Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase. What to know: Italy's largest bank by assets, Intesa Sanpaolo, has purchased 11 BTC worth $1 million. Intesa set up a proprietary…
The UK government has initiated a consultation to evaluate a potential ban on ransomware payments for operators of critical national infrastructure. The proposal, unveiled by the Home Office on January 14, suggests a “targeted ban” to include sectors such as…
Options linked to BlackRock's spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit's BTC options market. What to know: Notional open interest in IBIT options stood at $11 billion on…
Bitcoin and Ether options trading platform Deribit is reportedly working with a financial adviser to explore strategic acquisition opportunities. The platform has received acquisition offers from interested investors, a Bloomberg report noted. Deribit has hired Financial Technology Partners (FT Partners)…
BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December. What to know: BTC's swift recovery from $89K Monday hints at seller exhaustion. The pattern is inverse of price action…
The Bank of England has announced the launch of the Digital Pound Lab, a new initiative to experiment with potential applications and technical frameworks for a central bank digital currency (CBDC). According to a recent report by the UK’s central…