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Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B: Fortune

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Popular cryptocurrency exchange Kraken closed a $500 million funding round, setting the stage for a long-awaited IPO now expected in 2026, Fortune reported. The round did not feature a lead investor and was closed on Kraken’s terms valuing the firm at $15 billion, Fortune said, citing a person who was not authorized to discuss the … Read more

Bitcoin Bulls ‘Under-positioned’ as Trump’s Pressure on Fed Pushes $15B Into ETFs, Analyst Says

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The U.S.-listed spot bitcoin exchange-traded funds (ETFs) have attracted billions in investor capital in three months, amid increasing political pressure on the U.S. Federal Reserve (Fed) to cut rates. The relentless flows are now forcing “under-positioned” traders to chase upside through derivatives, reviving the bullish momentum in the cryptocurrency, according to Markus Thielen, founder of … Read more