Tag Archives: crypto news

Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel

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The US-based cryptocurrency exchange Kraken recently secured a substantial $200 million investment from Citadel Securities, a global market maker. This investment values the exchange at an impressive $20 billion.  Kraken’s Growth Backed By Citadel Securities Citadel Securities has expressed enthusiasm about supporting Kraken’s growth, emphasizing the firm’s role in shaping the future landscape of digital… Continue reading Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel→

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

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Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he “already” knows who should succeed Jerome Powell and triggering a sharp repricing in real-money prediction markets in favor of Kevin Hassett. In remarks in the Oval Office, Trump said: “I think I already know my choice,”… Continue reading Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds→

Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders

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A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders.  The clarification arrives at a time when XRP… Continue reading Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders→

Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate

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Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun.  The conversation gained even more traction when… Continue reading Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate→

Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look

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In the latest financial report, American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., has announced significant profits for the third quarter (Q3) of the year. The company, operating as a miner and buyer of the world’s largest digital asset, experienced a profit boost due to improved margins. American Bitcoin Surpasses Previous Earnings… Continue reading Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look→

Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings

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Following a notable debut on the Nasdaq earlier this year, Circle (CRCL), the issuer of the USDC stablecoin, has experienced a significant decline in its stock value. After hitting a peak of $298 on June 23, just 18 days post-launch, shares have now dropped by 68%, trading around $82. Circle Faces Challenges As Lockup Period… Continue reading Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings→

Crypto On Alert: Raoul Pal Hints At Macro Twist Post-US Govt Shutdown

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As the latest US government shutdown ends and markets refocus on macro plumbing, Raoul Pal has sketched out a strikingly liquidity-heavy roadmap on X – one that, in his framework, has direct implications for crypto. “So now the US Gov has reopened, what’s next?” Pal asks. He immediately points to the Treasury General Account (TGA):… Continue reading Crypto On Alert: Raoul Pal Hints At Macro Twist Post-US Govt Shutdown→

With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market

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Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.  In light of this, Bitwise CEO Hunter Horsley made some thought-provoking remarks about the current market conditions, suggesting that a bear market cycle has been… Continue reading With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market→

By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors

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Canary Capital’s XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year.  This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable… Continue reading By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors→

Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

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On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following… Continue reading Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead→