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🚀 Here is the Bitstamp review, the 10th largest #crypto exchange by spot trading with a daily trading volume of $293.05 mn.

▪️ Founded in Aug 2011, one of the longest-running crypto #CEXs serves about 4 mn users across 100+ countries.

▪️ #Bitstamp’s founders are Damian Merlak and Nejc Kodrič.

▪️ Users have access to 78 cryptos, 170+ #trading pairs, and 3 fiat currencies.

▪️ Bitstamp’s #revenue as of July 2022 was $46.4 mn and in 2021, saw a 6.6% increase in total revenue from $51.89 mn to $55.35 mn.

▪️ Bitstamp's offerings include a #Desktop interface, #Mobile app, Bitstamp #Earn, #API connectivity, etc.

▪️ Bitstamp has raised $12.4 mn in 2 #funding rounds and has made 3 investments including Thalex.

🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6980871710321381376
The overall supply of #Bitcoin on exchanges has dropped from 11.85% to 6.65% over the past year, a historic drop that illustrates the rise in interest in self custody. #Binance, #Coinbase, #Kraken, #Kucoin, and #Bitstamp all reflect this $BTC exodus.
Breaking: #Robinhood Expanding Globally with #Bitstamp Acquisition

#Crypto #CryptoNews #CryptoExchange

🔵 Robinhood, a trading platform, is purchasing Bitstamp, a U.K.-based crypto exchange.

🔵 The acquisition is an all-cash deal valued at $200 million. The deal is expected to close in the first half of 2025.

🔵 Robinhood aims to expand its global presence in the crypto market and attract institutional clients.

🔵 Barclays Capital and Galaxy Digital provided advisory services for both Robinhood and Bitstamp during the sale process.
Top #CryptoNews in Past 12 Hours

1️⃣SEC Chairman
#Gensler stated that the #EthereumETF review "progressing smoothly" but gave no completion date.

2️⃣
#VanEck waived fees for its #Ethereum #ETF until 2025 or $1.5 billion in assets, then 0.2% fee.

3️⃣Florida Republican Congressman Matt Gaetz introduced a bill for federal income taxes to be paid via
#Bitcoin.

4️⃣Bitcoin spot ETFs had a net inflow of $31.0131M on June 25 after 7 days of outflows.

5️⃣Two men sentenced for manipulating
#HYDRO cryptocurrency price.

6️⃣German Government transferred 250 BTC (125 BTC each)( $15.42M) to
#Bitstamp and #Kraken. & transferred 345 BTC ($20.99M) to Flow Trader; wallet holds 45K BTC remaining.

7️⃣
#Binance Will delist $SHIB, $LINK, $Blur, $MEME, $Metis, $NFP, and $OSMO;

8️⃣ Bowman lost NY 16th election to George Latimer; Fairshake's $2M anti-Bowman ads signal pro-crypto influence.

9️⃣SEC Chair
#Gensler's comment on crypto executives going to jail criticized by industry leaders, including #Ripple CEO.
Top #CryptoNews in Past 12 Hours

1️⃣On July 11,
#Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K

2️⃣On July 12, Germany sold 1,200 BTC to
#Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.

3️⃣Jayson Hobby resigned as
#Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.

4️⃣
#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.

5️⃣On July 12,
#Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.

6️⃣The UK Law Commission suggested integrating
#DAOs into existing legal and tax frameworks, avoiding separate regulations.