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Gemini to launch crypto derivatives in Europe with new license


Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe.Gemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA)...

Wellgistics Health to integrate XRP into payment infrastructure


Wellgistics Health, a healthcare infrastructure company, will integrate XRP (XRP) and related technologies into its payment network to streamline transactions between pharmacies, medical suppliers and prescription medication manufacturers, the company said in an announcement on May 8. Wellgistics...

Coinbase's Deribit buy shows growing derivatives market


Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform...

Bitcoin options could pave the path for new BTC price highs — Here is how


Key takeaways:97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.Short covering above $105,000 could trigger a Bitcoin price rally to new highs.Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily...

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era


The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era


The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...

Trump tricked into pushing XRP for crypto reserve: Report


US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text...

Trump tricked into pushing XRP for crypto reserve: Report


US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of pro-Trump lobbyist Brian Ballard gave the president the text...

Worst-Case Tariff Scenario Could Hike Game Console Prices By Over 69 Percent


President Trump hit a 90-day pause on a whole raft of “reciprocal” tariffs aimed at U.S. trading partners around the world. While many seem skeptical that the heavily criticized and widely unpopular import taxes could come back, what if Trump decided to do just that? A new report models what would...

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...

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