Markets

Crypto Rises Alongside Stocks as Fed Pivot Bets Build

In brief Nasdaq and Russell 2000 led gains Monday, while Bitcoin posted a smaller advance. Revised jobs data fueled a surge in rate cut expectations ahead of the Fed’s September meeting. Traders point to unresolved macro risks and rising put activity in Bitcoin as signs of caution. U.S. stocks rebounded Monday, lifting risk assets broadly,…

Coins

Elizabeth Warren: American People Will ‘Pay the Price’ for GENIUS Act

In brief Sen. Warren acknowledged the need for crypto legislation but critiqued the industry’s influence on US politics. The senator claimed the GENIUS Act was an instance of the industry writing “its own legislation.” She compared it to another bill—the Commodity Futures Modernization Act of 2000—which may have indirectly influenced the 2008 financial crisis. Sen.…

News

Kraken Q1 2025 financial update: Strength through market cycles

Kraken began 2025 building on 2024’s solid momentum, navigating a shifting and softening market to outperform, even growing volume share. Our sustained performance across cycles demonstrates the resiliency of our platform, which continues to attract new clients and deepen existing relationships. We took a meaningful step toward our multi-asset vision by acquiring NinjaTrader, and rolled…