BREAKING
- Coinbase announces the acquisition of Deribit, the world's largest crypto options exchange. Coinbase is paying $2.9 billion (in cash and common stock) to become the global leader in crypto derivatives trading.
MORE
- The Bitcoin price rises above $110,000 for the first time, reaching a new all-time high.
- Privately held payments giant Stripe launches a new stablecoin financial account feature in 101 countries.
- US banks are officially permitted to trade cryptocurrencies on behalf of their clients, according to the OCC.
- Robinhood acquires WonderFi for around CAD 250 million, securing two regulated Canadian crypto exchanges as well as access to that market.
- For the first time, a US state (New Hampshire) resolves to invest actively in Bitcoin. From July, 5% of the state budget may flow into cryptocurrencies.
- J.P. Morgan, Chainlink and Ondo successfully execute a cross-blockchain DvP transaction – another milestone in connecting TradFi and DeFi.
- According to reports, Ripple (following its acquisition of Hidden Road last month) has raised its offer for Circle, the second-largest USD stablecoin issuer, from $5 billion to $20 billion.
- German authorities succeed in confiscating servers and cryptocurrencies of the swapper eXch worth EUR 34 million.
- Stablecoin operator Tether aims to burnish its reputation with its first financial audit, thereby providing greater transparency.
- According to the WSJ, J.P. Morgan, BofA, Citi and Wells Fargo are considering launching a joint stablecoin, out of concern about losing deposits to crypto providers.
- Kraken partners with Backed Finance to offer EU clients tokenized Apple shares and others via a Solana-based platform – tradable 24/7.
- Ethereum plans a comprehensive improvement program named 1TS. It is intended to strengthen the blockchain's standing in the market. ETH's technical readiness for mass adoption is to be established.
- Base reaches $3.9 billion in TVL (Total Value Locked), around 41% market share among rollups, clearly overtaking Arbitrum – driven by Coinbase.
- Since the end of April, Bitcoin ETFs have recorded outflows on only 4 of 23 days – BlackRock's IBIT accounts for 94% of all net inflows.
- A study by the University of Cambridge shows that Bitcoin miners are increasingly using renewable energy. Natural gas is the number one energy source of the Bitcoin network.
- The US Senate approves the GENIUS Act by 66 to 32 votes – the bill comprehensively regulates the issuance of stablecoins and prohibits tech firms from issuing their own coins.
SPEAKERS’ CORNER
- As part of an investor roadshow, we had the opportunity to meet MARA's management in person.
- MARA is among the largest listed Bitcoin miners with a clear growth strategy: economies of scale, technological efficiency and access to low-cost – partly renewable – energy.
- The company supports the expansion of green infrastructure, for example through power generation from waste gases and battery storage solutions.
- Currently around 700–900 BTC are mined per month, with no intention to sell in the near term.
- MARA relies on alternative revenue streams and operates its own mining pool ("Slipstream") as well as proprietary software solutions for process optimization – a technological edge through vertical integration.
Translated from the German original, which is the authoritative version. Read the German version
