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Kraken Acquires Small Exchange, IG Group's Regulatory-Compliant Trading Platform, in $100 Million Deal

4 hours ago

On October 16th, according to official information, Kraken announced today that it has purchased the Small Exchange from IG Group for $100 million. The Small Exchange is a designated contract market (DCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC). This action paves the way for Kraken to launch a fully U.S.-based derivatives product suite and establish a deep and mature onshore trading venue in the world's largest capital market. Through this acquisition, Kraken will further pursue its mission of building a unified high-performance trading environment. Obtaining DCM status enables Kraken to design and create a derivatives market listed on a U.S. trading platform under the supervision of the CFTC.
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US Crypto Stocks Up in Pre-market Trading, CRCL Up 1.35%, SBET Up 3.7%

On October 16th, based on market data, the pre-market trading of US crypto stocks exhibited a general upward trend, encompassing: Coinbase (COIN) increased by 1.01%; Circle (CRCL) rose by 1.35%; MicroStrategy (MSTR) went up by 0.96%; Bullish (BLSH) rose by 0.49%; Bitmine (BMNR) increased by 1.76%; SharpLink Gaming (SBET) rose by 3.70%; BTCS (BTCS) went up by 1.34%; ALT5 Sigma (ALTS) increased by 0.41%; American Bitcoin (ABTC) rose by 1.25%.

1 minutes ago

The whale that opened a **$140M** short position yesterday has now increased their ETH long position, with the position size currently standing at **$19.7M**.

On October 16th, according to on-chain analyst Ai Yi (@ai_9684xtpa), yesterday, the whale address that opened a short position of $140 million USD in BTC has just (previously closed the short and went long) and increased its long position in ETH. The current position is as follows: · BTC 5x Long: Holding $7.62 million USD (68.42 BTC), with an entry price of $111,066.5. · ETH 3x Long: Holding $19.7 million USD (4,859.83 ETH), with an entry price of $4,056.06.

1 minutes ago

Binance Alpha and Futures will list Astra Nova (RVV)

On October 16th, as per official information, Binance Alpha and Futures Trading are set to list Astra Nova (RVV).

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Yesterday, the whale opened a $140 million short position and took a light long position on ETH, with a position size of $2.467 million.

On October 16th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), yesterday the whale address that established a $140 million short position in BTC just opened a 3x long position in ETH, and the position value was only $2.467 million.

1 minutes ago

Yesterday's whale who opened a **$140 million short position** has now flipped and entered a long position with a small amount of BTC.

On October 16th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale address that had opened a short position of $140 million in BTC yesterday has now switched to a long position. It just opened a 5x long position and is currently holding 68.42 BTC (approximately $7.62 million), with an entry price of $111,066.5. Additionally, it has placed a limit buy order of $14.65 million at the level of [$111,000 - $111,053].

1 minutes ago

Strategy Founder Michael Saylor followed account @HeYiCreateTime

On October 16th, as monitored by Big Tech Alert, Michael Saylor, the founder of the largest Bitcoin treasury company Strategy, has followed Binance co-founder He Yi on account X.

1 minutes ago