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Bitcoin Crashes to $93k as $1 Billion Floods Exchanges Despite US-China Trade Deal Hopes

Bitcoin Crashes to $93k as $1 Billion Floods Exchanges Despite US-China Trade Deal Hopes

Bitcoin has tumbled to $93,885, a sharp slide that caught many off guard. According to analyst Ali’s post, more than 10,000 Bitcoins, worth almost $1 billion, have hit crypto exchanges in the past 72 hours. This sudden inflow often signals that holders may be preparing to sell, and in this case, the…

XRP Price Explosion Beckons As Ripple Officially Seals Landmark Hidden Road Acquisition Deal

XRP Price Explosion Beckons As Ripple Officially Seals Landmark Hidden Road Acquisition Deal

Ripple, the blockchain infrastructure services firm whose founders created major crypto asset XRP, on Friday concluded a historic deal to acquire Hidden Road.

Ripple-Linked Firm Evernorth to Go Public in $1B SPAC Deal Aimed at XRP Purchases

Ripple-Linked Firm Evernorth to Go Public in $1B SPAC Deal Aimed at XRP Purchases

Evernorth Holdings, a Nevada-based company founded by former Ripple executive Asheesh Birla, plans to go public through a merger with Armada Acquisition Corp II in a transaction expected to raise more than $1 billion.Digital assets meet tradfi in London at the fmls25If approved, the combined company…

Nasdaq Rises on AMD Deal; Gold, Bitcoin Rally — WSJ

Nasdaq Rises on AMD Deal; Gold, Bitcoin Rally — WSJ

Political upheaval is reverberating through global markets. Bond yields, gold and bitcoin rose, while U.S. stocks were mixed.The Nasdaq rose 0.7% and the S&P 500 gained 0.4%, while the Dow fell 0.1%. Gains were fueled by a big bank deal and another giant OpenAI pact, this one sending AMD soaring.In …

Trump Urges Iran to Sign Nuclear Deal Before ‘There’s Nothing Left:’ How Will BTC Price React?

Trump Urges Iran to Sign Nuclear Deal Before ‘There’s Nothing Left:’ How Will BTC Price React?

US President Donald Trump said he urged the Iranian authorities to sign the nuclear deal; otherwise, the situation might escalate.BTC’s price has already experienced substantial volatility after the initial Israeli missile strikes against Iran, but has recovered some ground and now stands close to $…

New MicroStrategy Preferred, a Bitcoin Play, Should Yield 10% or More — Barrons.com

New MicroStrategy Preferred, a Bitcoin Play, Should Yield 10% or More — Barrons.com

Andrew BaryMicroStrategy plans to sell $250 million of preferred stock on Thursday that is expected to yield 10% or more as the big Bitcoin holder benefits from rising demand for two other preferred issues sold earlier this year.The company plans to sell 2.5 million shares of junior perpetual prefer…

White House claims 'substantial progress' on China trade deal

White House claims 'substantial progress' on China trade deal

The White House announced that talks between the United States and China regarding a trade deal have made "substantial progress," yet no official deal has been announced at this time, leaving investors in doubt.According to a May 11 announcement from the White House, more details on the trade talks …

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, White House announces trade deal with China, but no details are announced, Ethereum’s Pectra has opened a new attack vector that could allow hackers to drain funds using only an offchain signature, Bitcoin SV (BSV) investors attempt to rekindle 2019 Binance lawsuit.White House claim…

Coinbase Enters Crypto Derivatives with $2.9B Deal to Acquire Deribit

Coinbase Enters Crypto Derivatives with $2.9B Deal to Acquire Deribit

Coinbase Global has agreed to buy Deribit, a major cryptocurrency derivatives exchange. The deal is valued at approximately $2.9 billion. Coinbase announced the acquisition on May 8, as Cointelegraph reported.Coinbase Announces Deribit Acquisition, Pending ApprovalGreg Tusar, Vice President of Insti…

Kraken to acquire NinjaTrader in $1.5 billion deal

Kraken to acquire NinjaTrader in $1.5 billion deal

Cryptocurrency exchange Kraken said on Thursday it would acquire futures trading platform NinjaTrader in a $1.5 billion deal.

Cryptocurrency exchange Kraken to buy NinjaTrader in $1.5 billion deal

Cryptocurrency exchange Kraken to buy NinjaTrader in $1.5 billion deal

Cryptocurrency exchange Kraken said on Thursday it would acquire futures trading platform NinjaTrader in a $1.5 billion deal, broadening the scope of its asset offerings and expanding its user base.The deal is expected to close in the first half of 2025.Founded in 2003, NinjaTrader provides retail f…

Wall Street Journal - March 20

Wall Street Journal - March 20

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- SoftBank Group inked a deal to purchase U.S.-based chip designer Ampere Computing Holdings, a chip startup founded by Intel's former president, for $6.5 bill…