DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report

Key Takeaways Federal investigators are examining oil futures trades totaling more than $2.6 billion. Large bets preceded Iran-related updates that appeared to move global oil prices. Authorities are reviewing whether nonpublic information influenced the timing and scale. DOJ and CFTC Probe Oil Futures Bets Before Iran Updates The Department of Justice (DOJ) and Commodity Futures…

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ZachXBT accuses LAB founder of CEX manipulation that “harms retail investors”

On-chain sleuth ZachXBT has accused the founder of LAB of running centralized exchange manipulation schemes that he says “harm retail investors,” after a private warning DM was read and ignored Summary On-chain investigator ZachXBT has accused the founder of LAB of participating in centralized exchange (CEX) market manipulation that he says hurts retail traders. ZachXBT…

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Kraken parent strikes $600 million deal to acquire Asian stablecoin firm Reap

Payward, the company behind crypto exchange Kraken, is buying Reap Technologies for $600 million using cash and stock valued at $20 billion. Reap Technologies is a Hong Kong fintech firm specializing in stablecoin-powered payment rails and tools that support global business-to-business money movement. The acquisition is its first infrastructure deal in Asia and will support…

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Bitcoin Price Analysis: BTC Eyes $85K, Understanding the ‘Triple Threat’ Behind the Price Target

Three signals are converging on a single Bitcoin price analysis target of $85,000, and for once, they are not pointing in different directions. Research firm Glassnode has identified what analysts are calling a ‘triple threat’ setup: Bitcoin has broken above critical cost basis levels on-chain, futures funding rates have flipped from negative to neutral, and…

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