Crypto Currency

Kraken Seeks over $100M Funding Ahead of Potential IPO: Report

Cryptocurrency exchange Kraken is seeking over $100 million before a potential initial public offering (IPO), Bloomberg reported. The crypto exchange, founded in San Francisco in 2011, has long discussed going public. This move is reportedly fueled by a surge in investor interest and a perceived softening of regulations against digital assets.Discussions with Potential InvestorsAccording to

Cryptocurrency exchange Kraken is seeking over $100
million before a potential initial public offering (IPO), Bloomberg reported.
The crypto exchange, founded in San Francisco in 2011, has long
discussed going public. This move is reportedly fueled by a surge in investor
interest and a perceived softening of regulations against digital assets.Discussions with Potential InvestorsAccording to insiders…
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Crypto Currency

Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures

Bitcoin Magazine Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures Ireland’s central bank has fined Coinbase Ireland €3.25 million for allowing customer funds to mix with other Coinbase entities’ money and for relying on its US parent to run safeguarding controls…

Bitcoin Magazine

Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures
Ireland’s central bank has fined Coinbase Ireland €3.25 million for allowing customer funds to mix with other Coinbase entities’ money and for relying on its US parent to run safeguarding controls…
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Crypto Currency

Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips…

DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips…
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Crypto Currency

Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Wallet Moves $41M

Bitcoin ETF pulled $1.07 billion in three days as a wallet linked to Irish drug trafficker Clifton Collins moved 500 BTC to Coinbase Prime. The post Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Wallet Moves $41M appeared first on Cryptonews…

Bitcoin ETF pulled $1.07 billion in three days as a wallet linked to Irish drug trafficker Clifton Collins moved 500 BTC to Coinbase Prime.
The post Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Wallet Moves $41M appeared first on Cryptonews…
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Crypto Currency

Bitcoin ETFs Top $1 Billion in 3 Days as Eight Funds Draw Inflows

U.S. bitcoin ETFs attracted $528.40 million on Wednesday, taking their three-day inflow streak above $1 billion as institutional demand broadened across eight funds. Blackrock, Fidelity Drive Bitcoin ETF Streak The character of bitcoin exchange-traded fund (ETF) demand changed on Wednesday. Monday’s $526.60 million surge had been overwhelmingly driven by Blackrock’s IBIT…

U.S. bitcoin ETFs attracted $528.40 million on Wednesday, taking their three-day inflow streak above $1 billion as institutional demand broadened across eight funds. Blackrock, Fidelity Drive Bitcoin ETF Streak The character of bitcoin exchange-traded fund (ETF) demand changed on Wednesday. Monday’s $526.60 million surge had been overwhelmingly driven by Blackrock’s IBIT…
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