Bitcoin leads US crypto payments with 42% share in 2023
Bitcoin leads US crypto payments with 42% share, while stablecoins dominate 78% of Asian transactions, per Chainalysis 2023 data.
Citigroup evaluates crypto ETF custody and stablecoin services for $2.57T assets
Citigroup explores stablecoin and crypto ETF custody, with $2.57 trillion in assets. Bitcoin and Ethereum mentioned as key focus areas.
Coinbase acquires Deribit in $2.9B deal after GPIF stake boost
Coinbase acquires Deribit for $2.9B after GPIF, the world’s largest pension fund, increases stake, marking a major crypto derivatives market consolidation in 2024.
Arsenal FC secures $10 million Bitpanda crypto deal for 2025 Premier League season
Arsenal FC partners with Bitpanda for crypto integration before the 2025 Premier League season, marking a $10 million sponsorship deal involving fan tokens.
Google Chrome receives $35 billion offer amid AI browser market expansion
Google received a $35 billion offer for Chrome amid rising AI browser competition. Microsoft and OpenAI lead AI advancements, with Chrome holding 65% market share.
KindlyMD & Nakamoto Officially Merge, Plans To Buy One Million BTC
KindlyMD and Nakamoto merged, announced plans to acquire 1 million BTC. The deal, finalized March 2024, involves $50 billion in assets.
Stablecoins USDT and USDC to reach $1T payment volume by 2028
Stablecoins like USDT and USDC will process $1 trillion in payments by 2028, per a Circle and Tether market analysis, signaling rapid crypto adoption growth.
Perplexity AI seeks $20B valuation in 2024 funding round post Chrome bid
Perplexity AI targets $20B valuation in latest funding round, following a bid for Chrome. Google and OpenAI remain key competitors in AI search.
Mesh raises $130M to expand crypto payment infrastructure with Goldman Sachs backing
Mesh raised $130M to expand crypto payments, joining Stripe and PayPal in fintech growth. The funding round included investors like Goldman Sachs.
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.
