Day: April 14, 2025

Kraken rolls out ETF and stock access for US crypto traders

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Kraken is expanding beyond cryptocurrencies by offering US-listed stocks and exchange-traded funds (ETFs) in a move aimed at appealing to more traditional investors. Kraken, the world’s 13th largest centralized cryptocurrency exchange by volume, announced the launch of 11,000 US-listed stocks and ETFs with commission-free trading in an effort to bring “equities and digital assets together” under one trading platform. As of April 14, US-based users in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and the District of Columbia can access these stocks and ETFs within their…

Ethereum co-founder Vitalik Buterin: ‘Privacy is freedom’

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Ethereum co-founder Vitalik Buterin said privacy should be a top priority for developers, warning that assumptions about transparency and good intentions in global politics are overly optimistic. In an April 14 blog post, Buterin argued that privacy is essential to maintain individual freedom and protect against the growing power of governments and corporations. He criticized the idea that increased transparency is inherently beneficial, saying it relies on assumptions about human nature that are no longer valid. “These assumptions include believing that global political leadership is generally well-intentioned and sane, and…

Bitcoin Miners Are Doubling Down

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With all the current bearish sentiment and macroeconomic uncertainty swirling around both Bitcoin and the broader global economy, it might come as a surprise to see miners as bullish as ever. In this article, we’ll unpack the data that suggests Bitcoin miners are not just staying the course, they’re accelerating, doubling down at a time when many are pulling back. What exactly do they know that the broader market might be missing? For a more in-depth look into this topic, check out a recent YouTube video here:Why Bitcoin Miners Are…

Visa joins Robinhood, Kraken, and Galaxy Digital as member of Global Dollar Network

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Key Takeaways Visa is set to join the USDG stablecoin consortium as the first traditional finance company. USDG aims to offer shared yield and differentiate from competitors like USDT and USDC. Share this article Visa will be part of the Global Dollar Network (USDG), a stablecoin consortium established by Paxos, with participation from crypto and fintech giants such as Robinhood, Kraken, and Galaxy Digital, CoinDesk reported Monday, citing two people with knowledge of the plans. If confirmed, the payments giant will become the first TradFi player to back the initiative.…

Crypto lending down 43% from 2021 highs, DeFi borrowing surges 959%

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The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made a more than 900% recovery from bear market lows. Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan, while lenders can loan their holdings to generate interest. The crypto lending market is down over 43%, from its all-time high of $64.4 billion in 2021 to $36.5 billion at the end of the fourth quarter of 2024, according to a Galaxy Digital…

Michael Saylor’s Strategy buys $285M Bitcoin amid market uncertainty

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Michael Saylor’s digital asset firm, Strategy, purchased 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy acquired the 3,459 Bitcoin (BTC) for $285.5 million at an average price of $82,618 per BTC. The purchase brings Strategy’s total Bitcoin holdings to 531,644 BTC, acquired for a cumulative $35.92 billion at an average price of $67,556 per coin, achieving an over 11.4% yield since the beginning of 2025, Saylor wrote in an April 14 X post. Source: Michael Saylor The $285 million purchase…

Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield

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Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users. According to an April 14 Avalon Labs X announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon said it will allow the platform’s users to earn yield from Bitcoin (BTC) by arbitrating on its fixed-rate institutional borrowing layer. Source: Avalon Labs Avalon Labs announced in March that it raised a minimum of $2 billion worth of credit with possible scaling as the need…

Saylor’s Strategy adds 3,459 Bitcoin, now holds 531,644 BTC

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Key Takeaways Bitcoin proxy Strategy resumes Bitcoin buying spree after a brief pause. The firm has increased its Bitcoin holdings to 531,644 BTC after purchasing 3,459 more BTC. Share this article Michael Saylor’s Strategy announced today that the company purchased 3,459 Bitcoin between April 7 and 13 at an average price of $82,618 million. The acquisition brings the firm’s total holdings to 531,644 BTC, valued at nearly $45 billion at current prices. Strategy has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per bitcoin and has achieved BTC Yield of…

Crypto investment products nearly wipe 2025 gains as outflows hit $7.2B

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Digital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares.  On April 14, CoinShares reported that crypto ETPs saw $795 million in outflows last week, with Bitcoin (BTC)-based products accounting for $751 million, while Ether (ETH) products followed with $37.6 million.  While the major tokens saw increased outflows, some altcoins went against the flow, seeing small gains. These included XRP, Ondo Finance, Algorand and Avalanche.  According to CoinShares, the total outflows of crypto…

How to read a stablecoin attestation report and why it matters

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Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations to reflect only actively circulating coins. USDC sets an industry benchmark with regular third-party attestations, transparent reserve reporting and compliance with MiCA regulations. Stablecoins play a crucial role in the digital asset ecosystem, bridging traditional…