Category: Reviews

Kraken Launches ‘Perps’ Product to Tap Into $515B Perpetual Crypto Futures Market

Key Notes The perpetual trading platform operates without expiry dates and can be accessed by eligible traders in undisclosed markets. Strategic product launches including xStocks aim to strengthen Kraken’s position before its planned 2026 IPO fundraising efforts. Previous IPO attempts in 2021-2022 were delayed, with founder Jesse Powell cleared of FBI investigation charges in 2023. Kraken, a US-based cryptocurrency exchange, announced the launch of its “Perps” perpetuals trading product on Sept. 11, allowing users to invest in cryptocurrency futures by predicting price movements. According to the firm’s official website, Perps…

Forward Industries Raises $1.65B for Solana Treasury Strategy

Key Notes Forward Industries closed a $1.65 billion private placement to create a Solana-focused corporate treasury. The funding round was led by major digital asset firms, including Galaxy Digital, Jump Crypto, and Multicoin Capital. The company aims to mirror MicroStrategy’s Bitcoin strategy by holding SOL directly on its balance sheet. Forward Industries, a global design company, has successfully closed a $1.65 billion private placement to establish the market’s largest corporate treasury focused on Solana SOL $227.5 24h volatility: 1.9% Market cap: $123.69 B Vol. 24h: $9.68 B . The move…

GOP Senator Says Party “Not Ready” for Crypto Bill

Key Notes Senator John Kennedy has stated the Republican party is “not ready” to advance a comprehensive crypto market structure bill. The warning conflicts with Senate Banking Chair Tim Scott’s goal to hold a vote on the legislation by Sept.30. Concerns from Democrats and analysis of market readiness suggest a broader hesitation around the bill’s ambitious timeline. A key Republican senator has cast fresh doubt on the timeline for a comprehensive crypto bill, signaling that internal party disagreement could stall the legislation. The warning from Senator John Kennedy (R-LA) conflicts…

Charlie Kirk Death Triggers Surge in Memecoins, Skirts Ethics

Key Notes Critics on social media condemned the trend as unethical exploitation of a tragedy concerning Charlie Kirk’s death. Reports suggest one token creator made nearly $300,000 in fees within an hour of launch. Watchdogs warned that most of these tokens show classic scam patterns, with insiders cashing out and 700+ new wallets. Founder of Turning Point USA and prominent conservative activist Charlie Kirk was shot dead on Sept. 10, during a public event in Utah. The incident drew the attention of US President Donald Trump, sparking widespread outrage in…

Binance to List pump.fun, PUMP Price Reacts

Key Notes Binance announced that PUMP went live on its platform on 2025-09-11 at 12:30 (UTC). Deposit and withdrawal of PUMP have been activated for users. PUMP price has spiked by almost 5% since the announcement. Leading cryptocurrency exchange Binance has announced plans to list the native token of the Solana SOL $226.5 24h volatility: 1.5% Market cap: $122.90 B Vol. 24h: $9.60 B meme coin launchpad pump.fun, noting that it would come with a seed tag. Until the token is officially available for trading on the platform, Binance has…

Figure Prices IPO at $25, Targets $5.3B Valuation on Nasdaq

Key Notes Figure Technology Solutions priced its IPO at $25 per share, aiming to raise approximately $787.5 million. The company is set to begin trading on the Nasdaq on Sept. 11 under the ticker symbol ‘FIGR’. The final price is higher than initial estimates, valuing the company at roughly $5.3 billion. Blockchain lending company Figure Technology Solutions, which saw the SEC approve its interest-bearing stablecoin in February 2025, has officially priced its initial public offering. The firm, led by SoFi co-founder Mike Cagney, set its price at $25.00 per share…

Did Winklevoss Block Trump’s CFTC Pick?

Key Notes Brian Quintenz is certain that Tyler Winklevoss tried to block his CFTC nomination with Trump. The a16z Policy Expert has shared messages on X to substantiate his claims. Many conflicts of interest issues continued to shape the odds against Brian Quintenz in the bid for CFTC Chair. Brian Quintenz has accused Tyler Winklevoss, co-founder of Gemini exchange, of blocking his nomination as CFTC chairman. He shared this claim on X on September 11, referencing prior communications with the Gemini CEO. Tyler Winklevoss and Brian Quintenz Conversation Takes Wrong…

BNB Hits $907 ATH Amid Futures Surge

Key Notes BNB hit a new record price of $907.33 on Sept.10, 2025 at 13:49 UTC. The rally followed earlier highs of $864 and $882 on Aug.14 and 21, respectively. Derivatives data shows $1.67 billion in futures volume and a major imbalance in liquidations in favor of short positions. Binance Coin BNB $899.3 24h volatility: 1.2% Market cap: $125.40 B Vol. 24h: $1.90 B set a new all-time high on Wednesday, reaching $906.12 after a strong, multi-day rally. The peak was recorded on Sept. 10, with the majority of the…

Why Is Mantle (MNT) Price Up 16%?

Key Notes Crypto exchange Bybit introduced new trading pairs with MNT, yield programs, and a “HODL & Earn” campaign. Mantle’s trading activity has spiked, with daily volumes up 38% to $700 million, futures volume jumping 117% to $268 million. On-chain data shows rising network activity, with daily active addresses up more than 300% since September 7. In the last 24 hours, Mantle MNT $1.56 24h volatility: 6.7% Market cap: $5.07 B Vol. 24h: $684.32 M price has surged by a massive 16% hitting a fresh all-time high at $1.65 on…

XRP Reserves Hit 7-Month High Amid Major SEC ETF Delay

Key Notes XRP reserves on exchanges have hit a 7-month high at 16.36B. SEC delayed decision on multiple spot XRP ETFs, extending Franklin ETF review to Nov.14, 2025. Despite regulatory uncertainty, XRP trades steady above $3 with a $180B market cap. XRP XRP $3.01 24h volatility: 1.4% Market cap: $179.40 B Vol. 24h: $4.63 B is gearing up for volatility as reserves on all exchanges surged to a 7-month high. According to data from CryptoQuant, reserves had been steadily declining since November 2024, dropping from 18.2 billion XRP to 13…