Fireblocks Joins Coinbase International for Secure Trading

Fireblocks Joins Coinbase International for Secure Trading

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Cryptocurrency custody firm Fireblocks has announced a partnership with Coinbase International Exchange, the non-U.S. division of Coinbase Global Inc. (NASDAQ:COIN), to provide more secure trading features for institutional and retail clients in eligible jurisdictions, the companies reported on Monday. Through this partnership, Fireblocks customers can now link their accounts with Coinbase International Exchange, safeguarding operations…

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Bitcoin ETFs and Paybacks Revive Crypto Lending

Bitcoin ETFs and Paybacks Revive Crypto Lending

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The crypto lending sector is experiencing a revival following the “crypto winter” that saw the collapse of major players, thanks to the introduction of spot Bitcoin exchange-traded funds and the return of assets to creditors from bankrupt companies. “What I’m seeing is that this market has come back roaring,” Mauricio Di Bartolomeo, co-founder of crypto…

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Binance Restores Mastercard Payments for Crypto

Binance Restores Mastercard Payments for Crypto

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Binance, the world’s largest cryptocurrency exchange, has resumed Mastercard payments for purchasing cryptocurrencies, marking a significant development in the crypto payment landscape. While Mastercard withdrawal services are not yet available, they are expected to be reinstated at a later date. This move comes after Mastercard suspended crypto-related services on Binance in August 2023. The decision…

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Robinhood Acquires Crypto Exchange Bitstamp for $200M

Robinhood Acquires Crypto Exchange Bitstamp for $200M

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Robinhood (NASDAQ:HOOD), the popular stock-trading app, is expanding its presence in the cryptocurrency market with the acquisition of global crypto exchange Bitstamp for approximately $200 million. The transaction is expected to finalize in the first half of 2025. Robinhood, traditionally known for enabling everyday consumers to trade stocks, has been gradually increasing its involvement in…

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Core Scientific Rejects CoreWeave’s $1.02B Offer

Core Scientific Rejects CoreWeave’s $1.02B Offer

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Bitcoin miner Core Scientific (NASDAQ:CORZ) has rejected an all-cash buyout offer from Nvidia-backed cloud provider CoreWeave, stating that the offer undervalues the company. “The board concluded that the CoreWeave proposal significantly undervalues the company and is not in the best interests of the company and its shareholders,” Core Scientific announced in a statement. Core Scientific…

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Short-Seller Kerrisdale Targets Riot Crypto Miner’s ‘Flawed’ Model

Short-Seller Kerrisdale Targets Riot Crypto Miner’s ‘Flawed’ Model

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Kerrisdale Capital Management LLC, known for its short-selling strategies, has set its sights on Riot Blockchain Inc., criticizing its business model as flawed in the challenging landscape of Bitcoin mining. According to Kerrisdale, investing in Bitcoin directly is a more viable option for cryptocurrency enthusiasts than purchasing miner stocks. The report released by Kerrisdale founder…

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Bitcoin & Ethereum Funds Surge Before ETH Spot ETFs Trading

Bitcoin & Ethereum Funds Surge Before ETH Spot ETFs Trading

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In a notable development, global Bitcoin funds observed substantial net inflows amounting to $148 million last week, as reported by CoinShares. This surge in investments contrasts sharply with short Bitcoin products, which experienced outflows totaling $3.5 million. Additionally, Ethereum funds attracted $33.5 million, marking the second consecutive week of positive inflows following a prolonged period…

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