Kraken Aims To Raise $500 Million, Second-Largest US Crypto Platform Eyeing A $15 Billion Valuation: Report

Cryptocurrency exchange, Kraken, is planning to raise $500 million in funding, a move that could push its valuation to $15 billion, according to a report published Tuesday. What Happened: Kraken, America’s second-largest cryptocurrency trading platform, is preparing for a major funding round, tech and business-focused media company The Information reported, citing sources familiar...
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Crypto Could Help You Buy A House—But Washington Isn’t Sold

A group of top Senate Democrats is raising alarms over a move that could bring cryptocurrency deeper into the US mortgage system. The group is challenging a new directive by Federal Housing Finance Agency (FHFA) Director William Pulte, who wants to allow unconverted digital assets to count in mortgage...
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Robinhood Q2 Preview: Will Crypto Surge Lift Results, Shares?

Trading platform company Robinhood Markets Inc (NASDAQ:HOOD) could highlight the growth of customers and cryptocurrency trading volume when the company reports second-quarter financial results after market close Wednesday. HOOD stock: Track it now here. Here are the earnings estimates and key items to watch. Earnings Estimates: Analysts expect Robinhood to...
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