Markets

A collection of 141 posts

Markets

Kraken to Acquire Futures Platform NinjaTrader in $1.5 Billion Deal

Global crypto exchange Kraken is set to acquire NinjaTrader, a major retail futures trading platform, in a $1.5 billion deal. The move marks Kraken’s first foray into crypto futures and derivatives trading in the U.S., while also accelerating its expansion into traditional finance markets. Kraken’s Strategic

Markets

Pakistan Moves to Legalize Crypto to Attract Foreign Investment

Pakistan is setting the stage for cryptocurrency legalization, aiming to create a clear regulatory framework to drive foreign investment and boost its growing digital asset ecosystem. Despite past central bank warnings, crypto adoption in Pakistan ranks ninth globally, with 15-20 million active users, according to Chainalysis. The country, home to

Markets

Wall Street Welcomes Solana ETFs in Latest Crypto Expansion

Solana is stepping into the U.S. exchange-traded fund (ETF) market with the launch of two Solana futures ETFs, marking a significant milestone for the sixth-largest cryptocurrency. Volatility Shares LLC, a Florida-based ETF firm, is set to debut these funds Thursday, offering investors new exposure to Solana’s market movements.

Markets

Powell Dismisses Inflation Risks, Calls Tariff Impact ‘Transitory’ Amid Market Jitters

Federal Reserve Chair Jerome Powell downplayed growing concerns over economic slowdowns and inflation risks tied to President Donald Trump’s trade tariffs, signaling that the central bank is still on course for two rate cuts this year. Fed Holds Rates Steady, Tariff Concerns Linger Following the Federal Open Market Committee’

Markets

Ripple CEO Declares SEC Legal Battle Over as XRP Price Surges

Ripple CEO Brad Garlinghouse announced on March 18, 2025, that the company’s long-running legal fight with the U.S. Securities and Exchange Commission (SEC) has concluded. The resolution marks the end of a four-year saga that began when the SEC sued Ripple in 2020, accusing it of raising $1.

Markets

Gemini Appoints New CFO Amid IPO Speculation and Regulatory Shift

Crypto exchange Gemini has named Dan Chen as its new Chief Financial Officer (CFO), signaling a potential strategic shift as the company reportedly considers an initial public offering (IPO). Chen, formerly Vice President of Capital Markets at Affirm, announced his new role on Monday via X, expressing enthusiasm for the

Markets

Robinhood Partners with Kalshi to Launch Prediction Markets Hub

Robinhood is expanding into prediction markets, introducing a new hub for betting on politics, economics, and sports through its subsidiary, Robinhood Derivatives. The initiative, launched in partnership with U.S.-based prediction market firm Kalshi, marks Robinhood's deeper push into event-based trading. We're excited to power

Markets

Crypto Trading Volumes Plunge 20% in February Amid Trump Tariff Fears

Crypto traders hit the pause button last month, spooked by President Donald Trump’s tariff threats against big players like Mexico, Canada, and China. The worry that these trade walls could choke global commerce sent investors scurrying from risky bets like cryptocurrencies, and the numbers took a dive. According to

Markets

XRP Price Faces Critical Support After Significant Weekly Decline

XRP took a serious beating last week, plunging more than 27% in the seven days ending March 9. That's not just any decline – it's the cryptocurrency's biggest weekly percentage drop since way back in November 2022, according to the latest data from TradingView and

Markets

Euro Heads for Best Weekly Performance in 16 Years as Dollar Weakens Before US Jobs Report

The euro is on track for its strongest weekly gain against the dollar in 16 years this Friday, bolstered by Germany's significant fiscal reform plans. Meanwhile, the US dollar hovers near a four-month low as markets await the latest American employment figures. Currency markets experienced considerable volatility this

Markets

Bitcoin Futures Market Shows Sharp Decline in Speculative Activity

Bitcoin's futures market has experienced a significant contraction, with open interest dropping to its lowest level since August, according to data from blockchain analytics firm Glassnode. The total open interest has fallen from 546,000 Bitcoin to 413,000 Bitcoin (approximately $36 billion) across all exchanges since November,

Markets

Bitcoin Plunges Below $88K as Crypto Market Faces Multiple Headwinds

Bitcoin has tumbled to a three-month low under $88,000, dragging the broader cryptocurrency market into a steep decline. On February 25, 2025, the CoinDesk 20 Index dropped over 10% in just 24 hours, driven by fading investor confidence, a memecoin frenzy, and economic jitters in the U.S. Experts

Markets

Blocklore Weekly: Bitcoin Holds Strong, Bybit $1.4B Hack Rocks Crypto, Altcoins Reassess

The cryptocurrency market experienced a turbulent week, marked by a significant hack on the Bybit exchange, continued Bitcoin dominance, and a notable shift in altcoin sentiment. While Bitcoin has largely traded sideways within a $93,000 to $99,000 range, the $1.4 billion Bybit hack – attributed to a sophisticated

Markets

Pi Token Debuts with Extreme Volatility, Raising Market Questions

Pi Network, a mobile-based cryptocurrency project boasting 60 million users, launched its native PI token on Thursday, triggering a highly volatile trading session. The token’s price initially surged 18% before plummeting 50% within two hours, highlighting concerns about liquidity and market stability. The PI token debuted at $1.70

Markets

Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Purchase

Japanese investment firm Metaplanet has deepened its commitment to Bitcoin, acquiring an additional 68 BTC worth approximately $6.6 million, bringing its total holdings to 2,100 BTC, valued at around $203 million. The Tokyo-listed company disclosed the purchase on Thursday, stating it bought 68.59 BTC at an average

Markets

Dave Portnoy Nets $250K from 'Greed' Memecoin, Sparks Controversy with GREED2 Launch

Portnoy deployed the GREED token earlier this week, controlling 35% of the total supply. After selling off his holdings, the token’s price plummeted by more than 90%, falling from $0.03 to $0.003, per Dexscreener data. The sale earned Portnoy approximately $258,000, which he later claimed to

Markets

Michael Saylor’s Strategy Eyes $2 Billion Convertible Debt Offering to Boost Bitcoin Holdings

Michael Saylor’s Bitcoin-focused company, Strategy, has announced plans to raise $2 billion through a convertible debt offering, reinforcing its aggressive approach to accumulating Bitcoin. New Fundraising Strategy to Fuel Bitcoin Acquisitions The company, formerly known as MicroStrategy Inc., will issue zero-coupon senior notes due 2030, according to a statement

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Javier Milei Defends Actions Amid Libra Memecoin Scandal

Argentine President Javier Milei has broken his silence on the Libra memecoin controversy, which has sparked lawsuits and impeachment calls. Milei confirmed meeting with the project's creators, asserting his social media post aimed to promote crypto solutions for Argentine businesses, not encourage speculative buying. Milei Speaks Out on

Markets

Bitcoin Dominance Surges to 60% Amid Libra Memecoin Collapse

Bitcoin’s market dominance has climbed to nearly 60%, marking a 5% increase in the past month and 12% year-over-year, as investors pivot from altcoins following the collapse of the Libra memecoin. Altcoin Volatility Fuels Bitcoin’s Rise The surge comes amid significant losses in the altcoin market, with Solana

Markets

Bubblemaps Uncovers Link Between Libra and Melania Memecoins, Suggesting Single Entity Control

Blockchain analytics firm Bubblemaps has unveiled evidence suggesting that the Libra and Melania memecoins were orchestrated by the same entity, based on an analysis of on-chain transactions. On-Chain Evidence Connects Projects According to Bubblemaps, wallets tied to the Melania token were also involved in Libra token transactions, participating in both

Markets

Argentina’s President Javier Milei Promotes, Then Deletes Post on LIBRA Crypto Token Amid Scam Concerns

On Friday, Milei promoted the LIBRA token on X (formerly Twitter), stating that funds raised would support Argentine small and medium-sized enterprises (SMEs). He emphasized that the project was privately managed and that he would not receive personal financial gain. The token, linked to Milei’s libertarian ideals and possibly

Markets

Coinbase Partners with Aston Martin Formula One Team, Challenging Crypto.com in F1 Sponsorship Race

Coinbase has signed on as the Official Crypto Partner for Aston Martin Aramco’s Formula One team, marking a significant move into the high-speed world of motorsport. The deal, paid entirely in USDC stablecoins, will prominently feature Coinbase’s logo on the halo and rear-wing end plate of the team’

Markets

Solana Memecoin Launchpad Pump.fun Releases Mobile App for iOS and Android

Pump.fun, the popular Solana-based memecoin launchpad, has introduced a mobile app for iOS and Android, expanding access to its coin creation, trading, and portfolio management features directly from mobile devices. New Features with Mobile Access The new app enables users to: * Create, buy, and sell memecoins from their phones

Markets

Tether Acquires Minority Stake in Juventus FC, Eyes Digital Asset Integrations in Sports

Tether, the company behind the world’s largest stablecoin USDT, has acquired a minority stake in Juventus Football Club, signaling its ambition to bridge digital assets with the sports industry. Pioneering Innovation in Sports Through Blockchain Tether’s latest investment aligns with its mission to integrate digital assets and stablecoins

Markets

Bitcoin Drops Below $95K as U.S. Inflation Data Surprises Markets

January CPI Report Sparks Market Volatility Across Crypto and Traditional Assets Bitcoin prices fell sharply below the $95,000 mark on Tuesday following an unexpected rise in U.S. inflation, which also rattled stock and bond markets. The latest Consumer Price Index (CPI) report for January revealed inflationary pressures stronger