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Robinhood to Acquire Bitstamp Crypto Exchange in $200 Million All-Cash Deal
Robinhood Markets has announced an agreement to acquire Bitstamp Ltd., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal. Read more
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Bitwise CIO says market undervaluing Washington’s shifting attitude toward crypto
Bitwise CIO Matt Hougan believes the market is underestimating the significance of Washington’s evolving attitude toward cryptocurrencies. Hougan said in a June 4 memo that the US political landscape regarding crypto has changed significantly toward a more positive stance in recent weeks, and the market would been at a new all-time high already if its impact… Read more
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$100 million token unlocks from Arbitrum and Aptos, plus APE, OP, and more
June promises to be another significant month for token unlocks in the world of crypto, as significant projects unlock over $650 million worth of tokens at current prices. Read more
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OKX to List Ultiverse (ULTI) for Spot Trading
OKX, a prominent cryptocurrency exchange, will soon expand its trading offerings with the addition of Ultiverse (ULTI) to its spot trading market, according to OKX. Read more
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Record $1bn Inflows in Digital Asset Investment
In a landmark development for the digital asset market, inflows have surged by US$1bn, pushing the year-to-date inflows to a staggering record high of US$14.9bn. This remarkable achievement underscores the increasing investor confidence and interest in digital assets, particularly in Bitcoin and Ethereum. Read more
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Can Crypto Become a Mainstream Payment Method?
Cryptocurrencies are most commonly associated with trading, due to volatile prices, and significant success stories like Bitcoin. But could crypto break out of this shell, and become a mainstream payment method? What would need to happen before this becomes a reality? Read more
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Altcoin Interest Driving South Korean Crypto Craze
Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise. Read more
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Russian Central Bank Flags Sharp Rise in Crypto-related Activity
The Russian Central Bank says it has noticed a significant rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms. Read more