Coinbase has announced a major move in its global expansion strategy by acquiring Deribit, the leading crypto options exchange, in a deal worth $2.9 billion. The transaction includes $700 million in cash and 11 million shares of Coinbase stock, marking one of the largest crypto acquisitions to date. The deal
Cardano’s price action has shifted noticeably over the past week, with recent movements pointing to a potential change in market sentiment. After beginning the week around $0.70, ADA dipped to a local low near $0.64 on May 6 before staging a recovery toward $0.72 by May 8. The token has
The crypto market’s recovery attempts have ended up with a solid jump of over 5.43% in the market cap, reaching $3.22 trillion. Notably, the broader market sentiment is greed, with the Fear and Greed Index holding at 70. Following the suit, SUI posts a 9.21% gain within the last 24
Ethereum had its biggest single-day increase in four years on Thursday, rising 20% to trade above $2,200 after the Pectra upgrade was introduced. The big move in price is as the crypto tries to catch up with Bitcoin, which has recently crossed the $100,000 mark for the first time in
The crypto market is surging today, driven by growing optimism around global trade developments and a supportive macroeconomic backdrop. The total crypto market capitalization jumped 3.21% to reach $3.1 trillion, while 24-hour trading volume soared 47.10% to $119.1 billion. Bitcoin (BTC) surged past $99,000, hitting $99,415, as bulls aim for
The crypto market’s sudden recovery, followed by the Federal Reserve’s decision and Trump’s major trade deal announcement, has pushed the major assets into the green zone. The global crypto market cap is currently around $3.09 trillion, after a 3.14% surge. Among the assets, Solana (SOL) has steadily gained 5.60% over
Pepe (PEPE) has recorded a parabolic uptick that started a week ago. Market data indicates that Pepe’s price surged 13.61% in the past 24 hours, with a significant increase in trading volume. Additionally, the RSI and MACD indicators show bullish momentum, indicating the price may continue to rise. PEPE Technical
David Bailey, CEO of BTC Inc. and a key crypto advisor to Donald Trump, is making waves in the digital asset industry with the launch of a new bitcoin investment company named Nakamoto. The venture, which has secured $300 million in funding, is set to go public and aims to
Stripe, a global payment solution for Web3, has revealed various features at its annual user event on May 7 in San Francisco. The major updates are the introduction of Stablecoin Financial Accounts and a new Payments Foundation Model. The Stablecoin Financial Accounts permit businesses in around 101 countries to hold
The crypto market is on the recovery boat. All the major assets light up the green chart, breaking the nearby resistance. Among the altcoins, PI has posted a solid surge of over 7.21% in the last 24 hours. In the early hours, the asset traded at a low of $0.5774,
