Tag: News
Kraken has confidentially filed a draft registration statement with the SEC for a proposed initial public offering.
The filing comes less than a day after announcing an $800 million funding round at a $20 billion valuation.
This move aligns with a broader trend of crypto firms pursuing public listings amid a more favorable regulatory environment under the Trump administration.
Cryptocurrency exchange Kraken has taken a...
Bitcoin and Ether Outflows Deepen as Solana ETFs Attract $30 Million Inflow
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Bitcoin and Ether Outflows Deepen as Solana ETFs Attract $30 Million Inflow
Spot Bitcoin ETFs saw continued heavy redemptions, extending a multi-day losing streak.
Ethereum ETFs recorded $74 million in net outflows, led by BlackRock’s ETHA.
Solana ETFs bucked the trend with roughly $30 million in daily inflows, pushing cumulative totals past $420 million.
Spot Bitcoin and Ethereum ETFs posted significant outflows...
Bitcoin’s 14-Day RSI Signals Oversold Conditions
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BTC’s 14-day RSI falls below 30, marking oversold territory after a sharp price decline.
Bitcoin trades around $91,700, down 28% from its $126,000 peak last month.
Historical RSI lows have preceded downtrend slowdowns, but confirmation via price action is key.
Bitcoin has entered oversold territory according to its 14-day relative strength index (RSI), dipping below the key 30 threshold as the cryptocurrency grapples...
Bitcoin Falls Below $90,000, Amid Extreme Market Fear
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Bitcoin price drop: BTC fell to $89,420, its lowest since February.
Market impact: Erased 2025 gains, with over $725 million in liquidations.
Technical indicators: Death cross formed, fear index at extreme lows.
Bitcoin has tumbled below the $90,000 mark for the first time in seven months, effectively erasing all gains made in 2025. 32 This sharp decline comes just six weeks after the cryptocurrency hit an all-time high of...
Japan Poised to Reclassify Cryptocurrencies as Financial Products, Ushering in Tax Relief
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Japan’s FSA plans to reclassify 105 cryptocurrencies as financial products, aligning them with traditional assets like stocks.
The move could introduce a uniform 20% capital gains tax on crypto profits, replacing the current progressive system that reaches up to 55%.
New rules will include insider trading prohibitions and mandatory disclosures from exchanges on listed assets.
Japan’s top financial regulator is...




