xStock's total trading volume surpasses $10 billion
on November 13, the total trading volume of xStocks exceeded $10 billion after 135 days of launch, including nearly $2 billion in on-chain trading volume. xStocks is a US stock token trading platform developed by Kraken and Backed. Through xStocks, eligible users in certain regions can invest in US stocks and ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates: BitMine Capitalizes on Market Slump to Acquire 2.9% of Ethereum Tokens
- Bitcoin fell below $103,000 on Nov 12 amid $120M+ leveraged liquidations on Binance, exposing crypto market fragility. - BitMine Technologies capitalized on the dip, acquiring 2.9% of Ethereum's supply ($828M) to boost treasury holdings. - $341.85M in total crypto liquidations highlighted overextended positions, with Ethereum short sellers losing $76M. - Aggressive bearish bets like James Wynn's $275K 40x short face liquidation risks if Bitcoin recovers above $6,856. - Analysts warn weak ETF inflows and
Prediction Markets Move Into the Mainstream with Polymarket’s Return to the U.S.
- Polymarket relaunches U.S. beta after CFTC fine, now compliant via $112M QCX acquisition. - Partnerships with Yahoo/Google boost legitimacy as trading volume hits $3.01B, targeting sports betting. - Faces competition from Kalshi and ProphetX, which seeks CFTC license for nationwide expansion. - Industry grapples with fraud risks amid scandals, prompting calls for clearer regulatory boundaries. - Traditional firms like eToro and CME explore prediction markets, signaling mainstream adoption.
Bitcoin Updates: Crypto Fear Index at 15—Is This Surrender or a Chance to Invest?
- Crypto Fear & Greed Index hit 15, a seven-month low, signaling extreme investor pessimism amid macroeconomic and regulatory pressures. - Historical data suggests such fear phases often precede market recoveries, with Bitcoin near 2022 rebound levels and Ethereum whale buying surging. - Bitcoin ETFs saw $523M inflows as institutional demand returns, contrasting Ethereum's outflows and Brazil/Japan's new regulatory crackdowns. - Analysts urge long-term investors to view the dip as an opportunity, while sho
Bitcoin Updates: Japan Strives to Foster Crypto Advancements While Ensuring Investor Protection Amid DATs Decline
- Japan Exchange Group (JPX) plans stricter rules for digital-asset treasury (DAT) firms amid volatile stock collapses, including enhanced audits and backdoor listing restrictions. - Metaplanet and Convano, major DATs holding thousands of BTC, have lost over 60% of their value, reflecting global market instability linked to crypto-heavy strategies. - Regulators warn DATs pose risks to retail investors due to reliance on volatile assets, while Japan balances innovation incentives with governance safeguards
