Everything web3, crypto, defi, degen
In brief A Bitcoin address holding over $50 million in the leading cryptocurrency moved some of its stash on Thursday. It was the first time since 2012 BTC had been moved from the address, blockchain data shows. The movements come as a number of large crypto holders have made transactions. An address holding 479 Bitcoin—worth…
In brief Lawyer John Deaton believes that the group known as the XRP Army made a difference in the SEC’s case against Ripple. In 2023, a judge issued a split ruling that XRP sales via public exchanges did not violate securities laws. The legal saga came to a close this August as all appeals were…
September 4, 2025 | Asset Listings We’re thrilled to announce that ZIG is available for trading on Kraken! Funding and trading ZIG trading is live as of September 4, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Whales have increased their ETH holdings by 14% in the past five months. The uptick in interest comes amid massive institutional interest surrounding the second-largest crypto. Ethereum’s year-to-date returns and ETF inflows have both outpaced Bitcoin’s, showing the pivot in narrative. Ethereum’s outlook is flipping increasingly bullish as whale cohorts ramp up their…
In brief Bitcoin ETFs recorded two consecutive days of inflows exceeding $300 million, totaling $633.3 million across both sessions, the strongest two-day performance since early August. Fidelity’s FBTC led Tuesday with $132.7 million in inflows, while BlackRock’s IBIT dominated Wednesday with $289.8 million in inflows. Analysts characterized the movement as “concentrated dip-buying” rather than a…
In brief CalPERS candidates were split on crypto investments, ranging from outright rejection to cautious consideration. The fund holds 410,596 MicroStrategy shares valued at $165.9 million, creating substantial indirect Bitcoin exposure. One challenger wouldn’t “close the door entirely” on crypto, while another called blockchain technology “promising” California state pension fund CalPERS recorded mixed reactions from…
In brief Crypto exchange Bullish debuted on the New York Stock Exchange in August. Its stock soared to more than triple the initial offering price. But analysts at Compass Point say it’s currently trading too high. Analysts at investment bank Compass Point initiated coverage of crypto exchange Bullish with a neutral rating and a $45…
In brief The queue to become an Ethereum (ETH) validator, which allows you to stake the cryptocurrency, has reached the highest level since September 2023. Analysts think this may be partly due to the surge of investment in ETH treasury firms, which often engage in staking. Lower network fees on the blockchain were also highlighted…
In brief U.S. Bank, the fifth largest bank in the United States by assets, is offering Bitcoin custody services again. The service will be for institutional investment managers. U.S. Bank first announced the service in 2021 but had to pause it. Financial services giant U.S. Bank has restarted its crypto custody operations after pausing the…
September 3, 2025 | Asset Listings We’re thrilled to announce that LsSOL is available for trading on Kraken! Funding and trading LsSOL trading is live as of September 3, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
