjusting to the popping of the asset bubble caused

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Galaxy Capital’s Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70%

Summary: Mike Novogratz has warned the crypto community against picking price bottoms as it is dangerous. He also pointed out that most altcoins are down by over 80% from their highs, and the losses in the 2018 bear market were over 95%. Consequently, altcoins will likely drop by another 70% from their current

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SkyBridge Capital’s Anthony Scaramucci expects a pro-crypto presidential candidacy

Anthony Scaramucci, the founder of the hedge fund SkyBridge Capital, thinks that the next United States presidential candidate will likely be pro-cryptocurrency, given that the U.S. Securities and Exchange Commission (SEC) recently announced the approval of a fourth Bitcoin (BTC) futures exchange-traded fund (ETF).During an interview at SALT’s Crypto Bahamas

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Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit – Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Cryptox.trade News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than

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