Everything web3, crypto, defi, degen
In brief Over the past week, investors been pulling money out of Bitcoin and Ethereum ETFs. But on Tuesday, they reversed course, putting a combined $618.9 million into the funds. Experts told Decrypt that crypto markets path forward remains uncertain. Investors piled back into Bitcoin ETFs and their Ethereum counterparts Tuesday, reversing days of outflows,…
In brief Meme stock traders have rallied behind Beyond Meat after noticing a stack of short sellers targeting the stock. Investors jumping on the trend are hoping to replicate the mania of GameStop’s 2021 short squeeze. So far, BYND has pumped by nearly 1,000% over the last five trading days. Meme stock traders believe that…
In brief Bitcoin’s price is weathering a “fear-drive selloff,” according to Standard Chartered’s Geoff Kendrick. It could fall below $100,000, but that may be the last time, he wrote. After surging to new all-time highs, gold showed weakness on Tuesday. As investors react to developments between the U.S. and China over tariffs and trade, Bitcoin’s…
Throughout the quarter, Kraken accelerated that momentum – introducing new product categories, enhancing client experiences and expanding platform-wide capabilities to strengthen our full product suite. Our results demonstrate the scalability of our multi-product platform and the resilience of our model in a fast-changing market. By pairing innovation with discipline, we continue to lay the foundation…
In brief Stock exchanges in Hong Kong and India have rejected companies attempting to pivot to Bitcoin treasury strategies, with none receiving regulatory approval in recent months. Experts have questioned if digital-asset treasuries are justified, warning they risk becoming “volatility arbitrage shells disguised as leveraged Bitcoin plays” that harm retail investors. Jetking Infotrain’s Siddarth Bharwani…
In brief ChinaAMC’s Solana ETF will be Hong Kong’s first spot fund offering direct exposure to SOL, set to begin trading Oct. 27. The ETF will invest entirely in SOL and track the CME CF Solana-USD Index based on the APAC reference rate. Observers say the move shows Hong Kong’s confidence in expanding its regulated…
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 Last year, $10 million was sent to a pre-sale wallet for the hotly anticipated Solana meme coin Slerf. The dev accidentally burned it all. Now, 19 months later, the Slerf dev has finally refunded every pre-sale participant in Solana tokens. The milestone was reached as the meme coin migrated to a new token…
In brief Citi has given Strategy a “buy” rating and a price target of $485. But the bank warned that the stock could dip with the price of Bitcoin. Strategy closed Tuesday trading at nearly $302 per share. Citi has given Strategy stock a “buy” rating and a price target of $485, citing the investment…
