Everything web3, crypto, defi, degen
Coinbase’s retail trading volumes dropped sharply in Q2, but beneath the surface, XRP continued to generate more consumer transaction revenue than Ethereum, extending a trend that began in the first quarter.According to Coinbase’s Q2 shareholder letter, XRP made up 13% of consumer transaction revenue, narrowly ahead of Ethereum at 12%. That marked a shift from…
In brief South Korea’s FSC and FSS summoned officials from five major crypto exchanges after Upbit and Bithumb launched lending products offering up to 4x leverage, enabling short-selling through borrowed funds. Upbit suspended its Tether lending service, citing potential violations of Korea’s Lending Business Act, while Bithumb modified its structure but maintained controversial 4x leverage…
In brief The proposed rule change would allow automatic approval of crypto ETFs that meet certain criteria. If approved, it could open the door to faster listings for altcoin-based ETFs. Though some warn the proposal also risks “regulatory favoritism which could “fuel private interests.” Two major U.S. exchanges have asked the Securities and Exchange Commission…
In brief Interest rates have remained between 4.25% and 4.50% since the last rate cut in December. The Federal Reserve’s has remained cautious amid unsettling inflation signs. Bitcoin has traded largely below $120,000 since reaching a record high near $123,000 earlier this year. Bitcoin ticked down only slightly after the U.S. central bank left the…
In brief A man has been accused of stealing millions of dollars’ worth of cryptocurrency from Nancy Jones, the widow of the late country legend George Jones. Kirk West was arrested in Nashville after allegedly stealing $17 million worth of XRP, along with holdings of Ethereum and Shiba Inu. The pair had been romantically involved,…
In brief Bitcoin, Ethereum, XRP, and other major cryptocurrencies declined Wednesday morning ahead of the Federal Reserve’s monetary policy decision, with the overall crypto market cap falling 5.4% to $3.9 trillion. The Fed is widely expected to keep interest rates unchanged (97% probability according to traders), though some officials like Christopher Waller support rate cuts,…
July 30, 2025 | Margin, Pro Kraken is doubling down – literally – on trader empowerment. By increasing margin trading leverage from 5x 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: BTC, ETH,…
At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit, finalized as of June 30, 2025, once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA. We don’t expect…
When the market’s hot, having a plan is half the profit. That’s the mindset pro trader Dentoshi brought to our latest live session, hosted by Kraken’s VP Growth, Matt Howells-Barby. In front of thousands of live viewers, Dentoshi opened up her process for preparing to trade in bullish market conditions – from weekly reviews and…
In brief The SEC acknowledged a proposal to permit staking for BlackRock’s ETHA. The regulator has delayed its decision on similar proposals. Spot Ethereum ETF have generated $9.4 billion in net inflows since their debut. The U.S. Securities and Exchange Commission acknowledged Nasdaq’s proposal on Tuesday to accommodate staking for BlackRock’s spot Ethereum exchange-traded fund,…
