Everything web3, crypto, defi, degen
Kraken is doubling down on trader empowerment. By increasing margin trading leverage from 2x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: ADA, LINK, AVAX, SUI and LTC! 10x margin trading is now…
In brief 21Shares filed with the SEC for the first SEI ETF tracking the Sei blockchain token with potential staking rewards for additional yield. The application joins a set of altcoin ETF filings as fund managers target smaller digital assets beyond Bitcoin and Ethereum. Canary Capital filed a similar SEI ETF application in May. Asset…
Kraken has been selected by the U.S. Department of Commerce to facilitate a groundbreaking initiative unveiled this morning by President Donald Trump and Secretary Howard Lutnick. The initiative, which will distribute U.S. gross domestic product (GDP) data on nine major public blockchains, marks a milestone in the use of blockchain technology to enhance transparency in…
In brief Grayscale submitted a registration statement for its Avalanche Trust. VanEck is also seeking approval for an Avalanche ETF in the U.S. Analysts are eyeing a round of crypto ETF approvals in October. Crypto asset manager Grayscale submitted a registration statement for its Avalanche Trust to the U.S. Securities and Exchange Commission on Friday,…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors are red again, down another 2%; BTC at $113,200 Wyoming introduces its stablecoin FRNT, first-ever from a public entity Goldman…
In brief Blockchain security firms on Thursday flagged that nearly $50 million in crypto had suspiciously left the exchange BtcTurk. The crypto exchange then said it had stopped withdrawals and is investigating the transfers. Hackers previously stole $54 million from BtcTurk in 2024. Turkish crypto exchange BtcTurk on Thursday froze customer withdrawals after blockchain analysts…
In brief Visa has expanded its stablecoin settlement support to include PYUSD, USDG, and EURC across Avalanche and Stellar networks. The move adds to existing support for Ethereum and Solana, widening Visa’s stablecoin infrastructure amid broader institutional adoption. The announcement comes weeks after the U.S. passed the GENIUS Act, introducing the country’s first federal regulatory…
In brief Binance Smart Chain’s native token BNB set a new all-time high of $858 as it surged 7% on Monday. Other altcoins like Optimism, Injective, and Worldcoin have all seen gains, as Bitcoin dominance drops from a four year high last month. Predictors on Myriad Markets believe that Ethereum is 68.5% likely to set…
In brief HYPE is currently trading for just above $43. That means Hyperliquid needs a 60% surge in price for the token to hit $69.69 before September. Predictors on Myriad place the odds of that happening at 30%. Here’s what the charts have to say. Will Hyperliquid’s native token continue to ride the HYPE and…
We’re committed to providing traders with greater flexibility and control, and are excited to announce a significant expansion of our margin collateral options on Kraken Pro.With this update, the number of collateral currencies you can use for margin trading increases from 23 to 38, offering a broader range of assets to integrate into your trading…
