TLDR Strive Asset Management plans to buy 75,000 BTC from Mt. Gox claims at a discount The deal involves Castell Advisory Group and is pending shareholder approval and SEC submission. Mt. Gox, once a major exchange, is now releasing BTC to creditors after years of legal battles following its 2014 collapse. Strive joins a growing list of institutions, including Twenty One Capital and Strategy, racing to build large Bitcoin reserves. Strive Asset Management, a firm linked to entrepreneur and former U.S. presidential candidate Vivek Ramaswamy, has unveiled a bold strategy to acquire up to 75,000 Bitcoin (BTC) from the estate…
Author: Newton Kitonga
TL;DR summary: Dogecoin (DOGE) has rebounded 40% since its March low of $0.164, reaching $0.2299 by mid-May. Over 1 billion DOGE has been accumulated recently by whales, signaling strong investor interest. On-chain activity and futures market participation have surged, supporting bullish momentum. Analyst predicts a potential 200%+ price rally for DOGE in the coming months. Dogecoin (DOGE) has continued to show strength, buoyed by a surge in whale accumulation and a sharp uptick in on-chain activity , developments that have reignited speculation of an imminent breakout. Following a rocky start to 2025 that saw prices plunge from $0.35 to a…
TLDR Binance wants to dismiss a $1.76 billion lawsuit from FTX. The lawsuit claims a 2021 buyback was funded fraudulently. Binance denies this. Binance says FTX’s collapse was due to internal mismanagement, not them. FTX pursues many lawsuits. Binance plans to fight and questions U.S. court power. Global crypto exchange Binance has filed a motion to dismiss a $1.76 billion lawsuit initiated by the now-bankrupt exchange FTX. The legal filing, made in a U.S. bankruptcy court on Tuesday, asserted that the claims made by FTX are “legally insufficient” and represent an attempt to deflect blame for the dramatic collapse of…