Everything web3, crypto, defi, degen
In brief Digital asset products attracted $921 million in inflows last week, according to CoinShares. U.S. and German markets led gains, while Switzerland saw outflows linked to asset transfers. Bitcoin captured nearly all inflows as Ethereum and altcoins cooled. Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism…
In brief Bitcoin has recovered to near $115,000 following initial panic over Trump’s threatened 100% tariffs on China. Standard Chartered’s Geoff Kendrick notes that $2 billion exited gold ETFs last week, and suggests Bitcoin ETFs need to capture about half of that amount to confirm improving market sentiment. Despite recent gains, gold continues to significantly…
October 27, 2025 | Asset Listings We’re thrilled to announce that SCA is available for trading on Kraken! Funding and trading SCA trading is live as of October 27, 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…
October 27, 2025 | Asset Listings We’re thrilled to announce that XNAP is available for trading on Kraken! Funding and trading XNAP trading is live as of October 27, 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 India’s Madras High Court ruled Friday that crypto constitutes property protected under constitutional law, blocking WazirX from reallocating user assets under its Singapore restructuring plan. Justice N. Anand Venkatesh granted an injunction protecting 3,532 XRP tokens, rejecting the exchange’s “socialization of losses” scheme following the July 2024 hack that drained $234 million. The…
In brief Bitcoin rose 3.5% over the weekend to $115,400 as optimism grew over easing U.S.–China trade tensions. Officials from both countries reached a preliminary framework in Malaysia, boosting risk appetite across global markets. Market sentiment on Myriad skewed toward “greed,” while analysts cautioned that on-chain activity hasn’t yet confirmed the rally. Bitcoin and the…
In brief Experts warn insider trading in sports gambling could surge as betting on games shifts to CFTC-regulated prediction markets. The CFTC, which regulates sports and other prediction markets, has little experience in monitoring sports betting, and limited capacity to do so given its staff size, the experts said. Supporters say on-chain transparency helps prediction…
In brief Dimitri “Capybara Stocks” Semenikhin has emerged as the leader of the Beyond Meat meme stock movement, akin to Roaring Kitty during the GameStop craze. Semenikhin is a 28-year-old Russian man living in Dubai and working for his family real estate development company. He started posting on Reddit under the Capybara Stocks pseudonym as…
In brief DraftKings acquired prediction market platform Railbird but will focus on states without legal sports betting to avoid jeopardizing its existing gambling licenses. Bitcoin mining rig maker Canaan received a $4 price target from Benchmark analysts after a dramatic turnaround from near-delisting at $1, with shares up 18% for the week. Payments processor Zelle…
In brief Ethereum trades at $3,892 but faces massive market cap resistance. Gold’s nine-week rally just suffered its biggest drop in over a decade. Myriad prediction market odds favor ETH over gold. But it’s not an easy call. Here’s why. The race is on, and $5,000 is the finish line. But which asset gets there…
