This article is adapted from The Block's newsletter "The Daily," reporting on key events such as Bitcoin surpassing the $100,000 mark again, Coinbase's record-breaking $2.90 billion acquisition of Deribit, Arizona becoming the second U.S. state to pass a cryptocurrency reserve bill, and former President Trump's angry response to posts about XRP crypto reserves.

Background: Bitcoin is increasingly being adopted by institutions and geopolitics, potentially becoming a global reserve asset earlier than expected.

Main events:
1. Coinbase agreed to acquire the crypto options and futures trading platform Deribit for approximately $2.90 billion, setting an industry record.
2. Bitcoin price surpassed $100,000 for the first time since February, rebounding near the April lows.
3. Arizona signed HB 2749, incorporating cryptocurrencies into the state's unclaimed property system.
4. Trump expressed anger over a post written by a Ripple-related lobbyist regarding including XRP, Solana, and Cardano in a "crypto strategic reserve."
5. The notorious ransomware group LockBit was hacked, exposing numerous Bitcoin addresses and victim information, though private keys were not leaked.

Additionally, Superstate launched the "Opening Bell" platform, planning to tokenize SEC-registered stocks, with Solana as the preferred blockchain.

The article also mentions SoSoValue.

The following article is adapted from The Block’s newsletter,The Daily, which comes out on weekday afternoons.Happy Thursday! Bitcoin's growing institutionalization and geopolitical adoption are reshaping its role from rebellious tech to potential global reserve asset "sooner" than most think, Bitcoin Inc CEO David Bailey said on the latest episode of The Scoop podcast.In today's newsletter, Coinbase agrees to acquire Deribit for a record $2.9 billion, bitcoin retakes $100,000 for the first time since February, Arizona becomes the second U.S. state to pass a crypto reserve bill, and more.Meanwhile, Superstate unveils "Opening Bell" — a platform to bring SEC-registered equities onchain, starting with Solana.Let's get started.U.S. crypto exchange giant Coinbase has entered into an agreement to acquire crypto options and futures trading platform Deribit in a deal worth approximately $2.9 billion — a new industry record.Bitcoin surged past $100,000 on Thursday for the first time since February, rebounding sharply from April lows of around $75,000 tied to President Trump's volatile tariff policy.Arizona became the second U.S. state to pass a bitcoin reserve bill into law, with Governor Katie Hobbs signing HB 2749 on Wednesday to integrate crypto into the state's unclaimed property system.President Trump became furious after learning a Truth Social post, saying XRP, Solana, and Cardano should be included in a "Crypto Strategic Reserve," was crafted by a lobbyist tied to Ripple, according to Politico.A hack on the notorious ransomware gang LockBit, known for demanding payment in cryptocurrencies, exposed nearly 60,000 Bitcoin addresses, over 4,400 victim negotiations, and numerous affiliate password credentials — though no private keys were leaked.Never miss a beat with The Block'sdaily digestof the most influential events happening across the digital assetecosystem.

Daily News Flash: Bitcoin Returns to 100 Thousand USD, Coinbase Acquires Deribit for 2.90 Billion USD, Trump Angry Over XRP Reserve Posts