The post Crypto Options Exchange Deribit Might be Sold for $4-5 Billion appeared on BitcoinEthereumNews.com. Crypto options exchange Deribit is considering acquisition deals from several anonymous parties. Although the company claims it has a total trading volume of over $1 trillion, it’s surprisingly seriously considering a sale. Kraken reportedly considered signing this deal with Derebit, […]

The post US Supreme Court Rejects Binance Petition to Avoid Class Action Lawsuit appeared on BitcoinEthereumNews.com. The U.S. Supreme Court has rejected a petition from Binance and its founder, Changpeng Zhao. The two parties sought a review of a ruling that applies U.S. securities laws to the exchange despite its lack of a physical headquarters. […]

The post OpenAI Adds BlackRock’s Adebayo Ogunlesi to Board as AI infrastructure push intensifies appeared on BitcoinEthereumNews.com. OpenAI includes Blackrock Inc. executive Adebayo Ogunlesi on its board of directors. The AI startup is hoping to use his expertise to advance the development of its artificial intelligence infrastructure.  The company is prioritizing its resources on data […]

The post Gensler Suggests Bitcoin’s Unique Potential Amid SEC Transition and Regulatory Scrutiny appeared on BitcoinEthereumNews.com. In a defining moment of his tenure, SEC Chair Gary Gensler emphasized Bitcoin’s unique positioning as a distinct asset class, diverging it from other cryptocurrencies. Gensler’s statements reflect a broader skepticism toward many cryptocurrencies, suggesting that they lack the […]

The post There will be no interest rate cuts by the Federal Reserve this year appeared on BitcoinEthereumNews.com. Forget about rate cuts this year. The Federal Reserve is not budging, no matter how much Wall Street begs for a break. Inflation is being stubborn, the labor market refuses to chill, and the government is racking […]

The post Potential For Dogecoin Breakout As Market Patterns Emerge appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) is making headlines as it displays resilience amidst market fluctuations, hinting at a potential breakout in early 2025. With key technical indicators aligning positively, numerous analysts are starting to draw parallels to DOGE’s previous bull runs, particularly the surge witnessed […]

The post Corporate Giants Embrace Bitcoin Investment Trends appeared on BitcoinEthereumNews.com. Matt Hougan, Chief Investment Officer of Bitwise, has spotlighted pivotal trends that are steering corporate adoption of Bitcoin. He asserts that the notable use of Bitcoin by MicroStrategy as a reserve asset signifies a larger movement poised for significant expansion among corporations. How is […]

The post USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation data appeared on BitcoinEthereumNews.com. USD/CAD softens to near 1.4350 in Wednesday’s early Asian session.  US inflation is still slowing as the PPI came in below expectations in December. Higher crude oil prices support the commodity-linked Loonie.  The USD/CAD pair remains on the defensive […]

The post Ripple donates $100k in XRP for California wildfire relief appeared on BitcoinEthereumNews.com. Ripple has pledged $100,000 in XRP to aid recovery efforts for communities affected by the ongoing California wildfires. The donation will benefit nonprofit organizations World Central Kitchen and GiveDirectly, focusing on both immediate relief and long-term rebuilding support. The contribution, facilitated […]

The post The Journey of Chris Giancarlo: From CFTC to Digital Dollar appeared on BitcoinEthereumNews.com. Chris Giancarlo led the CFTC and revolutionized U.S. crypto regulation, earning the nickname “Crypto Dad.” He co-founded the Digital Dollar Project to explore a U.S. Central Bank Digital Currency and ensure financial innovation. Chris Giancarlo was born on May 12, […]