Episode

May 4: Kraken Completes $550M Bitnomial Deal

Podcast
Daily Crypto News
Published
May 4, 2026
Duration seconds
479
Processing state
not_requested
Canonical source
https://shows.acast.com/today-in-web-3/episodes/69f899f168235ca3bcef56f3
Audio
https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/69f899f168235ca3bcef56f3/media.mp3
JSON
/v1/public/podcasts/daily-crypto-news-6024634/episodes/may-4-kraken-completes-550m-bitnomial-deal
Markdown
/podcast/daily-crypto-news-6024634/may-4-kraken-completes-550m-bitnomial-deal.md

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Summary

Bitcoin holds near $79K as Kraken’s parent completes a landmark $550 million acquisition of Bitnomial to gain full CFTC derivatives capabilities. Strategy pauses Bitcoin purchases ahead of earnings, while North Korean terrorism victims obtain a court order to seize $71M in Arbitrum-frozen Kelp DAO ETH. Ethereum ETFs see continued inflows, XRP Ledger emerges as a $3.6B tokenized energy hub, and fake HSBC stablecoin scams are spreading. Markets remain cautious but supported by institutional developments and regulatory progress. Hosted on Acast. See acast.com/privacy for more information.