Everything web3, crypto, defi, degen
We are making four new pairs available for margin trading, taking our total to over 240 markets enabled for margin trading on Kraken Pro! Margin trading is now available for: Here’s some more information about the token: Mantle (MNT) is an Ethereum Layer 2 solution with a goal of creating an EVM-compatible scaling solution. Featuring…
In brief Bitcoin is down 4% this month, defying its historical 19.84% average return for October. Analysts say on-chain data and failed rallies point to a continued correction phase. Sharp price swings reflect a market torn between institutional optimism and macro risks. Bitcoin’s recovery this week continues to lag, leaving most altcoin performances in the…
In brief Ethereum was up slightly, even after ETFs lost $145 million on Monday. The delayed U.S. CPI report, now set for October 24 due to the ongoing government shutdown, has become a key risk trigger. Bitcoin ETFs have rebounded faster than Ethereum funds, with institutions showing stronger confidence in BTC as its dominance remains…
In brief Galaxy Digital disclosed $505 million in Q3 profits. Assets on Galaxy’s platform reached a record $17 billion. The firm recently unveiled a Coinbase and Robinhood competitor. Galaxy Digital shares jumped on Tuesday after the institutional crypto firm reported $505 million in third-quarter profits amid an increasing amount of assets on its platform.The New…
In brief Governments are balancing modernization against monetary control, testing how far private stablecoin infrastructure can integrate into national systems. The region is moving from policymaking to real-world rollouts, with Japan’s banks leading institutional pilots and Singapore setting a regulatory benchmark. Competing models are emerging: bank-issued domestic coins, open but regulated innovation hubs, and conservative…
In brief Bitcoin odds on the prediction market Myriad have flipped from 75% bearish (expecting $100K) to 52% bullish (expecting $120K) in just three days. Technical indicators show mixed signals on varying timeframes. October—historically Bitcoin’s strongest month—is shaping up to be the worst since 2020. Bitcoin is taking prediction market traders on a wild ride.Just…
In brief Crypto prices plunged last week. Bitcoin miner BitMine Immersion saw this as a buying opportunity and bought over 200,000 ETH. The NYSE-listed firm now holds over $13 billion in crypto. Ethereum treasury BitMine Immersion bought the dip, snapping up 203,826 ETH last week to bring its current holdings to over 3.2 million digital…
In brief BlackRock’s iShares Bitcoin ETP is now available to UK retail investors on the London Stock Exchange, backed by bitcoin held through Coinbase custody. BlackRock’s U.S. Bitcoin ETF became the firm’s most profitable fund in just 21 months, though it fell short of the $100 billion milestone amid last week’s market crash. BlackRock CEO…
By Arjun Sethi, Kraken co-CEO The illusion of liquidity It happened in September 2019 when overnight repo rates spiked to 10%. It happened in March 2020 when Treasury markets seized and the world’s benchmark “risk free” asset had no bid. It happened again in March 2023 when regional banks failed and the Fed had to…
In brief Experts believe that some crypto traders are selling as they are following the classic four-year cycle rulebook. Historically, Bitcoin has followed a four-year cycle (with altcoins following suit), and believers are fearful a crash is looming. However, many analysts believe that the classic four-year cycle will be broken due to institutional adoption and…
