Mantra OM token crash exposes ‘critical’ liquidity issues in crypto

Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash. The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported….

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Thriving on the road, Giants look for series win vs. Phillies

Apr 16, 2025; Philadelphia, Pennsylvania, USA; San Francisco Giants infielder Tyler Fitzgerald (49) hits an RBI double against the Philadelphia Phillies in the seventh inning at Citizens Bank Park. Mandatory Credit: Kyle Ross-Imagn Images Following a series victory in New York, the San Francisco Giants can take a set from the Philadelphia Phillies when they…

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Hermès reports Q1 growth, plans U.S. price hike in May

Translated by Nazia BIBI KEENOO Published April 17, 2025 Hermès is continuing its momentum into 2025, despite a complex economic backdrop. In the first quarter, the French luxury house reported revenue of €4.1 billion, marking a 9% increase, or 7% at constant exchange rates, compared to the same period last year. Growth was seen across…

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Binance helps countries with Bitcoin reserves, crypto policies, says CEO

Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received…

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