Upholstered furniture maker MobilaDalin in Reghin, Mures County, a Romanian-owned business started by the Cotoi family 30 years ago, posted RON50.2 million (EUR10.1 million) revenue in 2024, an increase of 2.5% on the previous year’s RON48.9 million (EUR9.9 million), according to ZF’s calculations based on Finance Ministry data.
The deal reflects competition among crypto exchanges to dominate the burgeoning derivatives market. Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives. On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industry’s largest corporate acquisition to date. The deal reflects increasing competition among digital asset exchanges and brokerages — including Coinbase, Kraken and Robinhood — to dominate the burgeoning crypto derivatives market. Read more
Pro Bitcoin traders might use bullish options strategies to build pressure on short sellers. Key takeaways: 97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price. Short covering above $105,000 could trigger a Bitcoin price rally to new highs. Read more