Market Maker Flowdesk Expands Capital Market Offerings With New Institutional Credit Desk

Market maker Flowdesk has launched an institutional credit desk, expanding its footprint in digital asset markets as traditional finance players seek more efficient ways to deploy and access capital into crypto. Sophisticated institutional counterparties are seeking structured credit products to manage liquidity, hedge exposure, and generate yield across fragmented venues. Flowdesk’s new desk meets that … Read more

Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals

Bitcoin’s (BTC) rally is gaining momentum, with institutions stepping up their exposure to the leading cryptocurrency through Deribit’s BTC options market. “Panning out over just the last week shows a much bigger sign of institutional positioning on BTC,” Deribit said on X Friday, noting the bullish flows in the BTC options. The exchange has seen … Read more

Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds

German authorities shut down crypto exchange eXch, seizing 34 million euros ($38 million) in tokens and more than 8 terabytes of data in one of the country’s largest law-enforcement actions targeting suspected crypto laundering. The Frankfurt Public Prosecutor’s Office and the Federal Criminal Police Office (BKA) dismantled the eXch’s server infrastructure on April 30, just … Read more

Crypto Daybook Americas: PEPE Signals Altcoin Frenzy as Rampant Ether Outpaces Bitcoin

By Omkar Godbole (All times ET unless indicated otherwise) As the crypto rally gathers pace ether has widened its lead over bitcoin in terms of volatility expectations, signaling relatively greater action not just in the second-largest cryptocurrency, but in the broader digital asset market as a whole. Deribit’s ether implied volatility index (ETH DVOL), which … Read more

Bitcoin’s Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains

Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a … Read more