The crypto market continues its rally, with $BTC now back above the $100K level. As of now, $BTC is trading at $103,274 and $ETH at $2,206. Bitcoin dominance stands at 64.52%.
Coinbase has acquired Deribit for $2.9 billion—comprised of $700 million in cash and 11 million shares. In Q1 2025, Coinbase reported revenue of $2.03 billion, slightly below the $2.12 billion estimate, and earnings per share of $0.24, significantly missing the $1.98 forecast.
A few headlines include: Trump announced a trade framework with the UK aimed at reducing barriers for agricultural, chemical, energy, and industrial goods; Meta is exploring stablecoins to reduce payment costs; and Celsius Network founder Alex Mashinsky has been sentenced to 12 years in prison for crypto fraud.
Over the past 24 hours, the top three gainers were $VIRTUAL, $BRETT, and $PEPE, while the top three losers were $KAITO, $PAXG, and $BDX.
