RT Gelato (@gelatonetwork)Ink is a masterclass on launching onchain products. November's growth was insane 📈• 880K+ average daily transactions on @routescan_io• $450M supplied on @tydrohq lending• $1B in volume on @nadoHQ perps in just 10 days• Top 8 by TVS and now the largest RaaS chain on @l2beat• One of the fastest growing chains in the @Optimism SuperchainStill early days. Proud to be an infra partner to @inkonchain and the broader @krakenfx onchain ecosystem. ...

Core Insights - Bitnomial has received the first approval from the Commodity Futures Trading Commission (CFTC) to list leveraged crypto products, marking a significant shift in U.S. crypto regulation [1][6] - The CFTC's Acting Chair Caroline Pham criticized previous enforcement-based regulations that hindered the development of a safe trading environment for retail investors [2][4] - Major exchanges like Coinbase and Kraken are now positioned to follow Bitnomial in offering leveraged trading products, as they have the necessary licenses [6][7] Regulatory Changes - The CFTC's recent approval signifies a move towards a more crypto-friendly regulatory environment, with expectations for more exchanges to introduce leveraged trading products by 2025 [2][7] - The previous restrictive guidance from the CFTC led to a reduction in margin trading features among U.S. exchanges, with Kraken and Bitfinex facing penalties [4][5] Market Implications - The approval for Bitnomial is seen as a catalyst for other exchanges, which are now eager to reintroduce spot leverage features [6][7] - Kraken's acquisition of Small Exchange is part of a strategy to integrate various trading products into a single regulated system, indicating a trend towards consolidation in the crypto trading space [7]

Group 1 - Woori Bank has started displaying Bitcoin prices in its main trading room in Seoul, alongside won-dollar exchange rates and stock market data, indicating a growing interest in cryptocurrencies [1][2] - The initiative reflects the increasing prominence of digital assets in global financial markets, as Woori Bank aims to monitor them as key indicators for market trends [2] - The financial ecosystem is witnessing a trend towards integrating Traditional Finance (TradFi) with digital asset markets, with several alliances being formed to facilitate this integration [3] Group 2 - Recent partnerships, such as the one between Kraken and Deutsche Börse, aim to bridge TradFi and crypto through trading, custody, settlement, collateral management, and tokenized assets [3] - Hana Financial Group and Dunamu have also signed an agreement to introduce blockchain technology for services like overseas remittances, showcasing the broader interest in digital assets [4] - The integration of TradFi and crypto is further exemplified by the rise of crypto Exchange Traded Funds (ETFs), with major asset management firms like Grayscale, Franklin Templeton, BlackRock, and Fidelity issuing multiple crypto ETFs [5] Group 3 - Franklin Templeton's Solana ETF has begun live trading on the NYSE Arca platform, indicating a growing acceptance and integration of crypto products in traditional financial markets [6]

DEX Volume & Market Share - Monthly DEX volume has surpassed $500 billion [1] - DEXs' share of trading volume compared to CEXs has been increasing since 2023 [1] - The DEX to CEX trading volume ratio was approximately 25% and has been steadily growing [1] Perpetual DEX (PerpDEX) Growth - In 2022, PerpDEXs accounted for only 5% of the market [1] - PerpDEXs now control over 30% of the market [1] - Hyperliquid's strong performance has significantly contributed to the growth of the derivatives market [1] CEX Response & On-Chain Competition - Major centralized exchanges are launching their own on-chain perpetual platforms [2] - Examples include Binance (@Aster DEX), Coinbase (@avantisfi), and Kraken (@rails xyz) [2] - New on-chain native platforms like @reya xyz and @Lighter xyz are rapidly scaling and attracting trading demand [2] - On-chain trading is becoming the primary battleground for the entire market [2]

Just In: Due to Cloudflare outage, numerous cryptocurrency applications, including centralized exchanges like Coinbase and Kraken, as well as the user interfaces of many DeFi protocols, have experienced outages. https://t.co/Sh2OmfuvEP ...

Kraken Forge kicks off Dec 8 and invites are already rolling out.Good news: we’re extending registration until Dec 12!If you want in, there’s still time to join the build ⤵️https://t.co/SdJC4WzVmQ https://t.co/M7rLLkvMcv ...

Core Viewpoint - Kraken is launching an invitation-only VIP program aimed at ultra high net worth individuals and sophisticated traders as it prepares to go public in the U.S. early next year [1][4] Group 1: Kraken's VIP Program - The Kraken VIP program offers elevated client service and extraordinary experiences, including personalized support from a VIP Relationship Manager and 24/7 assistance [3] - Members gain direct access to Kraken's full product ecosystem and insights from subject-matter experts in various fields such as product, engineering, liquidity, custody, and infrastructure [3][4] - Membership requires an average balance of $10 million on the platform or $80 million in annual trading volume [5] Group 2: Industry Context - Crypto exchanges are increasingly focusing on high-touch services for wealthy individuals, with Binance recently introducing a "prestige" offering for clients with a net worth of up to $10 million [2] - The VIP program is designed to provide unprecedented access and influence, catering to the ambitions of ultra high-net-worth clients [4]

Regulatory Developments - CFTC now permits spot crypto trading on its registered exchanges, marking a major regulatory shift [2] - SEC has approved the first-ever 2x leveraged SUI ETF TXXS [5] Institutional Adoption & Investment - BlackRock's Larry Fink says several sovereign funds are quietly accumulating Bitcoin, increasing their buys when $BTC dipped into the $80K zone [4] - Kraken and Deutsche Börse Group are partnering to bridge traditional markets and crypto [5] Market Trends & Partnerships - CNBC and Kalshi announced an exclusive multi-year partnership that will integrate Kalshi's real-time prediction market data across CNBC's platforms starting in 2026 [2] - Base launched its Solana bridge on mainnet, secured by Chainlink CCIP and Coinbase, enabling cross-chain asset trading and liquidity access between both networks [1] Technology & Infrastructure - Polymarket announced the launch of the MetaMask mobile app, introducing prediction market app built with Polymarket's infrastructure [3] - Aster has unveiled its 2026 H1 roadmap featuring the Aster Chain L1 launch and upcoming staking [4] Opinions & Debates - Schiff called Bitcoin pure speculation, while CZ argued it is a real monetary network with global utility [2] Stablecoins - IMF report highlights stablecoins' potential for faster payments and financial inclusion while warning of currency substitution and capital flow risks requiring global cooperation [1]

🥊GLORY Kickboxing (@GLORY_WS):Kraken becomes the official crypto partner for GLORY KickboxingREAD MORE: https://t.co/5FW40EBCI8 https://t.co/pEyTUlUsIV ...

Core Insights - Deutsche Börse Group (DBG) and Kraken are partnering to enhance institutional cryptocurrency adoption in the Eurozone, indicating a significant shift towards competitive parity with U.S. markets [1][6] - The partnership combines Kraken's crypto expertise and U.S. market access with DBG's regulated clearing and custody services, which manage over $23 trillion in assets, creating a robust infrastructure for institutional clients [2] Institutional Adoption - European institutions are moving beyond experimentation with digital assets to developing concrete strategies that require scalable infrastructure [2] - The partnership is seen as a validation of the shift towards institutional adoption of cryptocurrencies in Europe [2] Competitive Landscape - The U.S. has seen rapid institutional adoption of cryptocurrencies, driven by regulatory frameworks like the GENIUS Act, with major firms like BlackRock and JPMorgan leading the way [3] - DBG is recognized as a key player in the Eurozone, striving to match the pace of U.S. financial institutions [4] Recent Developments - DBG has signed agreements to integrate regulated stablecoins into Europe's financial market infrastructure, including partnerships with Circle Internet Group and Societe Generale-FORGE [5] - These initiatives reflect Europe's commitment to challenge U.S. dominance in digital capital markets [6] Global Context - The trend of institutional acceptance of cryptocurrencies is not limited to the U.S. and Europe, but is a global phenomenon driven by clearer regulations [7]