After years of speculation, XRP has officially entered the regulated derivatives market in the U.S. with the launch of futures contracts on CME Group’s platform. According to the company, the move reflects growing institutional appetite for XRP but also revives discussion around the approval of a long-awaited spot XRP exchange-traded fund (ETF). Institutional Activity Begins […]
Category Archives: Cryptocurrency
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May
May
Webull Pay partnered with Coinbase in a deal that enables Webull Pay’s crypto services to run on Coinbase’s institutional-grade infrastructure. The agreement aims to offer staking, stablecoin rewards, and more trading options starting next month. Institutional Infrastructure Meets Retail Ambition According to the announcement, Coinbase will provide its Crypto-as-a-Service (CaaS) platform to support Webull Pay’s […]
Recent uncertainty over changes in U.S. tariff policy are currently weighing on the value of the U.S. Dollar relative to other major currencies. The so-called “Trump tariffs” have also raised concerns that, long-term, these tariffs could threaten the U.S. Dollar’s reserve currency status. Yet while President Trump’s tariff policy changes are a possible long-term negative […]
The United Kingdom government will require crypto companies to collect and report user and transaction data from 1 January 2026. This includes each user’s full name, home address, and tax identification number. Hefty Fine of £300 Per User for Misreporting According to an announcement by HM Revenue & Customs last week, the UK government’s data […]
Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a Canadian company that operates two regulated crypto trading platforms. The deal is valued at approximately C$250 million. WonderFi runs Bitbuy and Coinsquare, platforms that together hold more than C$2.1 billion in assets under custody. The company is known for offering services such as crypto […]
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May
May
Crypto exchange Kraken plans to offer tokenized versions of popular U.S. equities. According to the exchange’s announcement today (Thursday), Kraken will list a new suite of tokenized equities dubbed xStocks in partnership with Backed Finance. The assets will reportedly be live on the Solana blockchain and represent actual shares held 1:1 by Backed. Clients in […]
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May
May
Kraken announced yesterday (Tuesday) the launch of its crypto derivatives products for European customers. The services are being offered under a Cyprus licence acquired by the American crypto exchange earlier this year. Kraken Begins Operating from Cyprus The exchange can passport its Markets in Financial Instruments Directive (MiFID II) licence from Cyprus to offer crypto […]
In April, Mantra’s OM token dumped by more than 90%, going from $6.30 to less than $0.50 in only a few hours after $227 million worth of tokens were shifted to exchanges. The event made many worry about liquidity, insider trading, and the lack of clarity in the crypto market. This is simply one of […]
FXIFY, the oldest broker-backed prop firm, is proud to celebrate its second anniversary, marking two years of industry-defining innovation, trader-first policies, and rapid global growth. Since its inception, FXIFY has paid out over $30 million to its traders and now serves a global community of more than 200,000 active users. In the first quarter of […]
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May
May
Advisers managing the bankruptcy of FTX are preparing to distribute $5 billion to the company’s creditors. This will be the second payout this year. The first round began in mid-February. In the February round, repayments started with customers in the “Convenience Class.” These are individuals with claims of $50,000 or less. They are receiving full […]