Crypto News

Cryptocurrency app MoonPay, has acquired Iron, an API-focused stablecoin infrastructure platform, the company said in a press release Thursday.The acquisition will significantly increase Moonpay's enterprise offerings, the Miami-based company said, and will allow businesses to accept stablecoin payments.No acquisition price was given, but a report said the deal was worth at least $100 million.M&A activity in the crypto space is hotting up. Options exchange Derebit is in talks to be acquired, with a number of potential suitors vying for the company, as reported by CoinDesk last month. Crypto trading platform BitMEX is also looking for a buyer. Stripe agreed to buy stablecoin platform Bridge for $1.1 billion in October last year, in the largest crypto acquisition by a major payments...

President Trump’s Bitcoin reserve may prompt other governments to do the same, the CEO of Binance Richard Teng said.Source link

This content is provided by a sponsor. The meme coin space has long struggled with a lack of long-term sustainability and real-world utility, often leading to projects that capture attention but fail to deliver lasting value. Pharaohs (PHRZ) is breaking this mold by introducing a meme coin with both purpose and innovation, blending community engagementSource link

Memecoins have been in the news lately, primarily driven by the launch of the President’s $Trump coin. Recently, the U.S. SEC clarified that, for the most part, memecoins are not securities as they don’t meet the Howey test. That doesn’t mean clients won’t be asking questions about these assets, though.So in today’s crypto for advisors, Janine Grainger from New Zealand-based Easy Crypto provides a breakdown of what memecoins are, how they work and the risks associated with them.Then, Kieran Mitha, a next-gen investor, answers questions about learning about memecoins in Ask an Expert.– Sarah MortonYou’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.Memecoins: Boom, Bust and Billion-Dollar...

The U.S. government announces a Strategic Bitcoin and Digital Asset Reserve, aiming to integrate crypto into national finance, stirring debates on decentralization and investment strategies. (Read More)Source link