Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.
Crypto is no longer a single industry, and that may be bullish
Crypto can feel bullish and bearish simultaneously because its major sectors have stopped moving together. Bitcoin collects institutional ETF flows while DeFi contracts, stablecoins expand into payment infrastructure, while altcoins lag, and layer-2 (L2) networks process record volumes while their tokens reprice sideways. Bitwise CEO Hunter Horsley offered a framework for the contradiction, arguing that […]
DMND and RootstockLabs Partner To Bring Stratum V2 To Merge-mining
Bitcoin Magazine DMND and RootstockLabs Partner To Bring Stratum V2 To Merge-mining Today DMND and RootstockLabs announce a new feature rollout intending to further the decentralization of Bitcoin mining. The new feature uses Stratum V2 to enable miners at the pool engaging in their own block template construction to also handle the selection and inclusion […]
Binance Research Reveals $75B in Illicit Crypto Funds Stuck Onchain
A Binance Research analysis found that more than $75 billion in illicit crypto funds remain visible and traceable on-chain. The report said blockchain records are making laundering harder, even as criminal balances have continued to grow since 2016. According to the findings, illicit crypto activity still makes up less than 1% of total transaction volume.
Upbit Crypto Exchange Lands Massive $669M Hana Deal: Strong Aquisition of Dunamu
Upbit crypto exchange is gaining momentum in South Korea. Traditional banks are no longer watching from the sidelines. They are entering the digital asset sector directly, with Hana Bank leading the latest major move. Hana Bank revealed that it will acquire 2.28 million shares in Dunamu from Kakao Investments. The deal is worth 1.003 trillion
XRP Surge Hits ATH at $1.50 After Drastic 6.7% Jump
XRP and its surge have stunned the crypto market again. The token climbed past the $1.50 mark after gaining 6.7% in just 24 hours. Over the last seven days, XRP added another 8.8%, more or less. This move put XRP ahead of every other major cryptocurrency in the top 10. Bitcoin, Ethereum, BNB, and Solana
Bitcoin Fails $82,000 Breakout Three Times As Short-Term Holders Sell
Bitcoin has failed three attempts to break above the $82,000 area, with short-term holders repeatedly selling into strength, according to a May 15 market brief from on-chain analyst Axel Adler Jr. The setup puts the market in a narrow technical and behavioral squeeze, where the 200-day simple moving average is acting as resistance while short-term […]
XRP Leads Massive Crypto Rally As Traders Bet Big On US Regulatory Shift
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing […]
XRP Holders Get New Yield Opportunity via Flare and Monarq Collaboration
The decentralized finance (DeFi) applications blockchain network Flare has unveiled a new XRP yield product in collaboration with digital asset manager Monarq and vault infrastructure provider Upshift. According to a press release sent to CryptoPotato, the new product is a multi-strategy XRP vault offering diversified yield opportunities. Launched on Flare and accessible to XRP holders, […]
CoinDesk 20 performance update: BNB is only gainer as index drops 2%
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
XRP gives back gains after Senate crypto bill sparks 5% rally
XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.
We’re in That Stage” — 4 Altcoins Flashing Early Bullish Signals Before the Next Massive Crypto Rally
Analysts are calling it an early recovery period for altcoins in the cryptocurrency market. Bitcoin has held up near the important support levels, and some big-cap altcoins have begun to form coveted technical shapes. Investor sentiment was observed to be improving for a few of the alts, and there was a pickup in capital movement […]