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HomeCrypto NewsCrypto Majors Chop ahead of NVDA earnings! Kraken raises $800M! Fidelity launch...

Crypto Majors Chop ahead of NVDA earnings! Kraken raises $800M! Fidelity launch SOL ETF!

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“`json
{
“title”: “Market Analysis: Crypto Volatility Amid NVIDIA Earnings, Kraken’s $800M Funding Round, and Regulatory Developments”,
“content”: “Digital asset markets displayed cautious optimism as major cryptocurrencies recorded modest gains ahead of NVIDIA’s quarterly earnings announcement. Bitcoin maintained position near $91,300 while Ethereum advanced 2% to $3,090. Other prominent assets including BNB and Solana each registered 1% increases, trading at $922 and $139 respectively. Notable performers included MYX with a 38% surge, STRK climbing 30%, and ZEC posting a 10% gain.\n\nMarket analysts observed Bitcoin’s recent 30% correction unfolded significantly faster than previous downturns, completing within 42 days compared to 147 days during Summer 2024 and 77 days in April 2025.\n\nIn corporate developments, Kraken secured $800 million in funding at a $20 billion valuation. The investment round featured leadership from Jane Street and DRW, with Oppenheimer participating and Citadel acquiring a $200 million stake.\n\nThe Ethereum Foundation unveiled ambitious plans for its Interoperability Layer initiative, targeting seamless integration across all EVM-compatible Layer 2 networks to create unified chain functionality.\n\nRegulatory landscape shifts included the Office of the Comptroller of the Currency authorizing national banks to hold and utilize digital assets for specific purposes including transaction fees and application testing. New Hampshire pioneered municipal finance innovation by issuing the first Bitcoin-collateralized municipal bond.\n\nIn other significant movements, Mt. Gox transferred 10,608 Bitcoin valued at approximately $1 billion between wallets, signaling potential progress in long-awaited creditor repayments. Separately, Tether announced a strategic capital infusion into Ledn to enhance Bitcoin-secured lending services.”,
“tags”: [“cryptocurrency markets”, “blockchain funding”, “digital asset regulation”, “Bitcoin analysis”, “Ethereum development”]
}
“`

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