Robinhood Markets, Inc., is set to acquire global crypto exchange Bitstamp to expand its reach outside the US. The acquisition, which is expected to close in 2025, will become Robinhood’s first institutional buy. Robinhood Eyes Global Expansion Robinhood’s trading platform announced it had agreed to buy Bitstamp to increase its global presence. The acquisition will…
Willemstad, Curacao, June 6th, 2024, Chainwire The BetFury crypto ecosystem announced a great Cryptodrop. The prize pool of $20,000,000 will be distributed from the end of Q3 to the beginning of Q4. This initiative offers participants the chance to earn cryptocurrencies by completing various tasks. The Cryptodrop pool consists of top-tier crypto and BFG tokens,…
TL;DR Jim Cramer suggested the SEC has lost its case against Ripple, sparking mixed reactions due to his past inaccurate crypto predictions. The lawsuit started in December 2020 over unregistered securities allegations, with the company securing partial court wins in 2023, potentially impacting XRP’s price volatility. Mixed Feelings Following Cramer’s Claim Earlier this week, the…
Tokyo, Japan, June 6th, 2024, Chainwire The gaming-centric blockchain Oasys has published a technical roadmap detailing its vision for the evolution of gaming assets. The document reveals the areas Oasys will focus on, with three pillars forming the core of its technical strategy: App Data Availability, Layer 2 Interoperability, and Ecosystem Scalability. Oasys’ technical roadmap…
The crypto market is buzzing, and the latest bull run has sparked excitement among investors. 2024 promises lucrative opportunities with coins that are set to skyrocket. This article dives into the top choices that could offer significant returns. Explore promising options poised to make a splash in the crypto scene. CYBRO Presale: A One-in-a-Million NeoBank…
In a stark contrast to the performance of the broader crypto market, XRP continues to face significant challenges, according to statements from pro-XRP lawyer Bill Morgan. Despite a discouraging decline in the value of the crypto asset relative to Bitcoin (BTC) and 88% of the top 100 cryptocurrencies, Morgan maintains a bullish outlook on the…
South America surpasses Europe in cryptocurrency users, with 55 million people using bitcoin and other crypto assets. Argentina’s cryptocurrency ownership rate stands at 18.9%, making it a leading country in global crypto adoption. South America has surpassed Europe in the number of cryptocurrency users, according to the latest report from the analysis firm Triple A….
IEX has announced the appointment of John Palmer to focus on leveraging the strengths of IEX’s core system and technology to develop new markets and expand its product innovations to create more value for IEX customers. With the role of “New Market Expansion”, according to his Linkedin profile, John Palmer will leverage his expertise across…
Popular trading platform, Robinhood, has reached an agreement to acquire cryptocurrency exchange, Bitstamp. This purchase aims to bolster Robinhood’s presence in the crypto space across the world while simultaneously attracting institutional clients by offering new products. The all-cash deal is valued at $200 million and is anticipated to be finalized in the first half of…
The trading volume across centralized cryptocurrency exchanges has notably declined, dropping to $5.27 trillion in May 2024. This decrease, roughly 20.1% from the previous month, marks a continued downtrend following the muted price activity of Bitcoin after its April Halving. Crypto Exchange Landscape And Institutional Interest According to CCData reports, this deceleration affects both spot…