Tag: 7509
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Coinbase acquires Deribit to capture 60% of crypto derivatives market by 2025
Coinbase acquired Deribit for $400 million, expanding into crypto derivatives. The deal positions Coinbase against Binance and Bybit, controlling 60% of the market.
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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.
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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.
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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.
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Google secures 8% stake option in Bitcoin miner TeraWulf with $1.8B deal
Google obtains an 8% stake option in TeraWulf, a Bitcoin miner, through a $1.8 billion backstop deal, signaling major tech interest in crypto mining.
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Ether ETFs secure $729 million inflows, second-largest in history
Ether ETFs attracted $729 million, the second-largest inflow ever. Bitcoin and Ethereum dominate crypto markets, with ETH rising 5% post-announcement.
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Ether funds attract $1.7 billion inflows as ETH nears $4,000 in Q2 2024
Ether funds attracted $1.7 billion in inflows as ETH neared $4,000, with Grayscale and Coinbase reporting heightened institutional activity in Q2 2024.
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Spot Ether ETFs record $729M inflows as Grayscale and BlackRock dominate
Spot Ether ETFs attracted $729M in inflows, marking the second-largest daily total. Grayscale and BlackRock led with significant contributions amid rising ETH prices.
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Ripple CTO reports XRP volume hits $2.5 billion as crypto adoption grows
Ripple CTO David Schwartz notes crypto adoption is expanding, with XRP trading volume reaching $2.5 billion amid growing institutional interest in Bitcoin and Ethereum.
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FalconX integrates Copper Clearloop into Prime Connect for 50+ crypto assets
FalconX integrates Copper Clearloop into Prime Connect, enhancing crypto services. The platform supports Bitcoin, Ethereum, and 50+ assets, processing $10B monthly volume.