🎁 USA - Initial Jobless Claims = 200,000 (expected 205,000 / prior 189,000)
USA - Continuing Jobless Claims = 1.766 million (expected 1.800 million / prior 1.785 million)
USA - Continuing Jobless Claims = 1.766 million (expected 1.800 million / prior 1.785 million)
🇭🇰🕵️ Kraken Parent Payward to Acquire Reap Technologies for $600 Million
According to Bloomberg, crypto exchange Kraken parent Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million. Reap specializes in stablecoin-based cross-border payments and business payment services, with many crypto-linked “U cards” using Reap as underlying infrastructure. In the transaction, Payward’s issued shares were valued at $20 billion. #stablecoin
According to Bloomberg, crypto exchange Kraken parent Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million. Reap specializes in stablecoin-based cross-border payments and business payment services, with many crypto-linked “U cards” using Reap as underlying infrastructure. In the transaction, Payward’s issued shares were valued at $20 billion. #stablecoin
🔮 Kalshi Raises $1 Billion, Valued at $22 Billion Post-Funding
According to The New York Times, prediction market platform Kalshi announced the completion of a $1 billion funding round led by Coatue Management, bringing its post-money valuation to $22 billion. This marks the company’s third funding round in the past seven months, with valuations roughly doubling in each round.
According to The New York Times, prediction market platform Kalshi announced the completion of a $1 billion funding round led by Coatue Management, bringing its post-money valuation to $22 billion. This marks the company’s third funding round in the past seven months, with valuations roughly doubling in each round.
🕵️ New addresses appearing on the XRP network have collapsed from 18,000 per day in December 2024 to 2,700 per day today, marking an 85% decline.
Monthly active supply reflects a similar trend, dropping from 7.45 billion XRP per day to approximately 2 billion XRP per day over the same period.
The speculative wave that drove XRP's late-2024 surge has largely unwound at the network level.
Monthly active supply reflects a similar trend, dropping from 7.45 billion XRP per day to approximately 2 billion XRP per day over the same period.
The speculative wave that drove XRP's late-2024 surge has largely unwound at the network level.
📝 $14 trillion BlackRock publishes report stating that adding bitcoin to your portfolio produces "compelling" results.
With #BTC's high volatility, "a little bitcoin can go a long way."
With #BTC's high volatility, "a little bitcoin can go a long way."
🏆 ZachXBT Accuses LAB Founder of Market Manipulation, Offers $10,000 Bounty
ZachXBT has accused LAB token founder Vova Sadkov of manipulating the market through CEXs while sharing philosophical content on X, which has harmed retail investors. After receiving no response from the team via direct message, he announced a $10,000 bounty for evidence of LAB-related market manipulation, including insider information from LAB’s market-making activities on Bitget spot, Bybit perps, Binance perps, and OKX perps, as well as identity clues of founder vsadkovv, including passport or ID.
ZachXBT has accused LAB token founder Vova Sadkov of manipulating the market through CEXs while sharing philosophical content on X, which has harmed retail investors. After receiving no response from the team via direct message, he announced a $10,000 bounty for evidence of LAB-related market manipulation, including insider information from LAB’s market-making activities on Bitget spot, Bybit perps, Binance perps, and OKX perps, as well as identity clues of founder vsadkovv, including passport or ID.