Author: NBTC
Coinbase is still open to more acquisitions after $2.9B Deribit deal, says CEO Brian Armstrong
Coinbase’s strategic acquisitions could significantly enhance its market position and influence in the evolving crypto industry landscape. The post Coinbase is still open to more acquisitions after $2.9B Deribit deal, says CEO Brian Armstrong appeared first on Crypto Briefing. Coinbase is ready to spend more on acquisitions after reaching a $2.9 billion deal to acquire Deribit, said CEO Brian Armstrong on Bloomberg Television today. Deribit is the leading platform for Bitcoin and Ethereum options trading. The acquisition is Coinbase’s largest so far. With a strong balance sheet in hand, Coinbase is actively scouting M&A deals, Armstrong said, but the company…
Recently, monero ( XMR) captured attention when reports surfaced of hackers converting 3,520 stolen BTC into XMR. Interestingly, the privacy-oriented cryptocurrency has notably outperformed both BTC and ETH so far this year. Over the Last 12 Months, Monero Outperformed Bitcoin and Ether Throughout 2025, monero (XMR) has delivered impressive market returns, steadily increasing in value from early January to May. Climbing from approximately $197 at the beginning of January to $285 in the first week of May, XMR registered a solid 45% gain. This notable spike became especially pronounced in April, coinciding with the timing of the high-profile bitcoin theft…
Injective (INJ), a blockchain built specifically for decentralized finance (DeFi), has recently integrated Upshift, a major institutional-grade yield platform. Managing over $250 million in deposits, Upshift’s arrival on Injective promises to bring complex, high-performing yield strategies to everyday retail users. Image: Injective Upshift’s Institutional-Grade Yield Platform Upshift recently spun out from prime brokerage August, which raised $10 million in funding earlier this year. The platform focuses on simplifying sophisticated DeFi yield opportunities, previously limited to hedge funds and professional investors, making them accessible through automated vault strategies. These strategies span 15 different blockchains and enable users to earn attractive annual…
U.S. community banks face extinction-level risk as they ignore crypto rails and real-time payment tech, warns top digital asset advocate. Crypto Offers Lifeline as US Community Banks Continue to Shrink Cody Carbone, newly appointed chief executive officer of the Digital Chamber, voiced concern Wednesday on social media platform X about the accelerating decline of community banks in the United States. The Digital Chamber chief highlighted a decades-long contraction in the number of banks, pointing to what he sees as a missed opportunity for innovation in the sector. He posted: “Sad. U.S. community banks have been swallowed as the number of…
Crypto community member David Hollmer proposed via X (formerly Twitter) a strategy for the Artificial Superintelligence Alliance (ASI). Hollmer urged ASI, formed from the ongoing Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) token merger, to accept payments for its AI services using any cryptocurrency, not just the native FET/ASI token. @HMsheikh4 @Fetch_ai @ASI_Alliance Yes, I’ve been thinking about this a lot. I think you should make it possible, that your services can be paid for in ANY money or money token effortlessly. Because it really doesn’t matter, what people pay with. As long as it’s transparent,… — David Hollmer…
Nyan Heroes, a free-to-play multiplayer game developed on the Solana blockchain, is officially shutting down, according to a statement made by developer studio 9 Lives Interactive. The studio cited the inability to secure the funds necessary to complete the game. Nyan Heroes, which recently completed its fourth game test on the Epic Games Store, also hosted the largest “play-to-earn” airdrop event on the Solana blockchain. The full version of the game was planned to be released next winter. The Overwatch-style PC game launched its first pre-alpha test in March 2024 and has reached over a million players in four rounds…
Raoul Pal, Real Vision CEO and well-known macro investor, specific NFTs could see a strong resurgence if Ethereum (ETH) builds momentum towards establishing a new all-time high (ATH). In a post on X, Pal pointed to key NFT collections that could see strong upside if ETH reaches new peaks. NFTs to Benefit From Ethereum’s Momentum Pal stated that he is “forming a view” that a renewed Ethereum bull market will lift NFT assets tied closely to its ecosystem. Among those he named were CryptoPunks and Bored Ape Yacht Club (BAYC), citing their prominence and cultural status. Related: Adidas Launches Exclusive…
Bitcoin and Ethereum exchange-traded funds (ETFs) recorded net outflows on May 14, 2025, according to data from Lookonchain. This combined pullback from crypto ETFs reflects a degree of investor caution or profit-taking, despite generally strong holdings remaining across these top investment vehicles. Fidelity Bitcoin ETF Sees Major Withdrawal The Fidelity Wise Origin Bitcoin Fund (FBTC) reported the largest single-day outflow, shedding 873 BTC worth around $90.69 million. Despite the dip, Fidelity still holds 198,247 BTC, valued at roughly $20.6 billion. This drop contributed to the overall net outflow of 915 BTC across 10 major Bitcoin ETFs. The total Bitcoin held…
President Donald Trump and his family are generating billions from cryptocurrency, according to a new report from State Democracy Defenders Action. The nonprofit organization, which claims to be “fighting autocracy,” estimates that nearly 40% of Trump’s net worth now comes from digital assets, totaling around $2.9 billion. That crypto windfall stems from Trump’s personal memecoins, Official Trump (TRUMP) and Melania (MELANIA), and a sizable stake in World Liberty Financial (WLFI), a Trump-affiliated crypto exchange launched in 2024. You might also like: TRUMP coin soars 73% on dinner hype — but July’s unlocks could tell a very different story While the…
Right this moment, thousands of AI agents trained on billions of Solana transactions are acting as meme coin traders, competing to rack up as many tokens as they can while fighting through simulated economic disasters and pump-and-dump schemes—just like real traders. And so far, they really seem to be into hot dogs. It’s all part of a crypto game called DX Terminal, with AI agents that were minted as NFTs on Coinbase’s Ethereum layer-2 network Base. They’re all competing as part of a one-week experiment being conducted by DX Research Group, a research lab working at the intersection of AI…