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 exchange’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%…
Tag: Exchange
Algeria Enacts Sweeping Ban on Crypto Use, Exchange, and Mining
Algeria has enacted a comprehensive law that criminalizes all forms of cryptocurrency use, exchange, and mining, aiming to protect the national financial system. Total Ban on Crypto Use and Platforms Algeria recently enacted a sweeping new law that criminalizes any form of use, exchange, or mining of cryptocurrencies. The move is reportedly intended to protect […] Source BitcoincryptoexchangeExchanges CryptoX Portal
XRP, Dogecoin, And Shiba Inu Get Major Boost From Gemini Exchange Announcement
After a relatively quiet week for altcoins, XRP, Dogecoin, and Shiba Inu received a fresh wave of attention thanks to a major update from Gemini. The US-based crypto exchange announced that it is now officially allowing these three tokens, as well as Bitcoin Cash and Solana, as cross-collateral assets for its derivatives platform. Major Boost For XRP, Dogecoin, And Shiba Inu Gemini’s decision allows XRP, DOGE, and SHIB holders to use their tokens as collateral for GUSD-settled perpetual contracts, a feature that was previously limited to BTC, ETH, USDT, and…
Pepescape Crypto Presale Raises $1M as Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled
July 30th, 2025 – 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
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
Indian Exchange CoinDCX Slams Coinbase Acquisition Rumors
Key Notes CoinDCX CEO Sumit Gupta has publicly debunked rumors of a potential buyout by Coinbase. The news comes as the trading platform is battling the aftermath of a $44 million hack. Coinbase recently partnered with PNC Bank to provide cryptocurrency trading and custody services directly through its platform. Sumit Gupta, the CEO of Indian cryptocurrency exchange CoinDCX, has publicly debunked rumors of a potential buyout by Coinbase. In his Tuesday X post, he outrightly told his followers to “Ignore the rumours.” This news comes right in the middle of…
Is It Time To Exchange Bitcoin For TRON? This Metric Says TRX Is About To Outperform BTC
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Why Is JPMorgan Blocking Crypto Exchange Gemini?
Key Notes The dispute follows a Bloomberg report revealing JPMorgan’s decision to charge fintech firms for accessing customer banking data. Cameron Winklevoss warned the policy could “bankrupt fintechs” that support crypto transactions. The crypto exchange and the banking giant have had a tense relationship since at least 2023. Tyler Winklevoss, the co-founder of crypto exchange Gemini, has recently slammed banking giant JPMorgan for preventing the crypto exchange from the onboarding process after his public criticism of the bank’s new data policy. In his post on July 25, Winklevoss called JPMorgan’s…
What factors are driving the bitcoin price surge? | ABC NEWS
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of bitcoin has reached an all-time high, climbing above $US120,000 for the first time. It comes as a number of digital asset laws, likely to give cryptocurrencies a regulatory framework, are to be voted on by US Congress. Doctor Aaron Lane from RMIT’s blockchain innovation hub says a regulatory environment and the appeal of bitcoin as a secure ‘digital gold’ investment amid economic uncertainty have contributed to the recent surge in price. Subscribe: Read more here: ABC NEWS provides around…
5 Key Takeaways from IG’s FY25 Results, London Stock Exchange 24/7 Trading Dilemma
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. 🚨 Massive Wildfire in Limassol Region, Cyprus 🔥Red 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 — Odin Root 🇸🇸🇺🇸 (@RootsOdin) July 23, 2025…