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ftx – DIGIT INFO

Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines … Read more

Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018

Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting … Read more

Silicon Valley Law Firm Fenwick & West Settles FTX Fraud Claims for $54 Million

Fenwick & West LLP, the Silicon Valley law firm that served as lead outside counsel for collapsed crypto exchange FTX, agreed to pay $54 million to settle a federal class-action lawsuit filed by former FTX customers. Lawfirm Cuts $54M Deal With FTX Customers After Lead Counsel Allegations The proposed settlement was filed this week in … Read more

Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’

Rap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world’s most talked-about verse inside a single boastful cut called “Dust.” Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid … Read more

Bitcoin’s Bull-Bear Cycle Indicator Turns Green for First Time Since March 2023

Cryptoquant’s Bitcoin Bull-Bear Cycle Indicator has flipped green, a signal that has historically preceded sustained price rallies. However, analysts have flagged one notable exception that keeps the outlook from being a clean bullish call. Bullish Signal Flashes Near $80,000 Cryptoquant’s Bitcoin Bull- Bear Market Cycle Indicator entered bullish territory on Tuesday for the first time … Read more

Judge Kaplan Denies Sam Bankman-Fried’s Bid for a New Trial, Calling Claims Baseless

A federal judge denied Sam Bankman-Fried’s motion for a new trial on Tuesday, rejecting claims of new evidence and refusing to let the former FTX chief withdraw the request first. Key Takeaways: Judge Lewis Kaplan denied Sam Bankman-Fried’s (SBF) Rule 33 motion on April 28, 2026, calling the new evidence claims “baseless.” The ruling closes … Read more

Sam Bankman-Fried Drops New Trial Motion as FTX Portfolio Hypothetical Goes Viral

Sam Bankman-Fried withdrew his pro se Rule 33 motion for a new trial this week, preserving the right to refile after his pending appeal is resolved. Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. … Read more

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