Key Takeaways Coinbase acquired Deribit for $2.9 billion to expand its derivatives market presence. CEO Brian Armstrong indicated interest in further acquisitions, especially international ones. Share this article Coinbase is ready to spend more on acquisitions after reaching a $2.9 billion deal to acquire Deribit, said CEO Brian Armstrong on Bloomberg Television today. Deribit is […]
“We have a large balance sheet” Read More »
Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on the U.S. Department of the Treasury to act swiftly
Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury Read More »
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Bitcoin Price Stuck in Range — Short-Term Bearish Pressure Mounts Read More »
In brief Users have flagged the Elon Musk-backed chatbot Grok for injecting “white genocide” claims into unrelated responses. The AI has blamed the issue on a programming glitch that overemphasized trending topics. Grok has previously drawn criticism from both right-wing users and misinformation researchers. Grok was in the crosshairs on Wednesday after users flagged the
The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency (OCC), the federal agency that supervises national banks and federal savings
OCC Declares US Banking System ‘Well Positioned’ to Embrace Crypto Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin (DOGE) just broke out of a Descending Channel pattern, indicating a potential shift from a bearish to a bullish position. After months of trading within a downward trend, the meme coin appears to be preparing for its next leg up, with
Dogecoin Descending Channel Breakout Puts Price At $0.44 Next Read More »
Key takeaways: Bitcoin (BTC) retail traders are known for entering the market during periods of euphoria, typically after strong monthly gains or a new all-time high. This time is no different, with Bitcoin approaching $104,000 on May 14 while general public interest and retail activity continue to lag. Analysts estimate that in 2025, retail investors
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the largest of whales on the Bitcoin network have slowed down their buying recently. Here’s what this could mean for BTC. Bitcoin Accumulation Trend Score Suggests Cooldown For Mega Whales In a new post on X, the on-chain analytics
Bitcoin Mega Whales Cool Off On Buying—Trouble For Rally? Read More »
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations. Bitfarms said in its latest Management’s Discussion and Analysis of the first quarter performance that the lower financial income contributed to
Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M Read More »
Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages. The Russian media outlet RG quoted the North Caucasus branch of the national power provider Rosseti as stating that it has used the solutions to detect “dozens of underground
Russian Power Engineers Develop New Solutions to Hunt Illegal Crypto Miners Read More »
