Coinbase’s total revenue fell to $2 billion in Q1 as trading volumes across the market slowed, with net income falling dramatically as crypto prices slumped. Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market. Coinbase’s net income was sliced...Continue Reading

Michelle Bond, facing campaign finance charges, is one of the last significant figures tied to cryptocurrency exchange FTX, through her husband, to be awaiting trial. Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her...Continue Reading

The company touted the speed and low cost of using XRP and related technologies in its payment network of medical service providers. 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...Continue Reading

Stablecoins continue to attract attention from big tech firms and legacy financial institutions, reacting to demand from retail investors. Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter. The Facebook parent held talks with several crypto infrastructure firms...Continue Reading

Publicity stunt master Justin Sun is finally blasting into space on Blue Origin — and you can join him. Vietnam’s new TradFi L1. Asia Express. Crypto exchange HTX (formerly Huobi) said it will send one user a $6 million ticket to blast off to space alongside Justin Sun in July 2025. The campaign will select...Continue Reading

Pro Bitcoin traders might use bullish options strategies to build pressure on short sellers. 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. Read moreContinue Reading

The deal reflects competition among crypto exchanges to dominate the burgeoning 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 Deribit for $2.9 billion in...Continue Reading