Cathie Wood's Ark Invest offloads $350M Circle shares during stunning stock rally that lifts valuation above $63B.
Oluwapelumi Adejumo 2 min read 
Over $350 million in shorts liquidated as Bitcoin rallies on Iran-Israel ceasefire news.
FTX lawyers argued that 3AC's claim is "unreasonable" and an unfounded attempt to offset its own failed risk management.
When asked about red flags, 29% point to advisers who lack personal crypto experience.
The Fed memo follows FDIC and OCC decisions to also remove the reputational risk from their oversight frameworks.
TMTG maintains $2.3 billion Bitcoin reserve alongside share buyback to balance growth and shareholder value.
The amount could grow to $2.2 billion with New Hampshire and potentially higher once Arizona discloses the confiscated Bitcoin it holds.
Governor Abbott's new bill positions Texas as a frontrunner in crypto adoption while federal efforts are poor.
Fiserv's FIUSD promises to bring real-time settlement to over 10,000 financial institutions and millions of merchants.
