Kraken Acquires $100M U.S. Derivatives Platform
@Kraken has acquired Small Exchange, a U.S.-licensed derivatives platform, for $100M, enhancing its trading capabilities ahead of a planned IPO in 2026. #Update #Crypto $BTC $ETH
@Kraken has acquired Small Exchange, a U.S.-licensed derivatives platform, for $100M, enhancing its trading capabilities ahead of a planned IPO in 2026. #Update #Crypto $BTC $ETH
Digital asset investment products saw record inflows of $6 billion, driven by macroeconomic concerns from the US government shutdown and weak jobs data, with Bitcoin capturing $3.55 billion. #Update #Crypto $BTC
The US government shutdown could delay regulatory reviews impacting XRP and its ETF applications, with a 73% chance of funding failure before the Oct. 1 deadline. #Update #Crypto $XRP
The Federal Reserve cut the fed funds rate by 25 basis points to 4%-4.25%, marking its first reduction since December 2022 amid a slowing job market. #Update $BTC
@Coinbase’s Faryar Shirzad argues stablecoins do not threaten bank deposits, countering U.S. banking claims and emphasizing their efficiency in payments over traditional banking methods. #Update #Crypto $USDT
Risk assets may face increased volatility post-Fed rate cut on Sept. 17, as VIX futures indicate heightened uncertainty; potential spillover into $BTC expected. #Update #Crypto $BTC
@realDonaldTrump’s recent comments on trade have sparked a surge in Bitcoin interest, with $BTC eyeing the $100K mark. #Update #Crypto $BTC (+6) ↗
China’s central bank added five tonnes of gold to its reserves in March amid rising US-China tensions, while $BTC remains stable above $87,000. #Update #Crypto $BTC (+6) ↗
Fundstrat’s Tom Lee suggests US-China tariff de-escalation could trigger a significant stock market rebound, reducing recession fears and boosting investor confidence. #Update #Economy (+4) ↗
@Coinbase launches Verified Pools on Base, enabling institutions to trade onchain with reduced counterparty risks, enhancing blockchain-based transaction systems. #Update #Crypto (+3) ↗
Solana’s governance saw record participation as SIMD-228 failed with 61.39% approval, while SIMD-123 passed with 74.91%, reshaping validator incentives. #Update #Crypto $SOL (+6) ↗Solana’s governance saw record participation as SIMD-228 failed with 61.39% approval, while SIMD-123 passed with 74.91%, reshaping validator incentives. #Update #Crypto $SOL (+6) ↗
DailyHodl: @KrakenExchange reports 2024 revenue of $1.5B, doubling from 2023, with trading volumes hitting $665B and 2.5M funded accounts. #Update #Crypto (+6) ↗
Anurag Pramod Murarka, an Indian national, received a 121-month prison sentence for laundering over $20 million through darknet platforms and an international hawala network, as announced by the U.S. Department of Justice (DOJ) on Jan. 17. #Breaking #Legal (-9) ↘
@Avalanche is aligning with the Trump administration’s focus on innovation to boost blockchain adoption in the US, announcing a partnership with Aethir to enhance AI projects through a $100M fund. #Update #Blockchain (+6) ↗