Crypto exchange Coinbase closed the acquisition of Deribit, the world’s largest crypto options trading platform by volume, adding to its portfolio of digital asset businesses. Trading volumes on Deribit topped $1 trillion in 2024, and the platform has a “loyal base” of institutional and sophisticated traders, Coinbase said on Thursday. Coinbase agreed to acquire Deribit for $2.9 billion in May as part of its international expansion strategy. The exchange continues to branch out and serve different segments within crypto, and offers a perpetual futures platform, a prime brokerage, a spot…
Tag: Crypto
US Sanctions Russia’s Crypto Exchange, Executives Over $100 Million in Illicit Transactions
The US Treasury Department has re-designated Moscow-based cryptocurrency exchange Garantex and sanctioned its successor, Grinex, along with three executives and six associated companies in Russia and the Kyrgyz Republic. Officials say Garantex processed more than $100 million in illicit transactions since 2019, including funds tied to ransomware attacks and darknet markets. “Digital assets play a crucial role in global innovation and economic development, and the United States will not tolerate abuse of this industry to support cybercrime and sanctions evasion. Exploiting cryptocurrency exchanges to launder money and facilitate ransomware attacks…
Bitcoin rises above $120,000 ahead of key inflation data: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin retakes the $120,000 level after an overnight rally, while ether jumps above $4,000 for the first time since December 2024. Plus, Chainlink partners with NYSE parent company Intercontinental Exchange to bring foreign exchange and precious metal pricing data onto the blockchain. And, Stephen Pair, co-founder and CEO of BitPay, discusses the trend of companies looking to accept crypto payments. Chapters: 0:00 – Introduction 0:23 – Bitcoin rises 1:13 – The headlines 4:11 – BitPay’s…
Vietnam’s MB Bank and UpBit’s parent Build Crypto Exchange
Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit. According to a Wednesday announcement from Dunamu, the company has signed a memorandum of understanding with Military Bank. In a Facebook post, Military Bank said Dunamu will support it building a cryptocurrency exchange in Vietnam with its technology. “MB and Upbit will be trusted partners, working together to promote Vietnam’s digital financial market,” Military Bank Chairman Luu Trung Thai said. Military Bank is a…
Entered In Altseason? | Still -80% Down What Next? | Crypto Market Updates | Altcoins Updates
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io For Registration In Premium Whatsapp Group Contact Me Via WhatsApp :+923022883956 📣 Connect with us on social media: WhatsApp Channel: (Must Enable Notifications) 🚀 Are we entering Altseason? In this video, I break down the crypto market, BTC dominance, and why many altcoins are still down -80%. We’ll compare past altseasons (like 2021) with today’s charts to see what could be next for Bitcoin, Ethereum, and altcoins in 2025. 📊 Topics Covered: – Are we entering Altseason? – BTC Dominance breakdown –…
Crypto Exchange Bullish Valued at $13.2 Billion After NYSE Debut, Outperforms eToro
Cryptocurrency exchange Bullish made a stunning Wall Street debut yesterday (Wednesday), with shares more than doubling to give the company a nearly $13.2 billion valuation and mint two new crypto billionaires in the process. The company’s stock opened at $90 and climbed as high as $118 before settling at $68 – an 84% gain from its $37 IPO price. The debut marked one of the year’s most successful public offerings and signals growing mainstream acceptance of digital assets. Bullish raised $1.1 billion in the offering after pricing shares above its…
Trump Just Signed Off Your Crypto Retirement Plan! [MASSIVE NEWS]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Trump Just Unlocked $9 Trillion for Crypto! In this Ran show, he dives deep into Trump’s game-changing announcement that opens the door for Bitcoin and crypto in U.S. retirement accounts (401(k)s). This massive crypto update is boosting Bitcoin, Ethereum, and altcoins across the board. With the 2025 crypto bull run heating up, this news could be the catalyst for the next major crypto leg up. Discover what this means for your crypto portfolio, which altcoins could benefit the most, and why this…
Bitcoin Hits $124,500 ATH As Crypto Market Reaches $4.26T Peak
Bitcoin has reached a new all-time high, and its next move will either be a surge into new price discovery or a halt to make way for the oncoming altcoin season, says Bitcoin pioneer Samson Mow. Bitcoin (BTC) prices reached $124,500 on Coinbase in early trading on Thursday, according to TradingView. The move has added 3.5% to the asset on the day and pushed total crypto market capitalization to a record high of $4.26 trillion. Bitcoin OG Samson Mow said there are two possible paths for Bitcoin now: “We Godzilla…
Trump Jr.-Tied Firm Gets $50M for Crypto Buys, Mining Rigs
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after raising $50 million from investors. Thumzup said on Wednesday that it would expand its crypto-related strategy “to include large-scale cryptocurrency mining and targeted blockchain investments.” The company said it will use some of the $50 million it raised from a $10 per share offering on Tuesday into “state-of-the-art cryptocurrency mining infrastructure” and was engaging with mining technology providers “to accelerate the buildout.” The firm currently holds 19.1 Bitcoin (BTC) after…
Coinbase One Card
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Coinbase One Card is here. Earn up to 4% bitcoin back on every purchase. The first bitcoin block was called the Genesis Block—the beginning of crypto as we know it. Now, it’s being etched into millions of credit cards all over the world, turning old money into new money, again and again. Terms apply. Subject to eligibility and approval. Bitcoin back rewards rates are based on the cardholder’s assets held on Coinbase. We’ll share more when the Card becomes available. ✅…