Sberbank Russia’s Largest Bank Launches Bitcoin-Linked Bonds
Russia’s biggest bank, Sberbank, just did something most people probably didn’t see coming. They launched a structured bond that links investor payouts directly to how well Bitcoin performs, along with the strength of the US dollar against the Russian ruble. It’s the kind of move that would have raised...
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Robinhood Completes $200 Million Bitstamp Deal, Gains Access To 500K+ Crypto Users And $95 Million Revenue Stream
Robinhood Markets Inc. (NASDAQ:HOOD) on Monday completed its $200 million acquisition of Bitstamp Ltd., one of the longest-running global exchanges facilitating Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: BTC) and other cryptocurrency trading for both retail and institutional investors. What Happened: The deal brings Bitstamp’s over 50 active global licenses and...
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Ethereum eyes move to $3,000 as bullish technical patterns emerge
Ethereum could rally as high as $3,000 in the coming weeks as bullish technicals have emerged amid retail and institutional demand. According to data from crypto.news, Ethereum (ETH) jumped 6.5% to an intraday high of $2,644 on June 3 (Asian…...
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XRP struggles near support as XRP investment products record second week of outflows
XRP is hovering near a key support level as data shows institutional sentiment is beginning to cool off. According to a June 2 weekly report from CoinShares, XRP-focused investment products recorded their second consecutive week of outflows after losing a…...
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Ethereum foundation slashes core team amid ongoing reorganization
The Ethereum foundation has announced a shakeup of its internal structure, including the rebrand of its research and development team. A June 2 release by the Ethereum Foundation has outlined a strategic restructuring of its core development team. The reorganization…...
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BCB Strikes Deal with SocGen–FORGE to Distribute Euro-Pegged Stablecoin EURCV
BCB Markets, the trading arm of crypto payments firm BCB Group, has inked an agreement with Societe Generale–FORGE to distribute EURCoinVertible (EURCV), a euro-linked stablecoin developed by the French banking giant’s digital asset subsidiary, the company said in a press release on Tuesday. The move marks another step toward...
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U.S. Share of Bitcoin, Ether and Solana Trading Volume Falls Below 45% as Asia Catches Up
The rebound in digital assets since early April has been marked by a significant shift in activity, with Asian trading hours gaining market share in global bitcoin BTC, ether ETH and solana SOL spot trading volumes, while the U.S. steadily loses ground. The U.S. trading hours’ share of the...
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Coinbase Moves to Bring Oregon Securities Suit to Federal Jurisdiction
Coinbase (COIN) is petitioning a federal court to take over jurisdiction of Oregon’s lawsuit accusing it of selling unregistered securities, arguing the state is improperly interfering with federal efforts to clarify digital asset regulations. In a filing late Monday evening, Coinbase argued that Oregon Attorney General Dan Rayfield’s lawsuit...
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Bitcoin Hashrate Breaks Record Even As Mining Gets Harder Than Ever
On-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high. Bitcoin Hashrate Has Observed A Sharp Surge Recently The “Hashrate” refers to an indicator that keeps track of the total amount of computing power that...
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Lightchain AI builds momentum after stage 15 success; APT eyes next growth trigger
Lightchain AI accelerates ahead with $21m raised and a Bonus Round underway, while Aptos stalls in search of its next growth catalyst. #partnercontent...
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