Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Charles Hoskinson, co-founder of Cardano and chief executive of engineering company Input Output Global (IOG), has rejected allegations that he improperly appropriated hundreds of millions of dollars’ worth of ADA from the blockchain’s 2015–2017 token-generation event (TGE). Writing on X on Wednesday, … Read more
Crypto market maker GSR has long positioned itself as a leader in market structure, compliance, and global liquidity. With operations spanning centralized and decentralized platforms, the firm is actively shaping how capital flows through the digital asset ecosystem. Part of the company’s success can be attributed to Josh Riezman, a veteran at GSR and now … Read more
On Thursday, bitcoin’s price jumped to $102,819, hitting a peak not seen since Feb. 3, and plenty of analysts point to a growing wave of institutional involvement as the driving force behind the climb. Wall Street’s Growing Appetite Sends Bitcoin Soaring Past $102K The institutions are here in full force, or so the chatter goes, … Read more
Coinbase, the largest cryptocurrency exchange in the United States, announced that it has acquired leading crypto options platform Deribit for $2.9 billion. The deal will be paid for with $700 million in cash and 11 million Coinbase Class A shares. “Coinbase is acquiring Deribit, a leading crypto options platform. This move will combine Deribit’s options … Read more
Wellgistics Health, a healthcare infrastructure company, will integrate XRP (XRP) and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers and prescription medication manufacturers, the company said in an announcement on May 8. Wellgistics cited the finality time of XRP transactions and reduced transaction costs, which are fractions of a penny, … Read more
CleanSpark, American Bitcoin mining company, announced its financial results for the second quarter of fiscal year 2025, reporting $181.7 million in revenue for the three months ended March 31. This marks a 62.5% increase from $111.8 million in the same quarter last year. Despite the revenue growth, the company reported a net loss of $138.8 … Read more
As interest in SHIB declines among retail investors, more than half of its holders are facing losses. Meanwhile, traders are turning their attention to XYZVerse, which has skyrocketed by an astonishing 4,988%. This shift in focus hints at changing tides in the market and raises questions about what’s driving this remarkable surge. $XYZ Unlocks the … Read more
Bitcoin (BTC) finally printed $100,000 on major exchanges for the first time since February, before retreating slightly as profit‑taking set in. The breakout gathered pace as the Federal Reserve’s interest rates remained stable, and President Trump announced positive developments in the tariff deals with multiple countries. Donald Trump Signs a Trade Deal With the UK … Read more
Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industry’s largest corporate acquisition to date. The deal reflects increasing competition … Read more
Key takeaways: 97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price. Short covering above $105,000 could trigger a Bitcoin price rally to new highs. Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily BTC price gain triggered $205 … Read more