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

Published 2 years ago in
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 insiders…
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Crypto Currency

Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day. The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…

Published 10 hours ago in
Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day.
The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…
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Crypto Currency

U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…

Published 10 hours ago in
U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day
The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…
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Crypto Currency

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…

Published 10 hours ago in
Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…
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Crypto Currency

Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…

Published 10 hours ago in
Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…
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