Coinbase has officially completed its acquisition of Deribit, the world’s leading crypto options exchange, in a strategic move that significantly expands its derivatives trading capabilities. “This milestone marks a major step forward in our mission to build the most comprehensive, trusted platform for global crypto derivatives trading,” the firm said in a Thursday announcement. “We…
Around 40,000 Bitcoin options contracts will expire on Friday, August 15, and they have a notional value of roughly $4.8 billion. This expiry event is slightly larger than last week’s, but it is still unlikely to be enough to influence spot markets, which have notched all-time highs in terms of market capitalization this week. Bitcoin…
Tom Farley, the former president of the prominent New York exchange and now the CEO of Bullish, saw his new endeavor achieve impressive results following its public listing. The Peter Thiel-backed exchange is joining industry counterparts in a growing list of crypto corporations that are gaining access to traditional stock markets and indexes. Star Premiere…
Chainlink (LINK) has surged above $24 amidst increased activity and optimism seen across on-chain metrics. As the token rallied by almost 45% this week, investors now await more gains. $24 Isn’t the Ceiling In its latest tweet, crypto analytics firm Santiment reported 6,463 active LINK addresses, which marked an eight-month high. This milestone is accompanied by…
One of the seven countries in this region of Asia has unveiled an impressive accomplishment and has joined global peers to offer the leading crypto asset in a regulated manner. While nearby nations are behind in terms of adoption, they are making steps in the right direction. Region-First In a news outlet for Kazakhstan and…
A new entrant in the treasury race has emerged, closely tied to the crypto-friendly family of the US President. Already deeply entrenched via multiple entities and corporations, this latest endeavour is in its early stages. Dual Approach The publicly traded Thumzup Media Corporation, an advertising and social media company listed on the NASDAQ (TZUP), which recently…
Bitcoin’s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000. The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion. BTCUSD. Source: TradingView It has been quite the day…
A hacker stole $53 million from cross-chain DeFi protocol Radiant Capital back in October 2024. Ten months later, the perpetrator has nearly doubled their Ethereum stash. Hacker’s Ethereum Windfall According to the latest update by LookOnChain, the stolen 21,957 ETH has now been partially sold for profit. In fact, 9,631 ETH fetched approximately $43.94 million…
Chainlink (LINK) has been the quiet achiever in the altcoin world, surging almost as much as Ether over the past 30 days. “LINK might be the most obvious large-cap play for this cycle, yet most people will miss it,” opined crypto analyst Miles Deutscher on Thursday. Chainlink is the number one winner from the institutionalization…
The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation. USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market. Billions in Fiat Pour Tether’s USDT saw its market cap climb from $120 billion before…