Day: October 22, 2025

Kraken Reports $648M Revenue for Q3, Up 50% From Last Quarter

Key Notes The exchange’s adjusted EBITDA surged 124% quarter-over-quarter to reach $178.6 million with improved margins. Platform transaction volume climbed to $561.9 billion while funded accounts grew to 5.2 million users. Strategic acquisitions including Small Exchange and the launch of tokenized stocks drove the firm’s expansion. US-based cryptocurrency and digital assets exchange Kraken posted its financial results for the third quarter, 2025, demonstrating positive momentum across nearly every metric including revenue, assets under management, and earnings before taxes. According to an Oct. 22 press release, the firm’s third quarter revenue…

What Truly Sets It Apart Today

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Bitcoin is not “crypto” An X post from Jack Dorsey revived an old question: Is Bitcoin part of “crypto” or a category of its own? On Oct. 19, 2025, Jack Dorsey posted three words on X: “bitcoin is not crypto.” The post quickly drew attention across the platform and in media coverage. It reflected a view he has long maintained, that Bitcoin should be regarded as money with its own rules and history, not included in the broader token market. Source: Jack Dorsey Dorsey argues that Bitcoin (BTC) belongs in a…

Democrats Seek Answers on Trump’s Expanding Crypto Empire

Key Notes Democrats want details about Steve Witkoff’s crypto holdings and ties to Trump ventures. Witkoff’s role in the Middle East overlaps with World Liberty Financial’s UAE links. Trump’s family crypto empire has earned over $1 billion in profits. Senate Democrats are pressing for answers about President Donald Trump’s growing involvement in the cryptocurrency sector. They sent a letter to Steve Witkoff, Trump’s special envoy to the Middle East, demanding details about his personal crypto holdings and his ties to Trump-linked ventures. Led by Senator Adam Schiff, eight Democrats signed…

FalconX to Acquire 21Shares in Major Crypto Fund Deal

Key Notes FalconX is reportedly acquiring leading ETP issuer, 21Shares. The merger will focus on derivatives-based crypto funds. Move signals convergence between crypto trading infrastructure and asset management. Institutional crypto trading firm FalconX is reportedly in talks to acquire 21Shares, one of the largest digital asset exchange-traded product (ETP) issuers globally. The deal will be financed through a mix of cash and equity. The specific terms of this acquisition are not disclosed yet. However, executives from both firms confirmed that the merged entity will focus on launching crypto funds built…

The Battle Between $107K and $119K Heats Up

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Bitcoin is struggling to establish a clear direction as volatility tightens and traders face increasing uncertainty. After weeks of indecisive movement, short-term price action remains choppy, leaving both bulls and bears without conviction. According to new insights from CryptoQuant, a comprehensive analysis combining Price Action, Volume Profile, and Liquidation Heatmap data from Binance reveals that Bitcoin has been locked in a well-defined trading range for the past 120 days. Related Reading The report highlights that this range is centered between $107,500 and $119,300, with the Point of Control (POC) —…

BITCOIN & ALTCOINS CRASH AS MORGAN STANLEY TURNS BULLISH ON CRYPTO!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Bitcoin and Stocks crash as Trump announces 100% tariffs on China. Morgan Stanley drops restrictions on which wealth clients can own crypto funds. Banks explore launching a stablecoin linked to G7 currencies. Brought to you by 🔐 Safely Store your Crypto with Trezor Hardware Wallets – 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 🏠 Propy…

Bealls Partners With Flexa to Accept Bitcoin, Ether, and More at 660 US Retail Stores

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Bealls Inc., the 110-year-old U.S. retailer with more than 660 locations nationwide, has integrated Flexa’s digital payments technology to allow customers to pay in-store using bitcoin, ether, and dozens of other digital currencies. Bealls Adds Flexa Integration, Bringing Bitcoin Payments to U.S. Shoppers According to the announcement, the integration makes Bealls one of the first […] Original

Cardano Foundation Applies for .ada & .cardano gTLDs

Key Notes Cardano Foundation has hinted at the possibility of applying for .ada and .cardano generic Top-Level Domains by Q1 2026. It has released a link, gauging community support for the proposal. ADA price is still facing drawdowns but with breakout expectations. . Cardano Foundation is preparing to apply for the .ada and .cardano generic Top-Level Domains (gTLDs). This aligns with the protocol’s goal of strengthening its digital presence and establishing itself in the broader cryptocurrency industry. According to an X post, the initiative will be fully funded by the…

Hong Kong Approves First Solana ETF

Key Notes Hong Kong approves the first-ever Solana spot ETF. SOL trading volume jumps 40% to $8 billion amid growing investor optimism. Analysts predict Solana’s strong fundamentals could drive institutional adoption. Hong Kong has officially approved its first Solana SOL $184.6 24h volatility: 4.1% Market cap: $100.88 B Vol. 24h: $8.46 B spot ETF, marking another step in the city’s plan to become Asia’s leading crypto hub. The Hong Kong Securities and Futures Commission (SFC) granted approval on October 22 for the ChinaAMC Solana ETF. According to a report by…

OneBullEx Launches Million-Dollar Trading Carnival – Five Campaigns, Countless Rewards

This content is provided by a sponsor. PRESS RELEASE. Dubai, October 2025 — The market may be quiet, but OneBullEx is bringing the energy back to futures trading. The fast-growing exchange is rolling out its Million-Dollar Campaign Season, turning the platform into a festival of competition, strategy, and community rewards. With five simultaneous campaigns and […] Source BitcoincryptoexchangeExchanges CryptoX Portal