Bitcoin’s price surged to $59,000, driven by significant strategic moves and geopolitical developments Russia’s legalization of cryptocurrency for trade and increased whale activity are key factors driving Bitcoin’s bullish trend. Bitcoin spiked from a bloodbath to greenish trading at around $59,580 as market participants awaited critical economic information that could impact the asset’s near-term trajectory. This is one of the reasons why Bitcoin’s future remains uncertain in the face of...
Read More »Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk
100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley, has bought 100% of CoinDesk stocks. It is known that it was an all-cash deal. However, financial terms remain undisclosed. Coindesk’s Deal and Strategic Implications Bullish plans to fuel CoinDesk’s global expansion and support the growth of its media, events, and...
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