Cryptocurrency Latest News & Updates
Robinhood adds Bitcoin to balance sheet with $25 million purchase
Robinhood has added $25 million worth of Bitcoin to its balance sheet as the trading platform puts company capital behind a crypto business spanning trading, tokenized stocks, derivatives and blockchain infrastructure. Summary Robinhood has added $25 million worth of Bitcoin to its balance sheet, with crypto chief Johann Kerbrat describing the purchase as an effort to align the company with the crypto community. The purchase comes as Robinhood ex...
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Parataxis Ethereum drops Korea merger over delisting risk
Parataxis Ethereum has canceled its planned takeover of Parataxis Korea after a delisting dispute and potential shareholder cash demands made the merger timeline difficult to predict. Summary Parataxis Ethereum canceled its planned merger with Parataxis Korea after both boards approved termination Tuesday. The companies withdrew a November 27 shareholder meeting after merger timing became difficult to predict. Parataxis Korea remains in a court f...
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Can ETH reach $3,000 after POAP founder moves $10.8M?
Summary POAP founder Patricio Worthalter deposited 4,000 ETH worth $10.79 million into Gemini, Lookonchain reported today. Worthalter still holds 54,967 ETH valued near $149 million after the transfer, according to Ember. Ethereum trades near $2,730, with weekly RSI at 64.48 and MACD remaining bullish currently today. Analyst Crypto Patel’s $60,000 Ethereum target remains a conditional long-term bull-case projection, not confirmed forecast. POA...
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