Month: March 2025

Cryptocurrency exchange Kraken is reportedly close to finalizing a $1.5 billion acquisition of trading platform NinjaTrader. This move could significantly expand its presence in the US crypto futures and derivatives market. According to a 19 March 2025 report from The Wall Street Journal, the deal could be officially announced...

Coinbase (COIN) sold 12,652 ether ($25 million at the current price) in the fourth quarter, when it was valued about double the level now, according to Geoffrey Kendrick, the global head of digital assets research at Standard Chartered Bank. In a note, Kendrick said he analyzed the crypto exchange’s...

A prominent crypto analyst said that Bitcoin went through a significant event over the past few months as the coin’s open interest plummeted by nearly 20%, wiping out around $12 billion. BTC’s open interest wipeout might appear to be detrimental to the coin, but CryptoQuant analyst DarkFost believes that...

Santiment’s latest analysis shows that crypto markets have historically reacted unpredictably to Federal Reserve interest rate decisions. In a Mar. 20 post, Santiment contributor Brian noted that while some Fed decisions trigger rallies, others lead to sharp declines despite similar…...

Kraken, a top cryptocurrency exchange, is reportedly in advanced talks to acquire NinjaTrader, a US futures trading platform. The sources indicate that the value of the deal is around $1.5 billion. Source: https://globalsanctions.com/2022/11/ofac-reaches-settlement-with-crypto-exchange-kraken-over-iran-sanctions-violations/ Neither of the firms has made the […] The post Kraken Eyes $1.5 Billion Deal to...

Coinbase has released its first Ethereum Validator Performance Report, providing a detailed breakdown of its staking operations. It shows that the platform operates 120,000 validators, with 3.84 million ETH staked to them, representing 11.42% of the total staked supply. An additional 581,500 ETH is also staked through its partners....

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds. The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked...

The modular DeFi oracle RedStone has denied circulating rumors of partnering with web3 acceleration platform Web3Port and market maker Whisper. RedStone (RED) has dispelled false rumors of partnering with Web3Port and Whisper, stating that neither of these entities have influence…...

Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling…...

Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact...