Equity Bank has agreed to settle a class-action lawsuit that accuses them of charging overdraft fees like they’re a tax on existence, rather than a service. The alleged crimes? Charging fees for transactions that were actually okay, and then charging them again, because apparently, the bank’s computer had a vendetta against its own customers.
Bloomberg, citing people familiar with the plans, reported that the platform appointed Mike Eidlin to lead the efforts.
According to Greeks.live, 21,000 Bitcoin options waved goodbye on May 22, sporting a put-call ratio of 0.66, a max pain level of $78,500, and a notional value of $1.6 billion. Meanwhile, 129,000 Ethereum options also took their final bow, with a 0.92 put-call ratio, a $2,200 max pain level, and a modest $280 million in notional value. Talk about a quiet exit.
Polymarket, the go-to spot for folks who think election odds are more exciting than your average Netflix binge, has gone dark for Indian users. Try accessing it? You’ll get the classic “This site can’t be reached” error, which is either a technical marvel or the government’s way of saying, “We’re watching you, and we’re not amused.” Refreshing the page? Good luck with that. It’s like trying to resurrect a dead dodo with a prayer and a Wi-Fi signal.
Blockchain security firm PeckShield confirmed the transfer on X and said the returned funds accounted for about 75% of what was stolen.
On May 21 alone, BlackRock’s Bitcoin ETF suffered a $101 million outflow, a sum that would make even a modest estate sale blush. Over recent days, the fund’s withdrawals have unfolded with the elegance of a financial comedy of errors:
The 100-day Simple Moving Average of the Bitcoin Taker Buy Sell Ratio on Binance-ah, what a tongue-twisting phrase!-has climbed to 1.018, a figure so lofty it could make a tsar blush. This, dear reader, is the highest such number since July 2020, a date so fateful it heralded a bull market that would make even the most stoic investor weep tears of joy (or regret, depending on when they sold). One might say the stars were aligning, or perhaps the ghosts of July 2020 were simply clearing their throats.
In a chat with Nate Geraci on the Crypto Prime podcast (because who doesn’t love a good crypto gossip sesh?), Oldenburg spilled the tea: the first weeks of Morgan Stanley’s Bitcoin ETP were all about the solo players. “Our financial advisors? Oh, they were just sipping their lattes while the self-directed crowd did the heavy lifting,” she basically said, though probably with fancier words. This is Wall Street, after all-even the shade is institutional-grade.
Technically, HYPE is as robust as a prize-winning bullock at a country fair. It prances above the 50-, 100-, and 200-day moving averages, its upward trend as unyielding as a Victorian matron’s moral code. The recent breakout, a spectacle of financial derring-do, has left the $48-$50 resistance in tatters, though one wonders if this is the triumph of hope over experience.
McClurg predicts XRP’s price could potentially double and interest in the cryptocurrency could rise by around 30% before the year is out, as he stated on the show.
