Fundstrat's head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target. What to know: Fundstrat's Head of research Tom Lee, calls for end of year target for bitcoin between $200,000 to $250,000…
The Democratic People’s Republic of Korea (DPRK)-backed hackers have stolen at least $659 million in 2024 through various crypto heists. The USA, Japan and South Korea released a joint statement Tuesday, detailing North Korea-linked crypto thefts and their targeted entities.…
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)…