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Author: Ubik Capital
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Crypto News
May 16, 2025BY Ubik Capital

Australian Crypto Exchange Cointree Fined Over Delayed Suspicious Activity Reports

Cointree was fined after voluntarily disclosing delays in filing suspicious activity reports, as AUSTRAC intensifies crypto oversight.
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Crypto News
May 16, 2025BY Ubik Capital

XRP Slides 4% as Bitcoin Traders Cautious of $105K Price Resistance

XRP fell over 4% in the past 24 hours, leading losses among major cryptocurrencies as the broader market stalls after last week’s sharp rally. Bitcoin continues to hover above $104,000, with traders predicting a steady rise past $105,000, a level now acting as both psychological and...
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Crypto News
May 16, 2025BY Ubik Capital

DOJ Charges $236M Crypto Crime Ring That Spent Millions at Nightclubs

Defendants allegedly stole hundreds of millions in crypto and then blew it on supercars, private jets, and designer bags.
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Crypto News
May 16, 2025BY Ubik Capital

Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows

The Wisconsin fund sold its Bitcoin ETF stake sometime in Q1, weeks before sweeping U.S. tariffs triggered a crypto market slide.
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Crypto News
May 16, 2025BY Ubik Capital

Coinbase SEC Probe and Security Breach Unlikely to Derail Growth, Experts Say

Experts say Coinbase’s inclusion in the S&P 500 is unlikely to be affected by an SEC probe and recent insider-led data breach.
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Crypto News
May 16, 2025BY Ubik Capital

JP Morgan Sees Bitcoin Outpacing Gold as Crypto Derivatives Market Expands

Bitcoin could do better than gold this year as institutions continue to invest, analysts at JP Morgan wrote in a note published Thursday.
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Crypto News
May 16, 2025BY Ubik Capital

DOJ Will Still Pursue Roman Storm Case Despite Blanche Memo, Prosecutors Say

The U.S. Department of Justice will drop part of one count of its case against Tornado Cash developer Roman Storm due to a recent policy memo, the agency said Thursday. The DOJ will not go to trial on a charge alleging Storm failed to comply with money transmitter business...
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Crypto News
May 16, 2025BY Ubik Capital

FTX Will Hand Out Over $5 Billion in Bankruptcy Repayments This Month

The next wave of FTX creditor distributions will begin on May 30, with over $5 billion worth of recovered funds set to be sent out.
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Crypto News
May 16, 2025BY Ubik Capital

Money Printer Go Brr? Arthur Hayes Thinks It’s Coming—And Bitcoin Will Go Nuts

Bitcoin is the “perfect and only lifeboat,” crypto entrepreneur Hayes has argued.
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Crypto News
May 15, 2025BY Ubik Capital

Dave Portnoy Says Meme Coins Are ‘Gambling’ and Not Built to Last

“I don’t think it’s here to stay,” Dave Portnoy said, referring to meme coins—the same corner of crypto he’s often poured fuel on through his social media antics. Speaking on stage at Consensus 2025 with Tom Farley, CEO of crypto exchange Bullish, the Barstool Sports founder peeled...
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