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Kraken revenue jumps 114% in Q3 amid expansion and IPO plans

Kraken revenue jumps 114% in Q3 amid expansion and IPO plans

Kraken reported $648 million in revenue for the third quarter of 2025, up 114% from a year earlier, which the company described as its strongest financial performance to date.Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to $178.6 million as profit margins wid…

Kalshi fielding investment offers at up to $12 billion valuation shortly after major funding round: Bloomberg

Kalshi fielding investment offers at up to $12 billion valuation shortly after major funding round: Bloomberg

U.S.-regulated prediction market platform Kalshi is receiving investment proposals from venture capital investors that would value the company at up to $12 billion, Bloomberg reported on Wednesday, citing anonymous sources.Less than two weeks ago, the startup raised more than $300 million at a $5 bi…

BitMEX co-founder’s family office seeking $250M for private equity fund: Report

BitMEX co-founder’s family office seeking $250M for private equity fund: Report

Maelstrom, the family office connected to BitMEX co-founder Arthur Hayes, is reportedly looking to raise $250 million for a private equity fund aimed at acquiring crypto companies.According to a Bloomberg report on Friday, the fund plans to use $40 million to $75 million for each acquisition of as m…

Bitcoin Extends Losses as Investors Shun Risky Assets — Market Talk

Bitcoin Extends Losses as Investors Shun Risky Assets — Market Talk

Bitcoin extends its losses to reach an almost four-month low amid broad-based risk aversion. "Selling pressure from crypto miners and liquidations of exchange traded funds have been driving the selloff," Hargreaves Lansdown analyst Derren Nathan says in a note. This comes as investors shun risky ass…

China Merchants Bank tokenizes $3.8B fund on BNB Chain in Hong Kong

China Merchants Bank tokenizes $3.8B fund on BNB Chain in Hong Kong

A Hong Kong-based subsidiary of a major Chinese commercial bank, China Merchants Bank (CMB), tokenized its $3.8 billion money market fund (MMF) on BNB Chain.CMB International Asset Management (CMBI) has partnered with BNB Chain to bring its CMB International USD Money Market Fund onto its layer-1 (L…

 A state-backed crypto fund just made its first buy — and it wasn’t Bitcoin

A state-backed crypto fund just made its first buy — and it wasn’t Bitcoin

Kazakhstan launches state-backed fund Kazakhstan has launched the Alem Crypto Fund, a state-backed initiative aimed at building long-term digital asset reserves. Managed by Qazaqstan Venture Group and operating under the AIFC, the fund marks a significant step in the country’s regulated adoption o…

Crypto fundraising sets new record of $3.5B in a single week

Crypto fundraising sets new record of $3.5B in a single week

Crypto fundraising reached an all-time high last week, with a record $3.5 billion raised across 28 funding rounds. Cryptorank data showed on Monday that weekly fundraising reached its highest point from Oct. 6 to Sunday, surpassing all previous peaks, including the nearly $3 billion raised July 28 t…

Dogecoin Foundation’s corporate arm to go public via merger with esports company Brag House Holdings

Dogecoin Foundation’s corporate arm to go public via merger with esports company Brag House Holdings

The House of Doge, billed as "the official corporate arm" of the Dogecoin Foundation, will go public through a reverse takeover agreement with Brag House Holdings (ticker: TBH), an esports company catering to college students.The combined entity will generate recurring revenue through integrated adv…

Solana Looks Explosive: Cup And Handle Formation Teases Rally To $425 Target

Solana Looks Explosive: Cup And Handle Formation Teases Rally To $425 Target

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval …

Coinbase Premium Gap Signals Strongest Bitcoin Accumulation Since ETF Launch – Details

Coinbase Premium Gap Signals Strongest Bitcoin Accumulation Since ETF Launch – Details

Bitcoin faced a swift correction below the $125,000 level after reaching a new all-time high of $126,200 on Monday, triggering widespread volatility across the market. The price retraced over 4% to around $120,000, liquidating millions in leveraged positions as traders anticipated further upside. Th…

Crypto funds smash records with $5.95B inflows amid shutdown concerns

Crypto funds smash records with $5.95B inflows amid shutdown concerns

Cryptocurrency investment products recorded their highest-ever inflows last week, as the US government shutdown fueled a rally in spot crypto markets.Global crypto exchange-traded products (ETPs) recorded $5.95 billion of inflows in the week ending Friday — the largest ever seen — CoinShares reporte…

 Walmart-owned bank app OnePay to add Bitcoin, Ether trading this year

Walmart-owned bank app OnePay to add Bitcoin, Ether trading this year

OnePay, a banking app majority-owned by Walmart, will soon roll out crypto support, according to CNBC.According to a Friday CNBC report citing anonymous sources, OnePay will soon offer cryptocurrency trading and custody to its users. The app is expected to support Bitcoin (BTC) and Ether (ETH) later…