Trump Critiques Iran’s New Peace Proposal as ‘Unacceptable’
(Bloomberg) — President Donald Trump and Iranian officials have dismissed each other’s recent peace initiatives aimed at resolving the ongoing 10-week conflict, which has put a fragile ceasefire at risk. In a social media post, Trump characterized Iran’s response to the proposals as “TOTALLY UNACCEPTABLE.” Following his remarks, the US dollar strengthened against major currencies. […]
Bank of America Appoints Richard Hardegree as Vice Chair of M&A, Internal Memo Reveals
The Bank of America logo is featured in an illustration dated December 1, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights. On May 8, Reuters reported that Bank of America (BAC.N) has appointed Richard Hardegree, a prominent investment banker from UBS (UBSG.S), as its new vice chair of mergers and acquisitions, according to an internal memo. With […]
Approximately 80% of Bitcoin Supply Remains Untouched as Long-Term Holders Strengthen Their Position
A significant trend in the cryptocurrency market has revealed that nearly 80% of Bitcoin’s supply is now held in long-term wallets, marking an increase from 74% in the previous cycle. Recent data from on-chain analysis platform Alphractal indicates that around 830,000 BTC have been moved from short-term trader wallets, reflecting one of the largest shifts […]
Crypto Thief ‘GothFerrari’ Receives 78-Month Sentence for $250 Million Theft from U.S. Victims
The U.S. Department of Justice has announced the sentencing of 20-year-old Marlon Ferro from Santa Ana, who has been given a 78-month prison term for his involvement in a widespread cryptocurrency theft and social engineering scheme that defrauded individuals across the nation of over $250 million. Ferro, known by the alias ‘GothFerrari,’ entered a guilty […]