Key conclusions Backpack Exchange acquired FTX EU for $32.7 million with regulatory approval from Cyprus and the FTX bankruptcy court. Launching in the first quarter of 2025, Backpack aims to become Europe’s only regulated provider of perpetual futures, leveraging its…
The Swiss Federal Chancellery, the key personnel organization for the Swiss government, has green lighted the “Bitcoin Initiative”, a new proposal to adopt Bitcoin as part of the Swiss National Bank’s (SNB) reserve assets, alongside traditional gold holdings. The proposal…
The USD index is at multi-year highs as 2025 begins. In fact – the USD index has not been above 109 since the millennium. The USD rally really started after Trump won the election – but he was vocal about…
Key Street Shops Rostin Behnam will step down as CFTC chairman on January 20 after a tenure marked by high-profile enforcement actions in crypto and calls for stronger oversight. Behnam emphasizes the importance of disciplined regulation of digital assets and…
Important takeaways Grayscale Research has added Hyperliquid, Athena, Virtual Protocol, Jupiter, Jito and Grass to its top 20 crypto assets for Q1 2025. The company’s listing reflects a focus on decentralized AI technology and Solana’s ecosystem growth. As 2024 draws…
MARA Holdings, the second largest corporate bitcoin holder, lent 7377 BTC, equal to 16.4% of its bitcoin reserves to third parties to generate additional income, according to the company’s December 2024 production update. MARA’s BTC lending program is a way…
Important takeaways Robinhood plans to distribute crypto rewards to qualified users who access their countdown screen at a certain time. Rewards must be held in users’ Robinhood accounts for one year, with the option to involve Bitcoin or other digital…
US financial regulators have never ordered banks to “debank” crypto companies, taking more of the wind out of the “Choke Point 2.0” conspiracy theorists’ sails. On January 3, the Federal Deposit Insurance Corporation (FDIC) issued another round of documents in…
Important takeaways XRP rose 10% to $2.3 on the first day of trading in 2025. XRP dominated trading volumes over Bitcoin and Ethereum in South Korea. Share this article XRP has started the new year with a strong performance, gaining…
TLDR: Ripple CEO Brad Garlinghouse reports a surge in US deals following Trump’s election victory, with more deals signed in the last 6 weeks of 2024 than in the previous 6 months The company has focused on recruiting in the…
