Here are the three best news stories presented by U.today.
Buy Coinbase Defibit for approximately $ 3 billion
After purchasing a $ 1.25 billion in Hidden Road, it shook the encryption industry with another amazing acquisition. As I mentioned By Wall Street Journal, Coinbase, the exchange of the United States, Agree to the purchase Defibit trading options for $ 2.9 billion. This is the largest deal for Coinbase and the coded currency industry in general. As stated in the report, the deal was funded for $ 700 million in cash and 11 million shares of regular category A to the Stock Exchange. In the aftermath of the news, Coinbase shares increased by approximately 5 % in the pre -market trade, coinciding with an increase in bitcoin price. With the help of this acquisition, Coinbase aims to strengthen its position in the growing coding derivative market. Earlier this year, Bloomberg reported that the two companies were in “advanced discussions”, but it was not clear whether any final agreement had been reached at that time.
Agreement for the settlement of the ripples submitted by the Supreme Education Council
Yesterday, May 8, it is again He has presented A letter to judge Analisa Torres, confirming this He reached a settlement agreement With ripple. The two parties jointly request an indication of Judge Torres. Previously, the second circle stopped calling to allow the parties to end their settlement. Once the case is re -imprisoned, the provincial court can formally approve the settlement, allowing Ripple and SEC to drop their appeal. The letter confirms that the Ripple penalty has been reduced to $ 50 million from 125 million dollars; The remaining amount will be returned to the company. In addition, a judicial order imposed by Judge Torres must be raised as part of this agreement. The parties also agreed that they would not seek to evacuate or amend any part of the brief ruling order of the court dating back to July 2023.
6,700,000,000,000,000,000 SHIBA Inu (SHIB) in 24 hours, the beginning of the bull?
According to the recent data on the series, during the previous 24 hours, 6.71 trillion Shaib symbols I moved over the network. This represents a new height for seven days of large transactions, indicating a potential upward transformation in the market. SHIB recovered from 50 EMA, indicating that medium -term support is still in place. At the time of the press, SHIB is traded at $ 0.00001496, an increase of 8.79 % over the past 24 hours, for each coinmarketcap. The chart shows a tightening unification pattern with an increase in the activity on the chain, especially from institutional investors, which may lead to large price movements. If SHIB is able to break and hold more than $ 0.0000140, this may be targeted at a speed of 200 EMA near $ 0.000016, which is a critical resistance level. However, if you fail to maintain this upward momentum, a decline will occur to a scope of 0.0000125-0.0000127 dollars before any reflection occurs in the larger direction in the Q2.
