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Kraken has acquired Breakout, a trading platform for advanced traders, allowing users access to up to $200,000 in capital. The acquisition aims to reward traders based on performance rather than connections, with plans to integrate Breakout into Kraken Pro.
ArbitrumDAO has initiated Season One of the DeFi Renaissance Incentive Program, allocating 24 million ARB to boost lending protocols. The $40 million campaign aims to incentivize borrowing against popular yield-bearing assets on Arbitrum to enhance capital efficiency.
Over $52 million worth of Bitcoin was moved from an address that had been dormant for 13 years, with other large holders making significant transfers recently. These movements, including whales exchanging BTC for Ethereum, can impact market dynamics and prices.
A wallet linked to Tron founder Justin Sun has been blacklisted for moving over $9 million worth of World Liberty Financial tokens. The token's price has dropped by 19% in a day, with high trading volumes in South Korea.
Tempo, a blockchain for stablecoins and payments, was unveiled by Stripe and Paradigm. With major firms like OpenAI and Visa providing input, the network aims for high-throughput global transactions.
Fireblocks, valued at $8 billion, has launched a network for easy stablecoin transfers among over 40 participants, including Circle and Bridge. The network aims to streamline stablecoin transactions and provide broader banking relationships and regulatory licenses to users.
Predictors on Myriad are currently forecasting lower price targets for Solana and Bitcoin as crypto prices slide, with over $40,000 wagered on major crypto assets' next moves. Meanwhile, a new flash market offers favorable odds for an NFL underdog matchup.
The SEC's latest rulemaking agenda aims to ease regulations on the crypto sector and integrate digital assets into the traditional American economy. Proposed rules include creating regulations for the offer and sale of crypto assets and amending rules for trading on U.S. securities exchanges.
Bitcoin, despite a 1.3% drop, is seeing a shift from long-term holders to ETFs, with BlackRock's Bitcoin ETF holding over $83 billion. Recent inflows into BTC funds have been strong, potentially impacting its performance in the coming months.