Kraken
Search documents
XRP, Solana & Litecoin 100% Chance of ETF Approval. Tether Buys BTC Billions & A.I. Crypto.
Digital Asset News· 2025-09-30 19:14
Altcoin ETF's have about a 100% chance of being approved and that is GREAT news for price action. Tether buys BILLIONS worth of Bitcoin and A.I. energy and crypto projects are needed MASSIVELY 🏠 Real Estate Online Live Event Oct. 3-4, 2025 🏠Long term, Short term, funding, renovations, portfolio diversification in REAL ESTATE. Watch LIVE ONLINE 👇 🏠LINK - https://go.eventraptor.com/summit/wealth-20-summit-2510/robbiewolff ●▬▬▬▬▬▬CRYPTO CRITICAL VIDEOS▬▬▬▬▬▬▬● 1. THE 5 RULES - https://youtu.be/iNBiZ5Bo__U 2. A ...
Phantom Wallet Launches CASH, Adds Fuel to Stablecoin Wars on Solana
Yahoo Finance· 2025-09-30 18:30
Core Insights - Phantom has launched Phantom Cash, a superapp for cryptocurrency payments on Solana, utilizing the newly introduced US dollar-pegged stablecoin CASH, intensifying competition in the payment superapp and stablecoin sectors [1][2] - The concept of a "stablecoin supercycle" is gaining traction, indicating a significant product-market fit for stablecoins, attracting a wide range of investors, builders, and users globally [2] - The total market capitalization of stablecoins is nearing record highs, currently around $297.79 billion across all blockchains, highlighting the growing importance of stablecoins in the crypto ecosystem [4] Company Developments - Phantom's decision to create its own stablecoin, issued by Bridge, stems from the belief that existing stablecoins are not designed for everyday use, aiming to enhance user experience in crypto transactions [2] - The upcoming integration with Stripe's global merchant network is part of Phantom's strategy to make cryptocurrency transactions safer and more effortless for users [2] Industry Trends - The competitive landscape is evolving into niche "wars," particularly between Solana and Ethereum, as both chains leverage their network effects and liquidity to capture market share in the stablecoin space [3] - Other major players in the industry, such as Tether-backed Plasma, Cloudflare, Visa, Google, Coinbase, Kraken, and Circle, are also launching stablecoin solutions to meet the increasing demand for crypto payments [5]
CEXs vs DEXs: Which Model Will Dominate the Next Crypto Cycle?
Yahoo Finance· 2025-09-30 14:23
Core Insights - Centralized exchanges (CEXs) are evolving from mere trading platforms to regulated financial services, indicating a structural shift in market access for institutions and consumers [1][2] - The rise of decentralized exchanges (DEXs) is notable, with perpetual DEXs surpassing $2.6 trillion in trades in 2025, highlighting their growing appeal due to custody-free leverage and speed [1] Group 1: IPO and Market Dynamics - Kraken has raised $500 million to expedite its IPO, while Gemini has capped its proceeds at $425 million due to high demand [3] - Revolut is contemplating a $75 billion dual listing on both the London and New York stock exchanges, which would be a historic debut on both FTSE100 and NYSE simultaneously [3][4] - Revolut, valued at $75 billion with 65 million users, has raised $3.77 billion to expand into crypto, brokerage, and banking sectors [4] Group 2: Exchange Evolution and User Engagement - Exchanges are transitioning into multi-service hubs, with liquidity concentrated in the top five venues while challengers expand regionally [5][6] - Coinbase has launched the Base App, integrating trading, payments, and social features, while LINE NEXT and Kaia have introduced Unify for stablecoin payments in Asia [7] Group 3: Regulatory Landscape and Institutional Demand - The CME has noted increasing institutional demand for derivatives, favoring exchanges that offer integrated services for spot, futures, and tokenized assets [8][9] - PwC has indicated that CEXs may be classified as systemically important, which would subject them to bank-like regulations, potentially increasing costs but enhancing credibility [9]
FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?
Yahoo Finance· 2025-09-30 11:50
Core Insights - FTX is in the process of repaying $1.6 billion to its creditors, which is nearing completion and could provide a defense against potential negative impacts from a US government shutdown [1][6] Group 1: Repayment Details - The repayment will allow small claimants with claims under $50,000 to recover more than 120% of their principal, while those with claims over $50,000 will recover an additional 72.5% of their principal, totaling 78.2% recovery [2] - The estimated repayment rate for US customers is 40%, whereas the total repayment rate for all customers worldwide is 95% [3] Group 2: Market Impact - Analysts are hopeful that the new liquidity from FTX could trigger a rally, as investors may use repaid funds to repurchase crypto [4] - The altcoin market is anticipating this liquidity, with the CMC Altcoin Season Index currently at 63, indicating a potential upcoming "altseason" [5] - The timing of the repayment coincides with a potential US government shutdown, which could increase market uncertainty; however, the influx of liquidity from FTX may help cushion against this impact [6][7]
X @Cointelegraph
Cointelegraph· 2025-09-30 11:30
🚀 The ultimate networking event you've been waiting for is coming to Singapore on October 2!Cointelegraph Accelerator is bringing builders, founders, and investors together for an afternoon of panels, pitches, and connections.Join us to meet industry leaders including:• @odagius from @yzilabs• Laurent Bourquin from @MEVCapital• @Melody_Taira from Enman Group• @alex_senxu from @krakenfx• @michaelh_0g from @0G_labs• @Shaaran5 from @multiplifi• @AndreyLazorenko from @ADI_Foundation• @ScaleAlex from @Consensys• ...