MoonPay acquires crypto key manager Sodot, launches institutional business led by former CFTC acting chair

Former acting CFTC Chair Caroline Pham will lead MoonPay's new division focused on banks, asset managers, and trading firms....
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Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan
President Trump reportedly rejected Iran's offer to end the U.S. blockade and open the Strait of Hormuz, sending crude oil prices surging 6%....

Bitcoin's widely tracked Coinbase Premium turns negative as realized losses spike to $6 billion
Bitcoin's Coinbase Premium turned negative this week for the first time since early April, signaling weakening U.S. demand as realized losses spiked to $5.97 billion. The metric, tracking dollar-denominated flows through the U.S. exchange, indicates American investors are selling more aggressively than buying. Holders bought at higher prices, using the April bounce near $78,000 to exit positions rather than accumulate further.
