Kraken And SoFi Link Crypto Trading To Banking Rails

Payward, the parent company of crypto exchange Kraken, and fintech company SoFi Technologies on Thursday announced a deal to route SoFi customers’ crypto orders through Kraken’s institutional trading platform and list SoFi’s stablecoin on the exchange. Under the agreement, SoFi will send its digital asset order flow to Kraken Prime, Kraken’s prime brokerage arm, which … Read more

Kalshi Traffic Jumps 1,520% as Market Share Expands

Major prediction market platform Kalshi has seen its US web traffic explode over the past year, underscoring the platform’s rapid growth while regulators and courts scrutinize its expanding event-contract business. Kalshi recorded 15.4 million visits from the United States in July, up about 1,520% from just under 1 million in August 2025, according to Similarweb … Read more

Bitcoin ETFs Post Biggest Gains Since January as BTC Hits $80K

US-listed spot Bitcoin exchange-traded funds (ETFs) notched their biggest inflows in nearly eight months as BTC reclaimed $80,000. Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily haul since Jan. 14, when the funds attracted $843.6 million, according to SoSoValue data. The surge followed $101.2 million inflows on Wednesday and came … Read more

El Salvador Used No Public Funds for Bitcoin: IMF

El Salvador used no public resources to accumulate Bitcoin after the first review of its International Monetary Fund (IMF) financing program in June 2025, according to the lender.  In a Thursday statement, the IMF said documents supplied by Salvadoran authorities verified that the accumulation came from private donations. According to the lender, the increase in … Read more

French Hill Eyes Bipartisan Path For Clarity Act

U.S. congressman French Hill expressed the importance of bipartisan support to get the long-awaited crypto market structure bill, the Clarity Act, over the line before the midterms.  The lawmaker told Fox Business Thursday that Democrats and Republicans have come to “narrow their differences in getting the bill drafted.  Pro-crypto lawmakers were hoping the Clarity Act … Read more

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity

Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway.  A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November.  Bitcoin started rallying in mid-August after the U.S. Treasury Department said it … Read more

Bitcoin-Gold Correlation Hits Six-Year High

Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement.  That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the … Read more