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Tag: News

Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover

June 4, 2025
Robinhood has officially completed its $200 million acquisition of Bitstamp, marking a bold step toward globalizing its crypto services and deepening its reach into institutional markets. The move positions Robinhood as a serious contender in the international crypto scene, expanding beyond its U.S. base and into the European Union,...
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Bitcoin Indicator Signals Trend Exhaustion – Reset Or Reveral?

June 4, 2025
Bitcoin is entering a critical consolidation phase after weeks of strong buying pressure pushed the price to a new all-time high near $112,000. Despite the bullish momentum seen in recent months, the leading cryptocurrency is now struggling to maintain upward traction. As macroeconomic uncertainty and rising global tensions—particularly trade...
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The Protocol: Berachain Follows Ethereum’s Pectra Upgrade With ‘Bectra’

June 4, 2025
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Berachain Taps Ethereum’s Pectra Playbook With ‘Bectra’ Upgrade Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring Elon Musk...
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Global X Debuts Covered Call Bitcoin ETF, Aims To Keep Volatility In Check

June 4, 2025
Investors increasingly seek structured exposure to the crypto market without the rollercoaster of direct ownership, and Global X Management Company LLC is offering a solution. What Happened: The Global X Bitcoin Covered Call ETF (NASDAQ:BCCC), a new ETF, combines Bitcoin-linked exposure with an actively managed covered call strategy. It’s...
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