Tornado Cash PriceTORN

It’s funny how the guy who stayed gets torn apart, and the one who bailed with millions gets to say “I’m happy I left.” Staying was the real crime, I guess.

This chart shows the collapse of @TornadoCash’s $TORN — down 97%+ from its peak. But this isn’t just a price failure. It’s a case study in structural misalignment: • $TORN wasn’t needed to use Tornado • Utility was weak, speculative at best • Regulatory pressure crushed DAO governance • Core use case (privacy) got legally targeted The result? A token without purpose, tied to a protocol under siege.

Bears about to get torn a new areshole, bookmark it!

Coinbase Global will become the first-ever crypto company to be included in the benchmark index next week. The San Francisco-based crypto exchange will replace Discover Financial Services in the S&P 500 on May 19, according to the release. “Thank you to everyone who made it possible for a crypto company to join the S&P 500 for the first time in history,” the firm stated on X. The S&P 500 is a coveted index for large companies opening up their stock to a broader investor base. It also provides exposure to passive funds that track the benchmark and actively managed funds that may have limitations on where they can invest. Coinbase, the first major cryptocurrency company to go public in 2021, managed to report a profit for the last quarter, which is a requirement for inclusion in the S&P 500. “This milestone represents what the true believers, from retail investors to institutional investors to our employees and partners, knew all along. Crypto is here to stay,” said Coinbase CEO Brian Armstrong . He added two further thoughts: “Crypto is about to be in everyone’s 401 (k)” pension fund, and his goal is that in 5 to 10 years, “getting into the COIN50 index will feel as good as this.” Coinbase shares jumped 11% in after-hours trading on May 12, to come just below $230, according to Google Finance. However, the firm’s shares have had a tough year, falling 41% since the beginning of 2025 as the Trump administration’s trade tariffs have torn through stock markets. The S&P 500 climbed 3.2% on Monday as the recovery from its early April slump continues, but the index remains down 37% since the beginning of this year. Last week, Coinbase reported a disappointing first quarter, citing a fall in crypto prices alongside the broader market, due to tariffs and economic uncertainty. The crypto exchange reported a net income of $65.6 million, down from $1.18 billion a year earlier. However, revenue was up 24% to $2.03 billion from $1.64 billion in the same period a year ago. Coinbase also announced plans earlier this month to buy Dubai-based crypto derivatives exchange Deribit for $2.9 billion in the largest crypto industry deal to date.

After 2 weeks of consistent 10:30 magic it's been 15 minutes of nothing. Think the market is pretty torn going into the weekend. A pullback would be more than expected after an insane two weeks of pretty much up only. Or do bulls want to finish Friday really strong...