Today’s Insider ⬇️
🚀 Market Expansion: Kraken acquires Breakout to boost advanced trading offerings
📈 Gold Rush: Tether deepens investment in Gold with an extra $100M as market demand surges
🤝 Crypto Regulation: South Korea sets 20% cap on crypto lending in a bid to mitigate over-collateralized loans
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $110,754 | +1.15% | +97% |
Ethereum | $4,292 | -0.17% | +81% |
Solana | $203 | -0.25% | +55.87% |
XRP | $2.80 | +0.11% | +415% |
S&P 500 | $6,483 | +0.54% | +10.27% |
Gold | $3,593 | +1.35% | +36.96% |
1. Kraken Acquires Breakout to Boost Performance-Based Trading
Market expansion: Kraken has acquired Breakout, a proprietary trading firm offering performance-based capital allocation, to expand its advanced trading services.
🔎 Insider Insight: This acquisition reflects Kraken's push to attract skilled crypto traders by rewarding merit and performance over traditional credentials. It also aligns with industry trends emphasizing talent-driven financial services and institutional-scale opportunities.
Top Crypto Insider Pick of 2025
Nearly $7M in Soft Capital: Here is Why BlockchainFX is Attracting Massive Interest
BlockchainFX (BFX) has quickly become a project to watch, raising close to $7 million in soft capital as momentum builds. Interestingly, much of this excitement comes from its unique reward system, which distributes a share of daily trading fees to active users and token holders.
However, beyond rewards, BlockchainFX also boasts a relevant use case that makes it an attractive option for everyday traders. While the market is saturated with crypto exchanges, BlockchainFX aims to provide a unified and seamless trading experience tailored to the evolving needs of everyday traders.
Meanwhile, BlockchainFX prioritizes security, having undergone multiple audits by renowned firms like CoinSult, Certik, and SolidProof, which instills trust among potential investors.
💡 Pro Tip: Having surpassed $6.5 million funding milestone, BlockchainFX is proving its strong market appeal. Meanwhile, added perks, such as custom Visa cards, exclusive memberships, and trading credits of up to $25,000, enhance the project’s attractiveness. At just $0.022 during presale, compared to its $0.05 launch price, $BFX presents a compelling buying opportunity..
2. Tether Invests Additional $100M in Gold Treasury Amid Surging Demand
Gold buy: Tether plans to deepen its gold investments with an additional $100M, expanding its presence across the gold supply chain amid surging demand and record prices.
🔎 Insider Insight: Tether's gold strategy highlights a diversification effort linking blockchain finance with tangible assets like gold, appealing to investors seeking stability. This move strengthens Tether's market dominance while aligning with rising demand for safe-haven investments.
Which cryptocurrency is known as “digital silver” due to its similar properties to Bitcoin’s “digital gold”?
3. South Korea Caps Crypto Lending Rates to Boost Market Stability
Crypto regulation: South Korea’s Financial Services Commission has capped crypto lending interest at 20% annually while banning leveraged lending exceeding collateral value.
🔎 Insider Insight: The new regulations not only introduce strict user protection measures to prevent investor harm but also aim to curb excessive risk-taking in the growing crypto lending market while enhancing transparency and stability. This move could also further limit competitiveness among domestic exchanges.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
