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...
Business
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...
Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth
Key Takeaways Franklin Templeton's partnership with Sui aims to overcome challenges in the DeFi space and boost ecosystem growth. Sui...
Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy
Key Takeaways Worksport plans to allocate up to $5 million or 10% of its cash reserves to Bitcoin and XRP....
Enron announces plans to relaunch and teases entry into the crypto space
Key Takeaways Enron’s dramatic return follows its historic 2001 bankruptcy, with a new focus on solving global energy crises and...
Ripple backs Bitwise Physical XRP ETP following its rebranding
Key Takeaways Bitwise has rebranded its European XRP ETP, with Ripple planning an investment. The Bitwise Physical XRP ETP is...
Tether to end EURT support, focusing on MiCA-compliant stablecoins
Key Takeaways Tether is discontinuing support for its euro-pegged stablecoin EURT due to regulatory changes. Tether will focus on EURQ...
Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether
Key Takeaways Cantor moved to secure 5% of Tether ownership in a deal worth around $600 million. The company's CEO,...
Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive
Key Takeaways Coinbase plans to expand token listings, including memecoins, under a more favorable regulatory environment expected with Trump's administration....
ai16z partners with Ryze Labs to launch AICombinator with $5M fund
Key Takeaways ai16z and Ryze Labs launch AICombinator with $5M funding to support developers creating AI-crypto projects, leveraging the Eliza...
Robinhood US relists SOL, ADA, and XRP, introduces PEPE
Key Takeaways Robinhood Crypto has added SOL, PEPE, ADA, and XRP to its US platform. The company's listing committee evaluates...
Crypto firms Arca and BlockTower merge as institutional interest in digital assets spikes
Key Takeaways The merger of Arca and BlockTower targets stronger institutional digital asset offerings amid booming crypto markets. Industry advancements,...
