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Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.

Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing” the decision to remain legally compliant.

“[Kraken] continues to list USDT in Europe and we have no plans to delist at this time,” stated Mark Greenberg, Kraken’s global head of asset growth and management in a May 18 X post.

The firm will continue to follow all legal requirements — even those that it disagrees with — Greenberg iterated. “But the rules are not finalized yet and we continue to do everything we can to continue to offer all relevant stablecoins to our European customers.”

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5 times crypto appeared in pop culture in 2024

Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025

Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for Ethereum due to different regulatory considerations. The forthcoming U.S. election could further impact this scenario, potentially altering […]

5 times crypto appeared in pop culture in 2024

Subsidiary of Kraken Becoming Under-the-Radar Beneficiary of Multi-Billion ETF Boom: Report

Subsidiary of Kraken Becoming Under-the-Radar Beneficiary of Multi-Billion ETF Boom: Report

A subsidiary of US-based crypto exchange Kraken is reportedly greatly benefiting from the success of the spot Bitcoin (BTC) exchange-traded fund (ETF) boom. According to a new report by Bloomberg, CF Benchmarks – a London-based subsidiary of Kraken that provides reference data for about $24 billion in crypto ETFs – is emerging as an under-the-radar […]

The post Subsidiary of Kraken Becoming Under-the-Radar Beneficiary of Multi-Billion ETF Boom: Report appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

Pantera Capital Wins Bid To Purchase a Stash of Discounted Solana From Bankrupt Crypto Exchange FTX: Report

Pantera Capital Wins Bid To Purchase a Stash of Discounted Solana From Bankrupt Crypto Exchange FTX: Report

Crypto asset manager Pantera Capital has reportedly won a bid to purchase discounted Solana (SOL) from bankrupt crypto exchange platform FTX. According to a new report by Bloomberg, an anonymous person familiar with the matter says that Pantera won a bid to purchase a discounted stash of the Ethereum (ETH) rival. Though the details of […]

The post Pantera Capital Wins Bid To Purchase a Stash of Discounted Solana From Bankrupt Crypto Exchange FTX: Report appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report

Crypto-Focused Investment Firm Backed by Citadel Eyeing ,000,000,000 Valuation in Latest Raise: Report

A crypto investment firm backed by financial giant Citadel is reportedly eyeing a $1 billion valuation after launching its latest round of fundraising. According to a new Bloomberg report, anonymous people familiar with the matter say that Hidden Road Partners, a startup prime brokerage focused on digital assets, is raising funds in a Series B […]

The post Crypto-Focused Investment Firm Backed by Citadel Eyeing $1,000,000,000 Valuation in Latest Raise: Report appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO

New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO

Newly created Bitcoin whales reportedly hold a record amount of BTC to the point of controlling 9% of the total supply of coins. Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, shares data showing that short-term holder Bitcoin whales have become one of the primary cohorts of entities. Short-term holders are defined as those […]

The post New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

Venture Capital Firm Co-Founded by Coinbase Executive Seeking $850,000,000 in New Raise: Report

Venture Capital Firm Co-Founded by Coinbase Executive Seeking 0,000,000 in New Raise: Report

A venture capital firm co-founded by an executive of Coinbase is reportedly looking to raise between $750 million and $850 million for a new fund. According to a new report by Bloomberg, anonymous sources familiar with the matter say that crypto venture capital firm Paradigm – founded by Coinbase Global co-founder Fred Ehrsam and ex-Sequoia […]

The post Venture Capital Firm Co-Founded by Coinbase Executive Seeking $850,000,000 in New Raise: Report appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

New Bitcoin ETFs See More Individual Trades Than Top Two Equities ETFs: Bloomberg Analyst

New Bitcoin ETFs See More Individual Trades Than Top Two Equities ETFs: Bloomberg Analyst

A prominent Bloomberg analyst says that Bitcoin (BTC) exchange-traded funds (ETFs) – which only launched in January – are seeing more individual trades than the top two ETFs in the equities markets. In a new thread, Bloomberg senior ETF analyst Eric Balchunas tells his 243,600 followers on the social media platform X that BTC ETFs […]

The post New Bitcoin ETFs See More Individual Trades Than Top Two Equities ETFs: Bloomberg Analyst appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services giant Oppenheimer expects the top US-based crypto exchange platform’s stock to outperform expectations and reach a price tag of $160. In an accompanying research note, […]

The post Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

Bloomberg Analyst Estimates There’s a 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit

Bloomberg Analyst Estimates There’s a 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit

A Bloomberg intelligence analyst is estimating that top US-based crypto exchange platform Coinbase has a 70% chance of winning a motion to toss out the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it. In a new thread, Bloomberg analyst Elliott Stein says that before going into a court hearing on the matter, he believed […]

The post Bloomberg Analyst Estimates There’s a 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024