⚡️ Galaxy's Novogratz and BitGo face off in court over $100 million claim

BitGo said in 2022 it would seek to have Galaxy Digital pay a $100 million reverse break fee after the company founded by Michael Novogratz backed out of a $1.2 billion merger.

The crypto firm is claiming in court that "Galaxy failed to use reasonable efforts to get the deal done and hid from it details of probes by US authorities that likely would have impacted their ability to complete the merger", — Bloomberg reported.

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❕ Lookonchain: Trump Media just sold 2,650 BTC

Trump Media is now down a total of $455M on their BTC holdings.

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🪙 Happy Bitcoin Pizza Day!

On this day in 2010, 10,000 BTC was used to buy two pizzas — marking the very first real-world transaction with Bitcoin.

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🔝 Crypto traders predict that HYPE has a 30% chance of hitting $100 before the end of this year

🔄 Earlier: New ATH.

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⚠️ Polymarket is investigating a possible private key compromise

The issue allowed an attacker to drain more than $660K from an internal top-up wallet on Polygon.

Polymarket says it's not a contract hack.

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🪙 Sentora: Nearly $900M worth of BTC moved into exchanges this week as prices fell, indicating significant sell-side pressure

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💎 TON is among the leaders in TVL growth — its network’s indicator increased by 28% over the past 30 days

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💜💜💜💜💜

Altcoins remind us why they're called alts...

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💜💜💜Kevin Warsh swearing in ceremony as Fed Chair begins at the White House

Trump says he wants Warsh to act independently as Fed Chair.

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🔥 Kevin Warsh has been officially sworn in as Federal Reserve Chair

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⭐️ Just Rise & Fall of the selected tokens over the past week.

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🔖🔖🔖🔖 to $75,235

❕ UPD: BTC now under $75,000.

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🔽 Over $871M in longs were liquidated in the past 24 hours

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💎 Arkham: Two fresh ETH addresses just withdrew $125M ETH from Kraken and Bitgo this morning

Their purchase patterns match prior purchase patterns of Bitmine.

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⚠️ Texas has filed a lawsuit against WhatsApp, alleging misleading claims about message encryption and user privacy

📣 Pavel Durov: "WhatsApp encryption is a giant fraud".

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❕ Spot BTC ETFs shed $1.26B in worst week since late January as ether funds see 10-day outflow streak

Spot Ethereum ETFs also logged a tenth consecutive day of outflows on Friday, the longest negative streak for the category since March of last year.

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⚡️ The US and Iran are expected to announce a draft peace deal within 24 hours

📣 Donald Trump: "An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries, as listed".

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❕ Reuters: ECB warns EU finance ministers that easing euro stablecoin rules would weaken banks

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📣 Axios: Trump and Iran close to signing temporary 60-day understanding

Both sides would sign a memorandum of understanding (MOU) that would last 60 days and could be extended by mutual consent.

🔜 What's in the deal:

• During the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely.

• In exchange, the US would lift its blockade on Iranian ports and issue some sanctions waivers to allow Iran to sell oil freely.

• The US official acknowledged that would be a boon to Iran's economy, but said it would also give significant relief to the global oil market.

❕ Iranian media Tasnim News reports that the possible Iran-US MOU includes a US waiver of oil sanctions on Iran during the negotiation period

This would be a temporary suspension (via OFAC*) while talks continue, differing from previous US proposals. Iran is still pushing for full sanctions lifting in any final deal.

* — Office of Foreign Assets Control is the office within the US Department of the Treasury that administers and enforces most US economic sanctions.

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🪙 Michael Saylor announced that Strategy bought bonds this week instead of Bitcoin

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