Adam Forsyth

Wormhole legal chief has concerns

Cathy Yoon commended Commissioner Peirce’s remarks on crypto regulation but expressed concerns over her idea of a regulatory sandbox. The Securities and Exchange Commission has radically shifted its policy on crypto, bringing voices such as that of Commissioner Hester M. Peirce to the forefront. However, some still believe that her pro-crypto approach has important limitations….

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Goldman Sachs doubles down on BlackRock’s Bitcoin ETF, boosting holdings to $1.4B in Q1 2025

Key Takeaways Goldman Sachs increased its stake in BlackRock’s iShares Bitcoin Trust to 30.8 million shares worth over $1.4 billion. IBIT leads Bitcoin ETFs with approximately $62.8 billion in assets under management. Share this article Goldman Sachs has grown its position in BlackRock’s iShares Bitcoin Trust (IBIT) by 28%, disclosing a holding of 30.8 million…

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Canada’s 3iQ And Abu Dhabi’s AltNovel Join Forces To Meet Institutional Demand For Digital Assets In Middle East

AltNovel, an Abu Dhabi-based alternative investment firm, and 3iQ Corp, a Canadian investment fund manager, on 7 May 2025, announced the alliance to create AltNovel Digital Access Portfolio (ADAP) to provide institutional and qualified investors with a structured and diversified exposure to a range of blockchain-based assets while maintaining regulatory compliance. Institutional demand for digital…

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Ex-Celsius CEO Alex Mashinsky Sentenced to 12 Years in Prison for Fraud

Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in federal prison on Thursday. The decision follows his December guilty plea to organizing a fraudulent scheme that misled investors and manipulated the market value of Celsius’s native token, CEL. Sentencing Details The U.S. Attorney’s Office, Southern District of New York, announced Mashinsky’s prison…

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Dow drops 119 points, Nasdaq inches higher, Bitcoin settles at $103k amid China talk rumors

U.S. stocks ended the week mixed, with investor sentiment cautious ahead of scheduled trade talks between U.S. and Chinese officials in Switzerland this weekend.  The Dow Jones Industrial Average fell 0.3%, while the Nasdaq Composite edged up 0.0043% while the S&P 500 hovered near the flatline down 0.07% The trading action follows a preliminary U.S.-U.K….

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can bulls push through major resistance at $0.20?

Moondeng has surged over 200% in recent days, bouncing cleanly off a critical support zone. Now, with momentum building and a massive resistance level in sight, traders are watching closely for what comes next. Moondeng’s (MOODENG) explosive rise began after it found solid footing at $0.03, aligning with key technical indicators. As momentum increases, the…

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