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Kraken Seeks $500 Million at $15 Billion Value, Eyes Possible IPO
Crypto exchange Kraken is in talks to raise about $500 million in fresh capital at a valuation close to $15 billion, The Information reported, citing people familiar with the matter
Bitcoin, Ethereum, and XRP Slump as US Interest Rate Decision Nears
Crypto markets slide 5.4% as Bitcoin, Ethereum, and XRP fall ahead of Fed decision while ETF flows remain strong despite policy uncertainty.
Trump-linked WLFI invests $10M in Falcon Finance for stablecoin development
WLFI’s USD1 stablecoin will be used as a collateral asset on Falcon Finance, fueling regulatory concerns about potential conflicts of interest related to the Trump family-backed platform.
XRP ETF Dreams on Hold as SEC Refines Crypto Rules
The crypto market eagerly awaits the subsequent primary ETF approval, with many expecting XRP to lead the charge. However, ETF analyst Nate Geraci suggests that the U.S. Securities and Exchange Commission (SEC) may prioritize staking within spot Ethereum ETFs…
Coinbase, JPMorgan Chase Partner to Simplify Crypto Access for Chase Customers
Coinbase and JPMorgan Chase announced a partnership Wednesday to provide Chase’s over 80 million customers with new ways to access cryptocurrency. Chase Ultimate Rewards Points Gain Option to Convert to USDC The collaboration introduces three specific features rolling out…
Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report
A preview of a White House report on digital assets makes further recommendations to areas already in motion within the Clarity Act to oversee crypto markets and the GENIUS Act for stablecoins.
Pi Coin Faces Volatility Explosion; Price is Now 5% From New All-Time Low
Pi Coin is at risk of falling to a new all-time low, driven by bearish indicators and growing volatility. A shift in market sentiment or increased buying pressure is needed for a potential reversal. The post Pi Coin Faces…
Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August
Indonesia’s tax changes may boost government revenue but could deter foreign crypto platforms, impacting market dynamics and user costs. The post Indonesia to double crypto transaction taxes, scrap VAT for buyers starting August appeared first on Crypto Briefing.
‘It’s a new day’: SEC approves in-kind redemptions for spot Bitcoin, Ethereum ETFs
A Bloomberg analyst stated that institutional investors will benefit more from the in-kind basis than retail.