Recent News on Cryptocurrency, Blockchain, and Finance | Yellow

Crypto.com spins off OG prediction markets platform citing 40x growth while facing cease-and-desist orders from multiple states.

Pharos Network partners with Draper Dragon and Lightspeed Faction to launch incubator targeting real-world asset infrastructure builders.

U.S. Treasury investigators are examining crypto platforms for potential sanctions evasion tied to Iranian flows estimated at $10 billion.

Elon Musk's xAI is recruiting cryptocurrency specialists at rates up to $100 per hour to train AI models on trading and blockchain data.

ARK Invest's Cathie Wood recommends shifting from gold to Bitcoin, citing the metal's record-high ratio to M2 money supply and Bitcoin's fixed issuance rate.

Solana meme coin WHITEWHALE recovered to $90M market cap after a 60% crash sparked rug pull accusations.

Tether scales back its equity raise from $20 billion to $5 billion after investors question the $500 billion valuation.

Michael Burry warns Bitcoin could plunge to $50,000 and trigger mining bankruptcies, while Tiger Research says this market crash is not a crypto winter.

XRP attempts recovery after dropping to $1.50 but faces resistance at $1.6250 and $1.650 with bearish trend line intact.

Bitcoin dropped to a 15-month low near $73,000 after $1.5 billion in liquidations forced a market-wide selloff.