BTC falls below the $119000 mark

Coinbase completes $2.9 billion acquisition of Deribit, becoming a global leader in cryptocurrency derivatives According to The Block, Coinbase has completed a $2.9 billion cash and stock acquisition of Deribit, a cryptocurrency derivatives exchange. After the merger, Coinbase leads the global cryptocurrency derivatives market in open contracts and options trading volume. Deribit's annual trading volume reached $1.185 trillion in 2024, a year-on-year increase of 95%. The founders John Jansen and Marius Jansen have withdrawn from the company.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Federal Reserve Musalem: US inflation rate close to 3% According to a report by Golden Finance, @ DeItaone released market news: Federal Reserve Musalem: US inflation rate is close to 3%.

Jeffs' Brands launches $75 million cryptocurrency management plan On August 14th, US listed company Jeffs' Brands (NASDAQ: JFBR) announced the launch of a $75 million cryptocurrency fund management plan. The program is managed by Quantum Crypto, an affiliate of Israeli cryptocurrency company Tectona Ltd. It covers the management of five major cryptocurrencies, including Bitcoin, and provides trading, staking, and other services.

US Treasury Secretary: The United States is establishing Bitcoin reserves as a 'store of value for the people' According to a report by Golden Finance, @ BTC_Archive released market news: US Treasury Secretary Bessent stated that the US is establishing Bitcoin reserves "as a means of storing value for the people".