Kraken acquired Breakout, a prop crypto trading firm. It plans to allow a funded trading plan, where users can apply to invest in crypto using $200,000 in credit. The exchange would retain around 20% of the ensuing gains. Still, Kraken’s community has been a little skeptical, claiming that this acquisition doesn’t have a lot of
Russia’s finance ministry is suggesting easing the requirements for entering the country’s restricted and strictly controlled cryptocurrency market. The proposal to lower the thresholds for granting access to digital assets comes as the country fell to number 10 among crypto adopters. Minfin urges letting more Russians try crypto The Russian Ministry of Finance (Minfin) believes
China Renaissance, once hailed as China’s “M&A King,” is reshaping its future around digital assets. The boutique investment bank approved a $200 million allocation to Web3 in 2025. That includes $100 million invested in BNB Chain’s native token, BNB, through a strategic deal with YZi Labs, formerly Binance Labs. From M&A Legacy to Digital Assets
Strategy shares fell 3.5% after Nasdaq revealed it was beginning to scrutinize how companies raise funds for cryptocurrency purchases. According to The Information, the stock market now requires some companies to obtain shareholder approval before issuing new shares to purchase cryptocurrencies. This could slow the recent trend of crypto-focused companies. Increased scrutiny has led to
Bitcoin has lost steam, falling 1.3% and just below $110,000 Thursday morning, but ETF flows have been strong, and that may be the key to BTC escaping another Red September, an analyst told Decrypt. CryptoQuant blockchain analyst JA_Maartun said market data shows that Bitcoin in longterm holder wallets has been steadily moving into ETFs. Source:
Bitcoin’s (BTC) feeble bounce this week ran out of gas on Thursday, with prices slipping back below $110,000 and some market watchers warning of a deeper pullback. The largest cryptocurrency fell 2.2% over 24 hours to $109,500, erasing half the gains it made from the weekend’s low of $107,000 as it topped $112,600 on Wednesday.
As expected this late in the cycle, Michael Saylor’s strategy of tying his companies’ fortunes to Bitcoin is drawing close inspection, and this time it’s the stock chart that is under review. The task to do this was taken by legendary trader Peter Brandt, who recently posted a weekly view of MSTR and captioned it
Bitcoin is consolidating after recent volatility, holding around the $110K zone. Both the daily and 4-hour charts show mixed signals, with momentum slowing but buyers still trying to push the price back higher. Meanwhile, funding rates provide interesting insight into market sentiment, hinting at leverage positioning among traders. Technical Analysis By Shayan The Daily Chart
In a new X post, Max Keiser, renowned Bitcoin evangelist, has placed Strategy (MSTR) and its chairman, Michael Saylor, in the same category as Elon Musk and Tesla. The essence of Keiser’s message is that the premium on MSTR stock reflects more than just the Bitcoin holdings of the company, but investor confidence in Saylor.