• Midas Crypto
  • Posts
  • 🌙 Crypto Market Dips as Fed Remarks Spark Volatility

🌙 Crypto Market Dips as Fed Remarks Spark Volatility

Bitcoin consolidates above $103,000 while Ethereum, Solana, and XRP retreat.

Author

Mike Gavela
May 15, 2025

In partnership with

Crypto Roundup - May 15

Crypto markets experienced renewed volatility following cautious remarks from the Federal Reserve, signaling potential rate hikes may still be on the table. Meanwhile, leaked documents have revealed that Movement Labs promised millions in undisclosed token incentives to advisers, raising governance concerns. In industry consolidation news, 0x has acquired competitor Flood in a bid to strengthen its position within the rapidly growing $2.3 billion DeFi aggregator space.

Top Stories

  • Fed comments trigger market drop as traders react to the possibility of prolonged high interest rates.

  • Movement Labs leaked documents reveal secret token promises to advisers, raising red flags about transparency.

  • 0x acquires rival Flood to expand dominance in the DeFi aggregator sector.

SPONSORED BY

Learn AI in 5 minutes a day

This is the easiest way for a busy person wanting to learn AI in as little time as possible:

  1. Sign up for The Rundown AI newsletter

  2. They send you 5-minute email updates on the latest AI news and how to use it

  3. You learn how to become 2x more productive by leveraging AI

TOP STORIES

Crypto Market Dips as Fed Remarks Spark Volatility - "The Defiant"

Bitcoin consolidates above $103,000 while Ethereum, Solana, and XRP retreat.

thedefiant.io/news/markets/crypto-market-dips-as-fed-remarks-spark-volatility

Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show

Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements.

www.coindesk.com/tech/2025/05/15/movement-labs-secretly-promised-advisers-millions-in-tokens-leaked-documents-show

0x Acquires Competitor Flood in Push to Boost Share of $2.3B DEX Aggregator Market

The acquisition is 0x’s first since the firm’s founding in 2017.

www.coindesk.com/business/2025/05/15/0x-acquires-competitor-flood-in-push-to-boost-share-of-usd2-3b-defi-aggregator-market

FUNDRAISING

OTHER HEADLINES

FTX to distribute over $5 billion to creditors in second planned payout on May 30

FTX plans a $5B creditor payout starting May 2025, with rates varying by claim class and distribution through BitGo or Kraken.

cryptobriefing.com/ftx-creditor-payout-second-round

Coinbase leak prompts KYC criticism from crypto execs

A growing number of crypto players are attacking KYC protocols after Coinbase revealed its support staff had leaked credentials.

protos.com/coinbase-leak-prompts-kyc-criticism-from-crypto-execs

Why crypto games shouldn’t monetize too early

Bitkraft Ventures’ Carlos Pereira and Matt Halstead share their predictions for crypto gaming, from NFTs to the “risk-to-earn” subgenre.

blockworks.co/news/crypto-games-shouldnt-monetize-early-nfts

CRYPTO TWITTER (X)

FOLLOW US ON SOCIAL

SHARE!

Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 115,000 investors and crypto degenerates who read Midas Crypto Daily!