Crypto News
Robinhood Completes $200M Acquisition of Crypto Exchange Bitstamp
Robinhood (HOOD) has completed the acquisition of European crypto exhange Bitstamp for $200 million. The logos on Bitstamp's website and app have been updated to read "Bitstamp by Robinhood."The deal, which was first announced in June of last year, gives Robinhood an entry into the global crypto trading market, both retail and institutional.Founded in 2011, Bitstamp is the world's longes active crypto exchange and now holds over 50 licenses and registrations around the world. Robinhood shares traded around 1.4% higher at just under $69 in pre-market trading Tuesday.Source link
Ethereum and Pepe Coin Surge Are Paving the Way for Decentralized AI Solutions Like Lightchain AI
This content is provided by a sponsor. The crypto market is buzzing! Ethereum has seen a nearly 5% price increase over the past 24 hours, while Pepe Coin has skyrocketed by an impressive 8%. These surges are reigniting conversations around blockchain technology and DeFi innovations. But what’s next? Let’s talk about how projects like LightchainSource link
ETH Holds Above $2,600 After Spot ETF Demand Ignites Bullish Breakout
Ether extended its rally Monday as institutional demand surged and exchange supply dropped to a multi-year low. The asset climbed as high as $2,650.18 before easing to around $2,617, where it currently trades, according to CoinDesk Research's technical analysis data model.Despite the minor retracement, ETH remains one of the best-performing major tokens this week, supported by $321 million in fresh inflows into ether-linked investment products. That’s the strongest weekly inflow figure since December, reflecting mounting investor confidence in ether's long-term value. Analysts also highlight a drop in ETH held on centralized exchanges, which suggests a shift toward self-custody and accumulation.Technical Analysis HighlightsETH logged a 24-hour range of $172.87 (6.97%), peaking at $2,650.18.Key resistance at $2,550 was breached with 288K ETH...
US Food and Drug Administration Launches AI Platform to ‘Modernize’ Agency
The FDA Commissioner said the agency-wide rollout beat its original June 30 deadline and came in under budget.Source link
Russia’s Largest Bank Starts Issuing Bitcoin Bonds
Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but the bank expects to provide more crypto-linked securities soon. Sberbank Pioneers Bitcoin Bonds in Russia Cryptocurrency is slowly starting to become a mainstream asset inSource link