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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
