Day: November 19, 2025

Crypto Exchange Kraken Submits Confidential US IPO Filing

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Kraken, the US cryptocurrency exchange headquartered in Wyoming, announced the confidential filing of a draft registration statement for a proposed initial public offering, following months of speculation among many in the cryptocurrency and blockchain industry. In a Wednesday notice, Kraken said it had confidentially submitted a Form S-1 with the US Securities and Exchange Commission for a proposed IPO of its common stock, setting the groundwork for the company to go public. Kraken noted that the IPO was still subject to review by the SEC, which recently returned to full…

BTC’s Drop To $90K Signals A Deep Capitulation Phase, And Buy Signal

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Bitcoin’s (BTC) drawdown on Monday pushed the asset into a 26.7% loss, narrowly overtaking the 26.5% slide seen in April, and marking the steepest correction of the current bull market. The move red-lined multiple market structure indicators, suggesting the current correction could be a final leverage washout phase. Bitcoin bull market correction levels. Source: CryptoQuant Key takeaways: Bitcoin’s 26.7% correction is now the largest of the cycle. The Crypto Fear & Greed index shows ‘Extreme Fear’ among investors, but as a counterindicator, it could be a sign that Bitcoin is…

Is XRP Cracking? Holders Grow Anxious as the $2 Level Comes Under Threat

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XRP drops 10% to $2.16 as on-chain data shows rising anxiety. Support at $1.91 and $1.73 may be key if price continues falling. XRP is under pressure after a 12% weekly decline that has pushed it below $2.15. On-chain metrics show signs of stress, with key support levels now in focus. Sentiment Slides Into Anxiety Long-term XRP holders are showing early signs of concern. Data from the Net Unrealized Profit/Loss (NUPL) metric shows a shift from euphoria to denial, now moving into anxiety. Analyst Ali Martinez said, “Anxiety is…

2026 May See a Surge of Crypto ETF Approvals — Analyst

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The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at investment firm Bitwise, told CNBC on Wednesday. Hougan said: “It’s going to be ETF-palooza in crypto land. I think there will be 100-plus launches. We’re going to see a lot of single-asset crypto ETPs. What…

Are Euro Stablecoins the Answer to ECB Dollarization Worries?

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Central bankers in the European Union are making the case that US dollar-backed stablecoins could be a threat to their ability to make monetary policy. The stablecoin market has boomed over the past year, largely driven by legal certainty in the US. Each month marks a new all-time high for stablecoin market capitalization. But policymakers at the European Central Bank (ECB) are concerned about what this increased adoption of dollar-based assets could mean during a time of crisis. Issuers of stablecoins backed by the euro and the pound recognize those…

Kraken confidentially files for US IPO

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Key Takeaways Kraken has confidentially filed for a US initial public offering with the SEC. The IPO timeline is pending regulatory review and market conditions. Share this article Payward, the company behind Kraken, a well-known US-based crypto, has confidentially submitted a draft registration for an initial public offering (IPO) with the US Securities and Exchange Commission, according to a Wednesday statement. The specifics, including the number of shares and price range, have not been determined. The IPO is anticipated following the SEC’s review, contingent on market conditions. The move comes…

UAE controls 6,450 Bitcoin from state-backed mining

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Key Takeaways The UAE holds approximately 6,450 Bitcoin from state-backed mining operations, ranking as the fourth-largest sovereign holder. Citadel Mining, majority-owned by International Holding Company, acquired these Bitcoin through mining rather than market purchases. Share this article The UAE’s Royal Group, a major conglomerate tied to Abu Dhabi’s ruling family, has amassed about 6,450 Bitcoin via state-sponsored mining, placing the country among the largest sovereign holders of BTC, according to Arkham Intelligence data. By the end of August 2025, Arkham reported that the Royal Group held more than 6,300 BTC…

ETH Leverage Soars While Price Stalls – A Major Risk Signal?

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Binance data shows a crowded derivatives market, with investors using record leverage as ETH trades in a tight range. Ethereum’s derivatives market is flashing a warning sign, with data from Binance showing the coin’s estimated leverage ratio (ELR) climbed to a record 0.5617 on November 19, while the spot price drifted around $3,000. Experts suggest that this combination of extreme leverage and flat price action makes the cryptocurrency vulnerable to a sharp move in either direction. Record Leverage Meets Flat Price as Liquidity Resets According to analytics platform Arab…

Why Kohaku Is Central to Ethereum’s 2025 Privacy Shift

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Ethereum’s privacy paradox When Vitalik Buterin walked on stage at Devcon 2025 to demo Kohaku, he summed up Ethereum’s situation bluntly. The network has strong security and privacy research and solid layer-1 security. But it still hasn’t “leveled up the last mile,” the wallets and apps people actually use. On paper, Ethereum has spent a decade leading the way. Elliptic-curve precompiles in 2018 opened the door to zero-knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs) and privacy tools like Tornado Cash and Railgun. The DAO hack in 2016 pushed the ecosystem…

HSBC To Launch Tokenized Deposits In US And UAE in 2026

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Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of 2026, according to a Bloomberg report on Tuesday. The Tokenized Deposit Service (TDS) by HSBC enables clients to send money domestically and abroad in seconds around the clock, said Manish Kohli, HSBC’s global head of payments solutions. “The topic of tokenization, stablecoins, digital money and…