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Kraken Puts Cyprus Licence to Use: Launches Crypto Derivatives in Europe

Kraken Puts Cyprus Licence to Use: Launches Crypto Derivatives in Europe

Kraken announced yesterday (Tuesday) the launch of its crypto derivatives products for European customers. The services are being offered under a Cyprus licence acquired by the American crypto exchange earlier this year.Kraken Begins Operating from CyprusThe exchange can passport its Markets in Fina…

Dogecoin Breakout Expected Within The Next 7 Days: Analyst

Dogecoin Breakout Expected Within The Next 7 Days: Analyst

The daily Dogecoin/USDT chart published on X by Bitcoinsensus depicts the memecoin locked in a textbook bullish reversal that has been six months in the making.Dogecoin Breakout Within 7 Days?Price action stretching from last October’s vertical rally to the present has carved a broad descending tren…

Circle courting acquisition bids from Coinbase and Ripple, asks for at least $5 billion: Fortune

Circle courting acquisition bids from Coinbase and Ripple, asks for at least $5 billion: Fortune

Circle Internet Financial, the issuer of the second-largest stablecoin, is reportedly courting buyers at a valuation of at least $5 billion, according to Fortune on Monday. The alleged sales talks — reportedly involving its longtime partner Coinbase and recent stablecoin rival Ripple — are happening…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Telegram co-founder Pavel Durov claims he rejected pressure from French intelligence officials to censor conservative content tied to the president elections in Romania, retired artist Ed Suman lost over $2 million in crypto after falling victim to a Coinbase impersonation scam, Moo…

Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday

Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday

Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000.However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant.Recallour Market W…

Crypto Price Analysis May-16: ETH, XRP, ADA, SOL, and HYPE

Crypto Price Analysis May-16: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.Ethereum (ETH)Ethereum had another impressive week with a 15% price increase after it managed to hold above $2,500, which is currently acting as a key support. As long as this level holds, buyers have a good chance t…

FTX Set for $5 Billion Second-Phase Distribution Following $7 Billion Payout

FTX Set for $5 Billion Second-Phase Distribution Following $7 Billion Payout

Advisers managing the bankruptcy of FTX are preparing to distribute $5 billion to the company’s creditors. This will be the second payout this year. The first round began in mid-February.In the February round, repayments started with customers in the “Convenience Class.” These are individuals with c…

ETH/USD: Ethereum Shoots Above $2,700, Flexing 50% Gain in Just a Week. What’s Happening?

ETH/USD: Ethereum Shoots Above $2,700, Flexing 50% Gain in Just a Week. What’s Happening?

Second-largest crypto was out of the limelight while its big bro was doing numbers and rocketing higher. But not anymore. Ether is rallying. 💸 Ether Regains $2,700 Price TagEthereum prices rocketed upward on Tuesday and regained the $2,700 price tag after weeks of languishing under $2,000 per coin…

The Q-Day Prize challenge, explained: Can quantum computers really break Bitcoin?

The Q-Day Prize challenge, explained: Can quantum computers really break Bitcoin?

What is the Q-Day prize? The Q-Day Prize is a challenge to make the Bitcoin network quantum resistant.On April 16, 2025, quantum computing-focused company Project 11 announced the “Q-Day Prize,” a competition to break a “toy version” of Bitcoin’s cryptography with a quantum computer. Contestants m…

The Daily: Coinbase’s S&P 500 inclusion could see $9B in passive inflows as stock jumps 25%, GD Culture plans $300M BTC and TRUMP buy, and more

The Daily: Coinbase’s S&P 500 inclusion could see $9B in passive inflows as stock jumps 25%, GD Culture plans $300M BTC and TRUMP buy, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! Crypto-related equities jumped at the open this morning as U.S. inflation data cooled for a third straight month, pushing headline CPI to a four-year low, in what analysts de…

 Trump-linked miner American Bitcoin going public via Gryphon merger

Trump-linked miner American Bitcoin going public via Gryphon merger

Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining company Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the new com…

Paradigm-backed Exponential launches DeFi platform ‘YO’ to optimize yield

Paradigm-backed Exponential launches DeFi platform ‘YO’ to optimize yield

Exponential has launched a DeFi platform called YO — short for "yield optimizer" — with the hopes of revolutionizing the space for both pros and beginners."DeFi is an incredible ecosystem because it provides value that was previously reserved for banks to users. As a user, I can do market making, as…