News & Research

U.S.-based stock and crypto trading app Robinhood is set to acquire Indonesian crypto trading firm Pedagang Aset Kripto to expand its presence in the local market, CNBC reported. The acquisition is expected to be finalized in the first half of next year.

Dec. 9 - 3:00 p.m. UTC: U.S. Department of Labor releases September JOLTS report. Dec. 10 - 7:00 p.m. UTC: U.S. interest rate decision, FOMC statement, and economic projections (dot plot) released. - 7:30 p.m. UTC: FOMC press conference. Dec. 11 - 1:30 p.m. UTC: U.S. initial jobless claims released. - 9:30 p.m. UTC: U.S. Federal Reserve releases data on reserve balances and its balance sheet.

U.S. spot Bitcoin ETFs recorded a total net inflow of $54.8 million on Dec. 5, marking a return to positive flows after two consecutive trading days of net outflows, according to data from Farside Investors. The inflows came despite a $32.5 million net outflow from BlackRock's IBIT. Gains were led by Ark Invest's ARKB, which saw $42.8 million in net inflows, followed by Fidelity's FBTC with $27.3 million, VanEck's HODL with $11.4 million, Bitwise's BITB with $4.9 million, and WisdomTree's BTCW with $900,000. Despite the daily gain, the spot Bitcoin ETF category still posted a cumulative net outflow for the week of Dec. 1-5.

Coinbase has announced the addition of IMU and SENT to its listing roadmap.

Hong Kong-based crypto investment firm HashKey Holdings Limited plans to begin taking investor subscriptions for its initial public offering (IPO) as early as next week, Bloomberg reported. The company aims to raise at least $200 million and is targeting a listing before the end of December. However, the offering's size and schedule may change depending on market conditions.

Approximately five hours ago, 153.83 BTC and 16,930 ETH, valued at a total of $67.48 million, were transferred from Coinbase to a wallet owned by BlackRock, according to data from Onchain Lens.

European cryptocurrency exchange WhiteBIT has entered the U.S. market, according to The Crypto Basic. A separate entity, WhiteBIT US, will operate independently to comply with U.S. regulations and has secured the necessary operating licenses. The company is now preparing to launch its services for users in all 50 states.

Prediction market Kalshi has entered into a partnership with U.S. cable news channel CNBC, the network reported. Under the agreement, Kalshi's prediction market data will be incorporated into CNBC's programming. The deal follows a similar partnership Kalshi previously established with CNN.

BTC sidechain VerifiedX has partnered with blockchain infrastructure provider Blockdaemon to integrate its staking and liquidity infrastructure into the Switchblade Wallet and Butterfly social payments app, CoinDesk reported.

Crypto wallet MetaMask has announced the integration of the prediction market Polymarket into its mobile wallet. This update allows users to trade on Polymarket directly within the MetaMask app, eliminating the need to access it through a separate browser.