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Kraken closed an $800 million funding round on Tuesday with a $200 million investment from Citadel Securities, valuing the crypto exchange at $20 billion. This marks one of crypto’s largest capital raises and underscores tightening links between digital asset platforms and traditional finance leaders.This substantial funding fuels Kraken’s expansion and product growth across trading, payments,…

Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said Tuesday.The round was split across two tranches, with the main one led by institutional investors including Jane Street, DRW Venture Capital, HSG, Oppenheimer…

Key Takeaways Binance is experiencing a notable increase in short-term Bitcoin trading activity. Short-term Bitcoin holders are selling during price corrections, resulting in higher trading volumes on exchanges like Binance. Share this article Binance, the world’s largest crypto exchange by trading volume, is experiencing increased short-term Bitcoin trading activity as market dynamics shift toward more…

When we look at Bitcoin’s price, the concern extends to the altcoins as well; however, it should also extend to the companies associated with BTC-related activities. In line with the same, BeInCrypto has analysed three Bitcoin mining companies’ stock performance and what lies ahead for them.Sponsored SponsoredBitMine Immersion Technologies (BMNR)BMNR has dropped 24% this week and…

Canada’s government managed to pass its federal budget in parliament that would — among many other things — institute a stablecoin policy.Parliament narrowly passed Prime Minister Mark Carney’s first budget on Monday evening. Deep in the lengthy document is a section that would govern the issuance of stablecoins, overseen by the Bank of Canada. There…