Crypto Trading Boost as Wells Fargo Partners with Kraken
@Payward, parent company of Kraken, is in talks with Wells Fargo to provide crypto trading liquidity. Discussions are ongoing; no deal confirmed. #Update #Crypto $BTC $ETH
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@Payward, parent company of Kraken, is in talks with Wells Fargo to provide crypto trading liquidity. Discussions are ongoing; no deal confirmed. #Update #Crypto $BTC $ETH
@PolygonLabs expands Open Money Stack by integrating the TRON network for stablecoin payments, enabling seamless cross-border transfers without separate banking connections. #Update #Crypto $USDT
Zcash’s shielded transactions surged, with 4.9M $ZEC in the shielded pool as privacy features gain traction. Grayscale launched a $ZEC product, attracting nearly $1B in assets. #Update #Crypto $ZEC
@Gate plans to launch an all-in-one money app enabling users to convert and spend assets like $NVDA without cash, targeting broader markets, especially in Asia. #Update #Crypto $BTC
Kazakhstan’s National Bank is collaborating with @Tether to explore a stablecoin pegged to the tenge and asset tokenization, aiming for a pilot proposal. #Update #Crypto $USDT
Europol warns that quantum computers threaten exposed private keys rather than blockchains, with 6.9M $BTC at risk from early wallet addresses. Updating to quantum-resistant formats could take up to 300 days. #Update #Crypto $BTC
Ether $ETH is set to lose a major buyer as @Bitmine will halt purchases after reaching 5% of circulating supply, having accumulated nearly 6 million $ETH worth about $15.5 billion. #Update #Crypto $ETH
@GSR is launching a $100M onchain credit business, Hare, to manage vaults for institutional investors, enhancing asset utilization in onchain finance. #Update #Crypto $BTC $ETH
@HSBC and @StandardChartered completed the first live interbank transaction using Swift’s ledger in August, enabling faster cross-border payments. Taurus also announced integration with Swift for banks. #Update #Crypto $USDT
Bitcoin’s price remains under pressure, with ETF inflows needing to exceed $300M for a bullish signal. Investors are accumulating during dips, targeting $100K+ for Bitcoin. #Update #Crypto $BTC
Bitcoin’s price remains below $84,000, with the 2025 buyer cohort underwater at an average cost basis of $88,000, impacting market resistance levels. #Update #Crypto $BTC
@Robinhood adds $25 million in Bitcoin to its balance sheet, joining over 170 firms holding BTC as treasury assets. Current corporate holders include @Tesla and @Block. #Update #Crypto $BTC
@Rain is seeking a national trust bank charter from the Office of the Comptroller of the Currency to provide custody and stablecoin services without accepting deposits or making loans. #Update #Crypto
U.S. government wallets transferred over $100 million in crypto, including 833.599 BTC ($71.6M) and 40,285 BNB ($31.63M), but no sale confirmed; still holds $27.5B in seized assets. #Update #Crypto $BTC $BNB