After a digital assets pullback in the U.S. over the past two years, Jump is accelerating crypto trading in America and bumping up headcount, people familiar with the matter said.
The fund is 20% larger than its predecessor $500 million fund, which closed around three years ago
Bitcoin rose earlier this week, but initial excitement from Trump’s strategic reserve plans was short-lived due to profit-taking amid the lack of concrete plans and a risk-off mood in broader equity markets.
Binance open interest drops below 100,000 BTC, lowest level in over a year.
Inflows to exchanges from funds and traders usually imply an intention to sell, as large token holdings are usually stored in cold (or offline) wallets.
Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.
Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service
The DXY index has now dropped to its lowest level since mid-November.
The upgrade, which introduces smart contract capabilities for wallets and increases validator stake limits, is nearing deployment.
Aave’s cash pile has ballooned by 115% to $115 million since mid-2024, with the platform’s GHO stablecoin hitting a $200 million supply and reporting strong revenues.