Bitcoin Etfs Post 5-week Buying Streak as Hedges Unwind, Institutional Appetite Returns
Spot Bitcoin ETFs hit $108.76 billion in net assets as five weeks of inflows and fading put skew signal institutional demand is back.
Category crypto
Kraken Acquires Reap Technologies for $600 Million to Boost Asia Payments
The deal marks Kraken’s expansion into stablecoin and payments infrastructure in Asia amid growing crypto adoption. Crypto exchange Kraken will acquire Hong Kong-based Reap Technologies in a $600 million deal to strengthen its stablecoin and payments business in Asia. The
Kraken Acquires Stablecoin Payments Provider Reap for $600 Million
The crypto exchange expands its payments infrastructure with the purchase of Reap, a firm specializing in stablecoin transactions. Cryptocurrency exchange Kraken has agreed to acquire Reap, a stablecoin-focused payments company, in a $600 million deal. The move aims to bol
Vaneck’s Sigel Sees Bitcoin Reaching $1M Within Five Years
VanEck’s Matthew Sigel says Bitcoin may reach $1 million in five years, comparing adoption trends to the video game industry’s shift to mainstream use.
SoFi Crypto Revenues Hit $121.6M in Q1 on Stablecoin Launch
SoFi reported $121.6 million in crypto-related revenue for Q1, driven by its stablecoin and Mastercard partnership. SoFi generated $121.6 million in revenue from its crypto relaunch during the first quarter. The majority of the revenue was offset by associated costs, accor
SoFi Crypto Revenue Hits $121.6M in Q1 as Costs Nearly Offset Gains
SoFi Technologies reported $121.6 million in crypto-related revenue for Q1, with expenses consuming most of the proceeds. SoFi Technologies generated $121.6 million in revenue from its relaunched cryptocurrency services during the first quarter. The figure reflects renewed
Kraken Parent Payward to Acquire Reap Technologies for $600 Million According to Bloomberg, Crypto Exchange Kraken
Kraken Parent Payward to Acquire Reap Technologies for $600 Million According to Bloomberg, crypto exchange Kraken parent Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million. Reap specializes in stablecoin-based cross-border payments and b
Senate Aims to Pass Clarity Act by July 4, Crypto Adviser Says
The Senate Banking Committee plans a June markup, setting a July 4 target for crypto regulation legislation. The Senate Banking Committee is scheduled to markup the Clarity Act this month, aiming for floor passage by early July. The timeline leaves four working weeks in Ju
Crypto Today: Bitcoin, Ethereum, XRP Rally Pauses Amid Broadly Cooling Demand Cryptocurrency Prices are Showing Broad
Crypto Today: Bitcoin, Ethereum, XRP rally pauses amid broadly cooling demand Cryptocurrency prices are showing broad weakness on Thursday, following a widespread rally this week that saw Bitcoin (BTC) rise to $82,850 for the first time in three months. The Crypto King is
BTC Breaks Bollinger Bands for First Time in Months as Creator Signals Optimism
Bitcoin's technical breakout from Bollinger Bands marks a potential shift in momentum, with its creator expressing bullish sentiment. Bitcoin (BTC) has broken out of its Bollinger Bands for the first time in months, a technical signal often associated with increased volati