Bitcoin and Ethereum crash triggers $1.03 billion liquidations in 2023
Bitcoin and Ethereum dropped sharply, triggering $1.03 billion in liquidations. BTC fell to $26,000, ETH to $1,700 amid market turmoil.
Citigroup enters crypto custody market for ETFs and stablecoins in 2024
Citigroup explores custody services for crypto ETFs and stablecoins, joining JPMorgan and BNY Mellon. The global custody market exceeds $50 trillion.
BNB reaches $865 ATH as institutional investors target $1,000
BNB surged to an all-time high of $865, with major investors eyeing $1,000. Binance Coin’s market cap exceeds $130 billion amid rising demand.
Coinbase completes $2.9 billion Deribit deal for crypto derivatives expansion
Coinbase finalized its $2.9 billion acquisition of Deribit, marking a major consolidation in crypto derivatives. The deal includes BTC and ETH options trading.
XRP drops 12% as Cardano rises 15% following smart contract upgrades
XRP dropped 12% amid SEC lawsuit updates, while Cardano surged 15% after smart contract upgrades. Bitcoin held steady at $42,000.
Bitcoin drops 8% to $26,500 after September inflation report
Bitcoin dropped 8% to $26,500 as inflation data spooked markets. Ethereum fell 6%, while S&P 500 declined 1.5% amid Fed concerns.
TeraWulf stock jumps 38% on $3.7B Google AI infrastructure deal
TeraWulf stock rose 38% following a $3.7 billion AI infrastructure deal with Google, boosting its market cap to $1.2 billion amid rising demand for AI solutions.
Ark Invest buys $177 million in Bullish shares post crypto IPO
Cathie Wood’s Ark Invest purchased $177 million in Bullish shares post-IPO. Bullish, backed by Peter Thiel, focuses on crypto trading. Bitcoin rose 5% last week.
ALT5 Sigma secures $1.5B from Trump-backed World Liberty Financial in 2024
ALT5 Sigma secured $1.5B funding from World Liberty Financial, backed by Donald Trump, marking a major fintech investment in 2024.
Standard Chartered lifts Ethereum forecast to $8,500 following ETF approvals
Standard Chartered updated Ethereum’s price target to $8,500 by end-2024, citing ETF approvals and rising institutional demand. ETH currently trades near $3,000.
