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In a landmark move that signals consolidation in the cryptocurrency industry, Coinbase announced Thursday its acquisition of derivatives exchange Deribit for $2.9 billion. The deal represents one of the largest transactions in crypto history and strategically positions Coinbase to expand its footprint in the lucrative options trading market.

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Bitcoin has soared to a new all-time high, surpassing $106,000. This remarkable increase continues a rally that has seen the cryptocurrency's price climb over 50% following Donald Trump's victory in the 5 November election.

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U.S. President Donald Trump announced the inclusion of five digital assets in a proposed strategic reserve. The selected cryptocurrencies—Bitcoin, Ethereum, XRP, Solana, and Cardano—saw their market values soar within hours of the revelation. Bitcoin alone surged over 11% to $94,164, while Ethereum jumped 13% to $2,516, according to data from CoinGecko. The overall crypto market cap spiked by over $300 billion in response.

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The now-collapsed cryptocurrency exchange FTX has filed a lawsuit against Binance, the world's largest crypto exchange, and its former chief executive Changpeng Zhao. The legal action seeks to claw back a staggering $1.8 billion that FTX alleges was fraudulently transferred by its disgraced co-founder Sam Bankman-Fried.

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The rapid adoption of DeepSeek, a budget-friendly chatbot from a Chinese AI company, has triggered a significant reaction in the US stock market. The app's swift rise to the top of free downloads, overtaking competitors like Chat within a week of its public release, has sparked concern in Silicon Valley. Shares of major AI-related tech companies, including Nvidia, Microsoft, and Meta, saw substantial declines on Monday.

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