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- 🌙 Movement Token Slumps 14% as Coinbase Suspends Trading
🌙 Movement Token Slumps 14% as Coinbase Suspends Trading
Coinbase said it would suspend trading of Movement's MOVE token on May 15, citing "recent reviews."
Mike Gavela
May 01, 2025
Crypto Roundup - April 29
Bitcoin slipped to $93,000 amid renewed fears of a U.S. recession following weaker-than-expected GDP data. Meanwhile, the regulatory environment showed signs of softening as the SEC dropped its investigation into PayPal’s PYUSD stablecoin. In a major industry development, Ripple reportedly offered $4–$5 billion to acquire Circle, the issuer of USDC, signaling heightened competition in the stablecoin space.
Top Stories
Bitcoin falls to $93,000 as U.S. GDP growth slows to 1.6%, raising concerns of a broader economic downturn.
SEC ends probe into PayPal’s PYUSD, signaling a potential shift in regulatory posture toward stablecoins.
Ripple reportedly bids $4B–$5B for Circle, aiming to challenge USDC's dominance and expand its stablecoin footprint.
TOP STORIES
FUNDRAISING
Terminal 3 is excited to announce a US$8 million Seed Round co-led by @IlluminateFM and @CMCC_Global's Titan Fund to scale enterprise identity and data security solutions that empower businesses to protect their users’ privacy 🧵
— Terminal 3 (@terminal3io)
2:01 AM • Apr 30, 2025
OTHER HEADLINES
CRYPTO TWITTER (X)
Prediction market disputes are a bigger problem than I realized.
Seems like there must be a better way.
From an interview with Domer (top polymarket trader).
onchaintimes.com/a-chat-with-do…
— Yano 🟪 (@JasonYanowitz)
8:40 PM • Apr 30, 2025
🧵 Hyperliquid just took a massive leap toward full decentralization : no one expected it to be so HUGE.
Soon, builders will be able to launch their own perp markets - directly onchain - with full control over fees, leverage, and oracles.
Let’s understand how it will work👇
— Wasa.hl (@0xWasa)
10:14 AM • May 1, 2025
We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for Movement (MOVE) on May 15, 2025, on or around 2 PM ET.
— Coinbase Assets 🛡️ (@CoinbaseAssets)
4:18 PM • May 1, 2025
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