🌙 Stripe Acquires Bridge for $1.1B

intech company Stripe has finalized its largest acquisition to date, snapping up stablecoin platform Bridge.

Author

Mike Gavela
October 21, 2024

In partnership with

Crypto Roundup - October 21

Stripe has made headlines with its acquisition of stablecoin platform Bridge for $1.1 billion, marking a significant move into digital payments infrastructure. Meanwhile, Bitcoin is nearing $70K, driven by a surge in open interest, now reaching $40 billion, as anticipation grows around the Trump-Harris election. In other developments, a major airdrop for the PUMP Fun Token has been announced, capturing the attention of the crypto community.

Top Stories

  • Stripe acquires stablecoin platform Bridge for $1.1 billion.

  • Bitcoin nears $70K with record open interest hitting $40 billion.

  • PUMP Fun Token announces major airdrop, exciting the crypto community.

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TOP STORIES

Stripe acquires stablecoin platform Bridge for $1.1 billion

Bridge confirmed the rumored acquisition and stated that the partnership with Stripe will spread the adoption of stablecoins globally.

cryptoslate.com/stripe-acquires-stablecoin-platform-bridge-for-1-1-billion

Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears

Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

www.coindesk.com/markets/2024/10/21/bitcoin-nears-70k-amid-record-open-interest-at-40b-as-trump-harris-election-nears

Pump.fun Plans Token Airdrop as Activity Surges on Bankless

www.bankless.com/pump-fun-token-airdrop-plans

FUNDRAISING

OTHER HEADLINES

Donald Trump serves fries at McDonald's five days after flop crypto launch

Five days after the disappointing launch of Donald Trump's World Liberty Financial, he was filmed serving food at a Pennsylvania McDonalds.

protos.com/donald-trump-serves-fries-at-mcdonalds-five-days-after-flop-crypto-launch

'I Just Like Dogecoin': Elon Musk Pumps Meme Coin to 4-Month High - Decrypt

Elon Musk insists that he's not "actively involved" in crypto, but his recent Dogecoin mentions appear to be pumping the meme coin's price.

decrypt.co/287505/elon-musk-likes-dogecoin-4-month-high

Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP

Chris Larsen has donated more than $11 million to the vice president's election effort, sending millions worth of the crypto token to the Democratic super PAC Future Forward, according to his comments and federal records.

www.coindesk.com/policy/2024/10/21/ripple-co-founder-larsen-flooding-kamala-harris-election-effort-with-xrp

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