Traders have been treating Bitcoin as a high-beta proxy for the same risk 
appetite driving Nvidia and the Mag-7, one that should move with equities on 
green days. Instead, Bitcoin lost its $80,000 support and registered an 
intraday low of $78,759.70 on May 13, while the S&amp;P 500 registered a new all- 
time high, QQQ rose […]
The post The S&amp;P 500 hitting another all-time high just exposed Bitcoin’s real 
problem appeared first on CryptoSlate.

The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem

Twenty FTX victims are suing Fenwick &amp; West, claiming the law firm didn’t just 
represent FTX, it helped build the infrastructure that kept the fraud running.

Law firm Fenwick & West sued for $525M over alleged role in FTX collapse

The bank raised its reported IBIT holdings by 174% in the first quarter while 
also adding exposure to select Bitcoin, Ether and Solana-linked funds.

JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT

The initiative enhances global crypto security, fostering trust and 
collaboration while curbing illicit activities and supporting regulatory 
compliance.
The post Tether, TRON and TRM Labs freeze $450 million in illicit crypto 
assets across 23 jurisdictions appeared first on Crypto Briefing.

Tether, TRON and TRM Labs freeze $450 million in illicit crypto assets across 23 jurisdictions

The AAA-mf rating for tokenized funds highlights growing institutional trust 
in blockchain-based financial products, potentially reshaping asset 
management.
The post Fidelity and BlackRock tokenized funds receive highest Moody&#8217;s rating 
appeared first on Crypto Briefing.

Fidelity and BlackRock tokenized funds receive highest Moody’s rating

BlackRock&#8217;s move into tokenized funds signals a shift towards blockchain 
integration in traditional finance, potentially transforming asset management.
The post BlackRock files for new tokenized fund structure with Securitize 
infrastructure appeared first on Crypto Briefing.

The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem

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