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Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals


Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities...

Here’s what happened in crypto today


Today in crypto, Coinbase has agreed to acquire crypto options trading platform Deribit in a deal worth $2.9 billion, Arizona’s governor signed a “Bitcoin Reserve Fund” into law, and Robinhood plans a blockchain for tokenized securities offerings in Europe.Coinbase to acquire...

Coinbase to acquire options trading platform Deribit for $2.9B


Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8.The acquisition will allow...

Why is the crypto market up today?


Key takeaways:The crypto market is up 2.5% on May 8, with its capitalization above $3 trillion for the first time in over eight weeks. Fed's steady rates and stagflation fears boost Bitcoin as a store of value.Anticipated US-UK trade deal and a technical rebound fuel market optimism.The...

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm


David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become...

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm


David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become...

Bitcoin nears $100K as Trump set to reveal trade deal with UK


Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected...

Bitcoin nears $100K as Trump set to reveal trade deal with UK


Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected...

Senate Probe Targets TRUMP Token as Pay-to-Play Allegations Explode


Trump’s explosive foray into crypto faces a blistering Senate probe targeting token profiteering, foreign deals, and alleged presidential pay-to-play schemes that could shatter ethical boundaries. Trump Crypto Empire Dragged Into Probe Over Elite Access and Foreign Cash U.S. Senator Richard...

Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand


Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks...

Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand


Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks...

Senator Launches MEME Act to Halt Trump’s Crypto Cash Machine


The MEME Act targets soaring political profits from meme coins like TRUMP, proposing sweeping digital asset restrictions for top officials in a move igniting intense regulatory debate. MEME Act Takes Aim at TRUMP Token Profits and High-Level Political Abuse U.S. Senator Chris Murphy (D-CT)...

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