Category: Reviews

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…

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…

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…

Peter Brandt Predicts $250K Bitcoin, Warns of Volatility Twist

Key Notes Though Bitcoin struggles below $110,000, Peter Brandt says it could trade at $250,000. He clarified that the prediction is a matter of possibilities and not probability or certainty. On the flip side, Brandt noted that BTC can also make a bearish turn towards $60,000. Although Bitcoin BTC $107 975 24h volatility: 0.4% Market cap: $2.15 T Vol. 24h: $110.07 B is currently facing a rough path, top trader Peter Brandt recently noted that the coin has a chance to hit $250,000. He noted that his prediction is not…

Pump.Fun Overtakes Four.Meme in Meme Coin Battle

Key Notes Pump.fun has overtaken Four.Meme amid rising Solana activity and $8 million capital inflow. BNB Chain’s meme season shows signs of cooling after record-breaking October. Analysts predict renewed momentum for PUMP token despite short-term dip. After several weeks dominated by meme projects on the Binance Smart Chain (BSC), traders are now rotating back to Pump.fun on Solana. The Solana-based meme coin launchpad platform has officially overtaken Four.Meme following a surge in developer activity. According to data shared by SolanaFloor on X, Solana witnessed $8 million in net inflows from…

Stablecoin Ratio Hits Two-Year Low, Tether & Circle Mint $7B

Key Notes Binance’s stablecoin ratio dropped to a two-year low. Tether and Circle minted $7 billion in new stablecoins. Citi projected the stablecoin market to hit $1.9 trillion by 2030. Tether USDT $1.00 24h volatility: 0.0% Market cap: $182.52 B Vol. 24h: $163.16 B and Circle USDC $1.00 24h volatility: 0.0% Market cap: $76.77 B Vol. 24h: $15.31 B collectively minted $7 billion worth of tokens as Bitcoin BTC $108 279 24h volatility: 0.4% Market cap: $2.16 T Vol. 24h: $105.39 B climbed above $108,000, as per the data provided…

Aptos Surges as BlackRock and Jump Crypto Fuel Growth

Key Notes Aptos gained 4% as trading volume shot up 35%, outperforming most large-cap coins. BlackRock’s BUIDL added $500M in tokenized assets, making Aptos the #2 BUIDL chain. Jump Crypto unveiled Shelby, a decentralized storage layer built with Aptos Labs. Aptos APT $3.22 24h volatility: 2.4% Market cap: $2.31 B Vol. 24h: $344.02 M has emerged as one of the few outperformers in a sluggish crypto market, rallying nearly 4% in the past 24 hours with a 35% surge in trading volume. According to CoinMarketCap data, the layer-1 blockchain has…

BTC, ETH ETFs See $477M Inflows as Liquidations Top $650M

Key Notes BTC ETFs recorded $477 million in net inflows. The market volatility brought over $650 million in liquidations. The Bitcoin volatility index rose above 95%, according to a CryptoQuant analyst. The cryptocurrency market witnessed a sharp bullish momentum on Tuesday, Oct. 21, with strong institutional interest pushing the leading assets upward. US-based spot Bitcoin BTC $108 269 24h volatility: 0.5% Market cap: $2.16 T Vol. 24h: $108.70 B exchange-traded funds recorded a net inflow of $477.2 million, led by IBIT and ARKB’s $210.9 million and $162.9 million inflows, according…