A massive Bitcoin short squeeze triggered nearly $1 billion in liquidations across the crypto market Thursday, marking the largest squeeze since 2021. The sudden surge propelled Bitcoin (BTC) above the $100,000 mark for the first time in months, shaking out over-leveraged traders and reigniting bullish momentum across digital assets. The spike came after weeks of…
Coinbase (NASDAQ:COIN) made headlines this week by announcing its $2.9 billion acquisition of Deribit, a leading crypto derivatives exchange. The Coinbase Deribit acquisition is now the largest merger in crypto history, and it signals a strategic push into the booming crypto options market. The landmark deal includes $700 million in cash and 11 million Coinbase…
Efforts to advance stablecoin legislation in the U.S. Senate hit a major roadblock last week as partisan tensions and conflict-of-interest concerns derailed progress on the Genius Act. The bill, aimed at creating a federal framework for regulating stablecoins, failed to secure the 60 votes needed to proceed, sending shockwaves through the cryptocurrency industry and financial…
SINGAPORE, May 8, 2025 /PRNewswire/ — HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.” This week, what does Trump’s…
Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases SAN JOSE, Calif., April 24, 2025 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the…
Is Ethereum dead? That’s the question some crypto analysts have been asking as ETH struggles to recover from its significant 2024 correction. After dropping more than 56% from its November highs, the Ethereum price level has become a major focus point for investors trying to determine what comes next. Ethereum Trails Behind Bitcoin and Solana…
The cryptocurrency market is heating up again, and XRP price prediction headlines are making a comeback. With Ripple’s XRP currently hovering around the $2 mark, analysts are eyeing a massive move — potentially up to $6.5, representing a nearly 200% gain from current levels. A new analysis from a respected trader known as Cryptarch_ has…
CME Group (NASDAQ:CME) is making another bold move in the cryptocurrency space by introducing XRP futures trading, a strategic addition to its growing suite of digital asset derivatives. Set to launch on May 19, pending regulatory approval, this new offering aligns with rising institutional demand for regulated crypto products. Already a major player in the…
President Donald Trump’s crypto strategy is turning heads again, as he invites top meme coin holders to a private dinner and pushes forward with a broader digital asset plan. This move blends political influence, market speculation, and direct financial interest—uncharted territory for a sitting U.S. president. On May 22, Trump will host a gala dinner…
DUBAI, UAE, April 24, 2025 /CNW/ — The Blockchain for Good Alliance (BGA), a global non-profit initiative, together with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a global effort aimed at harnessing blockchain-powered social impact initiatives across the UN Sustainable Development Goals (SDGs). This program aims to…