Everything web3, crypto, defi, degen
CRYPTO ALL GREEN, PPI TODAY, PUMP & IP LEAD ALTSCrypto mixed ahead of PPI, SOL outperforms. ETH ETFs get inflows after 6-day outflow streak. Metaplanet upsizes discounted $1.4b raise. KindlyMD commits $30m in Metaplanet equity raise. Sharplink buys back 1m shares. Ethena joins race for HYPE stablecoin. Native Markets favourite to win HYPE stablecoin race.…
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 Luxxfolio is transitioning from Bitcoin mining to a digital asset treasury strategy centered on Litecoin, paired with infrastructure plans. It comes as the firm posted zero revenue and a net loss of $197,000 in Q2, with just $112,000 in cash and cumulative losses nearing $19 million. Litecoin treasuries may attract institutions if tied…
$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINSCrypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid staking Activities are not securities: SEC. China testing out Yuan stablecoins. Brazil considers BTC reserve. Japan’s SBI files for various crypto ETFs. Michigan pension fund…
In brief The SEC has formally exempted major Ethereum and Solana staking protocols from securities laws. It’s likely the final clarification needed to give staking ETFs the green light. The precedent is also now set for staking across broader decentralized protocols. GM!Today’s top news: Crypto majors dip after Monday’s rally; BTC at $114,300 SEC gives…
In brief Litecoin jumped to a five-month high of $128.40 Tuesday morning. Prediction markets are optimistic that a LTC ETF will be approved this year. Last month, MEI Pharma closed a $100 million private placement to transform itself into a Litecoin treasury firm. Litecoin surged to a five-month high of $128.40 Tuesday morning, amid rumors…
In brief Crypto market cap has rebounded above $3.7 trillion. Ethereum has broken above a key price resistance zone. XRP and Litecoin show double-digit weekly gains, and the charts are showing signs traders like to see. After a rough weekend that saw cryptocurrencies plunge alongside global risk assets, the crypto market is staging an impressive…
In brief MEI Pharma is establishing a litecoin treasury after closing a $100 million private placement. The pharmaceutical company is adding Litecoin Foundation founder Charlie Lee to its board of directors. Litecoin was trading at $113.35, down more than 4% over the past 24 hours. MEI Pharma, a publicly traded pharmaceutical company, closed a $100…
We’re thrilled to announce supports for new USDC margin pairs for Solana (SOL), XRP (XRP), Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Chainlink (LINK) and Polkadot (DOT) —Taking our total to over 200 markets enabled for margin trading on Kraken Pro! Here’s some more information about the tokens: Solana (SOL) is a blockchain platform aimed at…
We’re thrilled to announce that Kraken now supports new margin pairs for Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC)! Margin trading is now available for the below pairs for SOL, DOGE and LTC: Pair basePair nameAvailable LeverageLong Position LimitShort Position LimitSOLSOL/USDT4700700DOGEDOGE/USDT4500,000500,000LTCLTC/USDT4850850 Here’s some more information about the tokens: Solana (SOL) is a blockchain platform aimed…
