What Crypto Derivatives Say About Bitcoin’s Record Price – Decrypt

Bitcoin surged over 6% to $117,500, driven by short-covering in derivatives, but weak spot demand and subdued funding rates suggest the rally may fade without new inflows.
OpenAI faces IRS complaint over alleged tax violations

The Midas Project filed an IRS complaint against OpenAI, alleging tax violations and conflicts of interest, particularly involving CEO Sam Altman, threatening its nonprofit status.
XRP Eyes $3 Breakout Amid Rising BlackRock ETF Speculation

XRP price surges amid speculation of a BlackRock ETF filing, with experts predicting a potential breakout above $3. Legal resolution and institutional interest could drive further gains.
Bitcoin Rally to $118K Wipes out Over $1 Billion in Short Bets – Markets and Prices Bitcoin News

Bitcoin’s surge to $118K caused over $1 billion in short contract liquidations within 24 hours, marking a significant market shift as prices reached new highs.
LIBRA token creator fights class suit, citing lack of jurisdiction

LIBRA token creator Hayden Davis seeks dismissal of a New York class-action lawsuit, arguing lack of jurisdiction as the token was globally offered and not targeted at New York residents.
Solana Breaks Out Of Symmetrical Triangle—Next Stop $164?

Solana breaks out of a Symmetrical Triangle pattern, signaling potential bullish momentum. Analyst Ali Martinez suggests a price target of $164 based on Fibonacci Extension levels, with SOL currently trading around $158.
All about Arbitrum’s 22K ETH stack and its impact on L2 ecosystem

Arbitrum’s 22K ETH stack impacts the L2 ecosystem as ARB loses an 18% gain, falling back to a key $0.3 support level.
Bitcoin Cycle Top Finder Remains Untriggered — What This Means For Price | Bitcoinist.com

Analysts indicate Bitcoin’s cycle top hasn’t been triggered, suggesting further upside potential. Indicators point to a parabolic phase, with predictions of BTC reaching $200K due to institutional demand and ETF inflows.
Rap Mogul Drake Name-Drops Bitcoin in New Diss Track – News Bytes Bitcoin News

Drake mentions Bitcoin in his new diss track ‘What Did I Miss’ during a YouTube stream, referencing the cryptocurrency amid his feud with Kendrick Lamar.
Bank Employee Allegedly Embezzles $33,212 From a Nonprofit She Moonlighted At – And Now the Federal Reserve Has Found Out – The Daily Hodl

A former Jonah Bank employee, Kendall Hickman, allegedly embezzled $33,212 from a nonprofit where she worked. The Federal Reserve has barred her from financial activities, though she repaid the funds.