Wells Fargo Discusses Crypto Trading Liquidity With Kraken Parent
A potential link between a major US bank and Kraken's parent would put traditional banking infrastructure closer to crypto trading, though no agreement is confirmed.
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A potential link between a major US bank and Kraken's parent would put traditional banking infrastructure closer to crypto trading, though no agreement is confirmed.
A potential bank-exchange partnership would deepen Wells Fargo's digital-asset push, but the talks remain ongoing and may not produce a deal.
Seven-day inflows for both ETF markets total nearly $3B, putting sustained demand for Bitcoin and Ethereum exposure at the center of the liquidity picture.
Rising compliance costs are colliding with a market where Binance alone captured 43.3% of August volume, leaving smaller venues with less room to absorb fixed obligations.
Debt-heavy AI infrastructure creates the key vulnerability: if returns lag, the capital rush into data centers could reverse into a broader liquidity headwind for crypto.
The exchange is suspending deposits and new orders immediately, ending trading Aug. 26, and ceasing full operations Jan. 31, 2027, while BMX collapsed nearly 60% on the news.
The latest bankruptcy distribution follows a $2.2B March payment, returning another large pool of capital to eligible claimants.
CZ wants U.S. traders to tap Binance's offshore order books, an arrangement that would lower slippage and fees but tests the firewall regulators have policed since the 2023 settlement.
USDC lost $2.4 billion in circulating supply over the past 30 days, a contraction that ranks among the more significant…
Total supply is at a record high, yet net monthly growth is just 0.3% as USDT gains of $5B are offset by $4.2B in combined USDC, USDe, and PYUSD outflows.
Binance co-founder Changpeng Zhao is reportedly floating the idea of reviving a U.S.-facing platform — a move that…