Cryptocurrency

Key TakeawaysThe license allows the firm  to offer regulated crypto derivatives, which includes perpetual futures, to retail and institutional users across EU and EEAMark Jennings, Gemini’s head of Europe, called the approval “a hugely exciting development”. Crypto exchange Gemini has obtained...

Key TakeawaysThe decline was largely attributed to the April 2024 Bitcoin halving, which cut mining rewards from 6.25 BTC to 3.125 BTC per block,Revenue from self-mined bitcoin totalled $34.4 million, down from $56.5 million a year earlier.Leading Bitcoin miner...

Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services.The company’s crypto debit cards—both physical...

Reason to trust ...

Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and U.S. Senator Elizabeth Warren told CoinDesk that...

The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week.Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for...

Key TakeawaysTransaction revenue stood at $1.26 billion, with an additional $698.1 million generated through subscriptions and services. Coinbase anticipates Q2 subscription and service earnings between $600 million and $680 millionLeading crypto exchange Coinbase reported a 10% quarter-over-quarter decline in total...

With bitcoin reaching fresh peaks, analysts are consulting a variety of charting tools to anticipate the trajectory of the leading digital currency. Among these are the well‑known Rainbow chart and the stock‑to‑flow (S2F) model. The following analysis examines BTC’s...