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Kraken Obtains MiFID License to Provide Derivatives in Europe
In the evolving landscape of cryptocurrency and digital asset trading, Kraken, one of the leading global exchanges, has recently made significant strides through its acquisition of a regulated entity. This strategic move not only enhances Kraken’s operational capabilities but also empowers the firm to offer derivative products throughout the European Union (EU). This development signals…
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Jupiter Secures Majority Stake in Moonshot, Unveils ‘Jupnet’ and $10 Million AI Fund at Catstanbul Event
On a backdrop of burgeoning financial growth and innovation, Jupiter made noteworthy strides within the investment landscape by executing a substantial acquisition during its much-anticipated ‘Catstanbul 2025’ event held in Turkey. This event was pivotal not only for the company but also for the industry, as it showcased Jupiter’s strategic ambitions in the context of…
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FTX Clarifies Claims Regarding Backpack Acquisition and Fund Repayments
In recent developments within the cryptocurrency landscape, FTX has publicly refuted the claims made by Backpack regarding the acquisition of FTX Europe (FTX EU). This statement comes amidst ongoing discussions and speculation surrounding the restructuring of FTX’s operations in the wake of its bankruptcy proceedings. FTX, once a prominent player in the cryptocurrency exchange market,…
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Quantum BioPharma Allocates $1M to Bitcoin and Cryptocurrencies for Treasury Diversification
On December 20, [Year], the company made a significant strategic announcement that reverberated within financial markets: the acquisition of $1 million worth of Bitcoin and various other cryptocurrencies. This bold move by the company stirred varied reactions among investors and analysts alike, ultimately resulting in a notable 10% drop in its stock price. The decision…
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FT Reports: Galaxy Digital Sets Sights on Distressed Crypto Firm Assets
Financial Analyst Report: Galaxy Digital Expands Asset Acquisition into Distressed Crypto Market Introduction: Galaxy Digital, a leading digital asset management firm, has recently reported exponential asset growth, resulting from its successful liquidation deal with FTX. This expansion has led Galaxy Digital to explore further acquisition opportunities in the distressed digital asset market. In line with…
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Riot Platforms Prepares for Halving with Strategic $290M Investment in Bitcoin Mining Equipment
Texas-based Bitcoin (BTC) miner Riot Platforms recently made a significant move to gear up for the upcoming halving event with a strategic $290 million hardware investment. In a statement released on December 4th, Riot announced that they had secured their largest-ever order of hash rate by acquiring 66,560 units of BTC miners from MicroBT. This…