Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
The crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a public listing.
Monarq, Flare, and Upshift roll out multi-strategy XRP yield vault
Monarq, Flare, and Upshift have announced the launch of MXRPY, a managed multi-strategy XRP yield vault built on Flare, according … Continue reading
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CoinDesk 20 performance update: BNB is only gainer as index drops 2%
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday.
XRP gives back gains after Senate crypto bill sparks 5% rally
XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.
Nvidia stock wipes $170 billion from its market cap as Trump’s China summit ends
Despite the air of positivity surrounding President Donald Trump’s China summit, its contents caused several prominent American companies to suffer … Continue reading
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Bitcoin exchange supply falls to an 8-year low
The supply of Bitcoin (BTC) on all cryptocurrency exchanges has declined to an 8-year low, amid notable demand from conviction … Continue reading
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Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.
Bybit captures 77% of CEX market share for BILL token trading
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has emerged as the dominant marketplace for BILL, the native token … Continue reading
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Winklevoss’ Gemini jumps 25% on $100 million bitcoin infusion despite deepening losses
Gemini’s revenue improved 42% year-over-year to $50.3 million, helping narrow its net loss by 27% from $149.3 million a year earlier.
OKX, Korea Investment and Securities said to be in talks for 40% of Coinone
OKX’s planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.