Citi explores adding crypto custody services
Key Takeaways Citigroup is exploring adding crypto custody services, joining other major banks. State Street, BNY Mellon, and others are...
Business
BitGo considers late 2025 IPO amid growing crypto public offerings wave
Key Takeaways BitGo is considering an IPO in the second half of 2025. BitGo competes with major players like Coinbase...
BlackRock scoops up more Strategy’s shares, boosts stake to 5%
Key Takeaways BlackRock has increased its stake in Strategy to 5%, owning approximately 11.2 million shares. The disclosure of BlackRock's...
Koinos.fun beats Elon Musk to feeless, tokenless transfers over X social platform
Share this article Koinos.fun – a new app that allows users to mint an NFT and send it to a...
Trump Media launches new fintech platform Truth.Fi, allocating $250M to Bitcoin and ETFs
Key Takeaways Trump Media and Technology Group (DJT) is launching Truth.Fi, a fintech brand focused on financial services and investment...
Coinbase taps Trump’s 2024 strategist and former NY Fed president for its advisory council
Key Takeaways Coinbase has added Chris LaCivita, Trump’s 2024 campaign strategist, and Bill Dudley, former NY Fed president, to its...
TON Foundation targets US expansion under Trump
Key Takeaways TON Foundation has appointed Manuel Stotz as president as part of its US expansion plans. The foundation aims...
a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities
Key Takeaways Andreessen Horowitz is scaling back UK crypto operations to refocus on US opportunities. Bitcoin prices have surged post-election...
eToro confidentially files for US IPO with Goldman Sachs’ support
Key Takeaways eToro has confidentially filed for a US IPO targeting a $5 billion valuation. Goldman Sachs, Jefferies, and UBS...
Coinbase brings back Bitcoin-backed loans with Morpho’s DeFi integration
Key Takeaways Coinbase’s Bitcoin-backed loans, powered by Morpho, provide USDC instantly, leveraging cbBTC for seamless on-chain functionality. This new offering...
Italy’s largest bank steps into Bitcoin with $1M purchase
Key Takeaways Intesa Sanpaolo purchased $1 million worth of Bitcoin as a test strategy. Institutional crypto adoption is expanding with...
FTX EU sold to former FTX employees’ Backpack Exchange for $32.7 million
Key Takeaways Backpack Exchange has acquired FTX EU for $32.7 million with regulatory approval from Cyprus and the FTX bankruptcy...
Movement Labs nears completion of $100 million Series B funding
Key Takeaways San Francisco-based Movement Labs is close to securing a $100 million Series B funding round co-led by CoinFund...
Trump administration could boost M&A, benefiting crypto, says Bitwise CEO
Key Takeaways Bitwise CEO anticipates crypto growth due to potential M&A surge under Trump administration. Concentration of corporate power may...
Morgan Stanley’s E-Trade plans to offer crypto trading as Trump administration signals pro-crypto stance
Key Takeaways E-Trade plans to offer direct crypto trading amid regulatory optimism under Trump. The move would position E-Trade as...
USUAL token jumps 15% on Binance Labs, Kraken investment
Key Takeaways USUAL token surged 15% after Binance Labs invested in the project. The Usual protocol aims to create decentralized...
MoonPay to acquire Helio Pay for $150 million in its largest deal yet
Key Takeaways MoonPay plans to acquire Helio Pay for $150 million to enhance its payment services. Helio Pay enables crypto...
MicroStrategy shareholders will vote on proposals to boost stock issuance for Bitcoin strategy
Key Takeaways MicroStrategy shareholders will vote on increasing the authorized common stock to 10.3 billion shares. The vote will consider...
Rumble secures $775 million investment from Tether
Key Takeaways Rumble secured a $775 million investment from Tether to fuel growth and stockholder liquidity. Tether’s partnership with Rumble...
Semler Scientific hits options trading milestone with Bitcoin holdings at $222M
Key Takeaways Semler Scientific achieved eligibility for options trading due to sustained share price growth driven by its Bitcoin strategy....
Ripple’s RLUSD stablecoin set to launch tomorrow as XRP token jumps 8%
Key Takeaways Ripple announces RLUSD stablecoin launch for December 17, 2024. XRP token surges 8% on RLUSD news, reaching $2.56...
Riot Platforms completes $525M offering to buy Bitcoin
Key Takeaways Riot Platforms raised $525 million to fund Bitcoin purchases and operations. Riot currently holds 12,000 Bitcoin, valued at...
