Category: Exchanges

Krakenโ€™s Q2 Earnings Dip as Exchange Expands Beyond Crypto

boss

Kraken reported $411.6 million in revenue for the second quarter of 2025, an 18% increase compared to the same period last year, according to its earnings release. However, the exchangeโ€™s adjusted earnings declined 7% year-over-year to $79.7 million, down from $85.5 million in Q2 2024. According to figures released on Wednesday, trading volume on the crypto exchange jumped by 19% over the past year, to $186.8 billion during Q2 2025. In other areas, Kraken also posted positive results, with assets jumping 47% to $43.2 billion, while funded accounts rose 37%…

Galaxy Digital Abruptly Moves $447,000,000 Worth of Bitcoin (BTC), Sends Most to Crypto Exchanges: On-Chain Data

boss

Crypto financial services giant Galaxy Digital has abruptly moved $447 million worth of Bitcoin (BTC), on-chain data shows. According to the blockchain tracking platform Lookonchain, Galaxy Digital has just moved 3,782 BTC, only days after making another massive transaction of the flagship crypto asset. โ€œIs Galaxy Digital helping clients sell BTC again? [On Monday], Galaxy Digital has transferred out another 3,782 BTC ($447 million), most of which went to exchanges.โ€ On Friday, Galaxy Digital said that it facilitated the successful execution of โ€œone of the largest notional Bitcoin transactions in…

Pepescape Crypto Presale Raises $1M as Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

boss

July 30th, 2025 โ€“ Dubai, UAE Early-stage Crypto presales present a rare opportunity for investors to get in at the lowest valuations before a token hits the open market. Projects with real utility and early momentum often reward presale participants with significant upside, and Pepescape appears to be following that path. Pepescape, a meme coin powered by Ethereum, has already raised over $1 million in its crypto presale phase. With notable early traction and an engaged community, the project is expanding its community as it blends meme culture with meaningful…

Coinshares Launches SEI ETP With Zero Management Fees and 2% Staking Yield on SIX Exchange in Switzerland

boss

Coinshares announced the launch of the Coinshares Physical Staked SEI (Ticker: CSEI), the first zero-fee exchange-traded product (ETP) providing regulated access to SEI, a high-performance layer 1 blockchain. This product aims to meet the growing demand from European institutional investors for diversified blockchain exposure by eliminating previous barriers to accessing SEI, which is designed for […] Source

SEC Greenlights In-Kind Transactions for Crypto Exchange-Traded Products

boss

The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that โ€œauthorized participantsโ€ (APs) for crypto exchange-traded products (ETPs) can now execute in-kind transactions, in line with all other commodity-based ETPs. APs are financial institutions that create and redeem ETP shares based on market demand. The creation and redemption processes are most efficient and cost-effective […] Source

Coinbase Sparks Altcoin Rallies After Placing Two Projects on Crypto Exchangeโ€™s Listing Roadmap

boss

Coinbase has added two altcoins to its listing roadmap, sparking rallies for the projectsโ€™ digital assets. The exchange announced Bio Protocol (BIO), a biotechnology-related project, and the decentralized finance (DeFi) lending platform Euler (EUL) may soon be available to trade by its customers. Being added to Coinbaseโ€™s listing roadmap means that the top US crypto exchange is considering rolling out trading support for the asset in the near future. The roadmap was established in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements. Amid…

5 Key Takeaways from IG’s FY25 Results, London Stock Exchange 24/7 Trading Dilemma

boss

Cyprus hit by wildfires In our weekly review, we start with the effects of wildfires in Cyprus. A devastating wildfire in southern Cyprus killed two people, injured at least ten, destroyed numerous homes, and forced the evacuation of over a dozen villages near Limassol. ๐Ÿšจ Massive Wildfire in Limassol Region, Cyprus ๐Ÿ”ฅRed alert issued as extreme heat and dry winds fuel the blaze. Villages evacuated. Smoke covers the area. [ ForestFire LimassolValley Cyprus Emergency StaySafe WildfireAlert BreakingNews ClimateCrisis Evacuation LimassolFire ] pic.twitter.com/CdfTWXiBAj โ€” Odin Root ๐Ÿ‡ธ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ (@RootsOdin) July 23, 2025…

Two Solana (SOL)-Based Altcoins Get the Nod From Top US-Based Crypto Exchange by Trading Volume Coinbase

boss

A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). โ€œJito Staked SOL and Metaplex are now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.โ€ News of the support…

Flareโ€™s Leading Decentralized Exchange SparkDEX Schedules Native Token Release

boss

According to the decentralized finance (DeFi) project SparkDEX, the team will launch its SPRK token on July 29, 2025, marking the first native token debut on the Flare blockchain. SparkDEX Token Launch Coincides With Flareโ€™s FXRP Mainnet Plans Just recently, the Flare-based decentralized exchange (DEX) suite SparkDEX integrated USDTO, Tetherโ€™s multi-chain liquidity standard. This drove […] Source

Galaxy moves another $1.1B to Exchanges

boss

A long-dormant Bitcoin whale from the Satoshi era has transferred more than $1.1 billion worth of Bitcoin to centralized exchanges in recent hours, raising concerns of a possible market correction during a typically low-liquidity weekend. After holding their stash since 2011, the Satoshi-era whale, or large cryptocurrency investor, first transferred 40,000 Bitcoin (BTC) worth over $4.6 billion on July 15, followed by a second transaction of 40,000 BTC on July 18 to Galaxy Digital, Cointelegraph previously reported. According to blockchain intelligence platform Lookonchain, Galaxy Digital has since moved more than…