hodler

1 Jun 2026, 21:31

USDT0 deposits and withdrawals now available on Tempo!

Kraken now supports deposits and withdrawals of USDT0 on the Tempo network, making Kraken the first major US exchange to natively support Tempo. Clients can move stablecoins on Tempo with sub-second settlement and pay network fees directly in USD stablecoins, with no separate gas token required. Funding USDT0 funding via Tempo is now live. Deposit link below. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. USDT0 funding via Tempo About Tempo and USDT0 Tempo Tempo is a purpose-built Layer 1 blockchain for payments, incubated by Paradigm and Stripe and shaped with input from category-defining fintechs, banks, and commerce platforms. Designed for real-world payments at scale, Tempo offers deterministic settlement in roughly 0.6 seconds with no re-orgs, dedicated payment lanes for guaranteed low fees even during peak activity, and stablecoin-native gas — letting users pay transaction fees in USD stablecoins instead of a volatile network token. This makes Tempo well-suited for moving stablecoins at scale across cross-border payments, payroll, embedded finance, and institutional money movement. USDT0 USDT0 is Tether’s omnichain version of USDT, designed to move natively across supported networks while remaining 1:1 redeemable for the underlying USDT reserve. On Tempo, USDT0 provides clients with a fast, low-cost rail for dollar-denominated transactions. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions. The post USDT0 deposits and withdrawals now available on Tempo! appeared first on Kraken Blog .

1 Jun 2026, 21:10

Strive plans $4.2 billion expansion of stock offering programs to fund Bitcoin buys

Strive (NASDAQ: ASST) has announced that it expects to raise the size of its at-the-market offering programs for both its Class A common stock and its SATA preferred shares by $2.1 billion each. The company has also continued building its corporate treasury, adding approximately 2,649 BTC to its holdings. The company’s CEO Matt Cole disclosed the plan on X, writing that the increases show that there is demand for both securities. Strive plans $4.2 billion ATM expansion Strive Inc. (NASDAQ: ASST) has announced that it will be increasing the size of its at-the-market offering programs for both its Class A common stock and its SATA preferred shares by a combined $4.2 billion ($2.1 billion each). If completed, the Class A common stock ATM program would grow to a maximum of $2.55 billion, while the SATA preferred stock program would reach $2.6 billion. CEO Matt Cole announced on social media that the decision is due to increased liquidity and investor demand for both securities. Cole added that Strive would release an updated balance sheet before U.S. markets open on Tuesday, June 2. The expansions are required to make the necessary filings with the U.S. Securities and Exchange Commission, including amended prospectus supplements and a certificate of amendment for SATA. The company emphasized that the announcement does not constitute an offer to sell securities. Strive qualifies as an emerging growth company under SEC regulations. The company reported eliminating all outstanding debt as of May 12 and holds no margin requirements or encumbered Bitcoin What is the value of Strive’s current Bitcoin holdings? BitcoinTreasuries.net referred to this week as “the most impressive” one in SATA’s history. During the shortened Memorial Day trading week that ended May 30, Strive acquired an estimated 2,649 Bitcoins across four days, worth roughly $193 million at an average price of about $73,000 per coin. Friday alone accounted for an estimated 1,179 BTC purchased with $86.65 million in net proceeds. That single-day figure was larger than any previous full week of SATA-funded acquisitions. Strive now holds approximately 16,500 BTC, placing it seventh among publicly traded corporate Bitcoin holders on the BitcoinTreasuries.net leaderboard , just above Coinbase at 16,492 BTC and Riot Platforms at 15,680 BTC. SATA is a perpetual preferred stock with no fixed maturity date that pays a 13% annualized dividend. Proceeds from share sales go primarily toward Bitcoin acquisitions. SATA will begin paying its dividends daily starting June 16. Cryptopolitan previously reported that the initial $149.3 million SATA offering in November 2025 funded the purchase of 1,567 BTC. The company has since grown its total holdings from 69 BTC in September 2025 to the current 16,500 through 17 separate purchases. H.C. Wainwright has set a $36 price target on ASST. The stock closed at $18.21 on Friday and has gained 133% over the past three months, though it remains down more than 80% from its 2025 peak. The company reported a GAAP net loss of $265.9 million for Q1, driven by Bitcoin’s decline during the quarter. The smartest crypto minds already read our newsletter. Want in? Join them .

1 Jun 2026, 21:05

Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act

BitcoinWorld Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act The Indian rupee’s recent trajectory has placed the Reserve Bank of India (RBI) in a complex policy bind, caught between managing domestic inflation expectations and stabilizing the currency in a volatile global environment. A new analysis from Societe Generale outlines the central bank’s delicate balancing act, weighing the implications of interest rate decisions against foreign exchange intervention strategies. The Core Dilemma: Rates vs. Rupee Stability Societe Generale’s report highlights that the RBI faces a challenging trade-off. On one hand, persistent inflationary pressures, partly fueled by food prices and global commodity costs, argue for maintaining or even raising interest rates. On the other, a strong dollar and capital outflows from emerging markets have put the rupee under depreciation pressure. Aggressive rate hikes could further slow economic growth, while inaction risks capital flight and a weaker currency that fuels import-driven inflation. FX Intervention and Its Limits The RBI has actively intervened in the foreign exchange market, selling dollars to prevent excessive rupee depreciation. However, Societe Generale notes that such interventions have finite limits, especially given India’s foreign exchange reserve levels and the need to preserve them for genuine external shocks. The report suggests that the central bank may need to rely more on rate signals to guide market expectations rather than sustained FX operations. Implications for Traders and Investors For market participants, the analysis implies continued volatility in the USD/INR pair. The rupee’s direction will depend heavily on the RBI’s communication strategy and its willingness to let the currency find a market-clearing level. Investors in Indian debt and equity markets should monitor policy statements for clues on the RBI’s tolerance for depreciation versus its inflation-fighting commitment. Conclusion The Societe Generale analysis underscores a pivotal moment for Indian monetary policy. The RBI must navigate between supporting growth, controlling inflation, and maintaining external stability without depleting reserves. The coming months will test the central bank’s credibility and its ability to manage multiple objectives in a challenging global macroeconomic landscape. FAQs Q1: Why is the RBI facing a dilemma on interest rates? The RBI must balance controlling inflation, which may require higher rates, against supporting economic growth, which lower rates would encourage. Additionally, rate decisions impact capital flows and the rupee’s exchange rate. Q2: How does the rupee’s weakness affect the Indian economy? A weaker rupee makes imports more expensive, contributing to inflation, especially for oil and other commodities. It can benefit exporters but also increases the cost of foreign debt servicing. Q3: What is the significance of Societe Generale’s analysis? Societe Generale is a major global financial institution. Its analysis provides an independent, expert perspective on the RBI’s policy challenges, helping investors and policymakers understand the trade-offs involved. This post Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act first appeared on BitcoinWorld .

1 Jun 2026, 20:52

Anthropic Files for IPO, 71% Chance Goes Public Before OpenAI

Anthropic has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering, placing the Claude developer on a possible path to one of the most closely watched stock market debuts in the artificial intelligence sector. The company said the filing covers a proposed IPO of its common stock, although it did not disclose the number of shares it may sell or the expected price range. Anthropic said the offering would move forward only after the SEC completes its review and would depend on market conditions and other factors. The confidential filing does not require Anthropic to list within a fixed period, but it allows the company to begin the regulatory review process before releasing a public prospectus to investors. The step comes as Wall Street is preparing for several large technology listings tied to artificial intelligence and advanced computing. Anthropic Moves Ahead of OpenAI in IPO Race Anthropic’s filing places the company ahead of OpenAI in the race among leading AI firms to reach public markets. OpenAI has also been preparing for a confidential IPO filing, while investor attention has also turned to SpaceX after the company moved forward with its own listing plans. Prediction markets reacted quickly to the filing. Polymarket odds showed Anthropic with a 71% chance of going public before OpenAI, a sign that traders increasingly view the Claude developer as the next major AI company likely to test public-market demand. The IPO process could give public investors a direct look at Anthropic’s financial profile after years of rapid private-market growth. The company, founded in 2021 by former OpenAI employees, is best known for Claude, its family of AI models used in consumer products, enterprise services, and software development tools. Valuation Debate Grows Around Anthropic Anthropic’s commercial growth has been tied closely to demand for Claude Code and other business-facing AI products. Reuters reported that the company recently raised $65 billion at a $965 billion post-money valuation, placing it among the most valuable private technology companies globally. The IPO filing has also fueled debate over how public investors may price the company if it lists during the current AI boom. Polymarket pricing has placed a 61% probability on Anthropic reaching a $1.8 trillion valuation at IPO, although the figure remains a prediction-market signal rather than company guidance. Source: X As per the Kobeissi Letter, the combined IPO-day market capitalization of Anthropic and SpaceX could exceed $3.5 trillion if both companies list near current expectations. That estimate reflects investor demand for AI and compute-linked assets, but the final values would depend on pricing, share structure, market conditions, and public investor appetite. SpaceX's Compute Deal Adds Another Investor Focus Anthropic’s rise has also been linked to the cost of computing capacity, which remains one of the largest expenses for advanced AI developers. The company has entered large infrastructure agreements as it works to support model training and product usage across a growing customer base. Reports have linked Anthropic to a compute agreement with SpaceX-linked infrastructure, including access to data center capacity as demand for AI infrastructure rises across the sector. According to analysts, it is estimated that Anthropic could pay about $24 billion in annual revenue per nameplate gigawatt of capacity, while SpaceX AI's buildout cost was estimated at $29 billion per gigawatt. Those figures have drawn attention because they suggest that computing infrastructure could generate large cash flows if utilization remains high. If the contract lasted five years, market estimates suggested more than $50 billion in cumulative pre-tax cash flow, although that scenario depends on contract duration, operating costs, capacity availability, and whether the deal continues beyond its initial period. However, amid the predictions, Elon Musk has pushed back against stronger interpretations of the arrangement, saying, “Let’s not get carried away. This is a short-term deal.”

1 Jun 2026, 20:00

FX Options Expiries Set to Influence Currency Pairs on Tuesday

BitcoinWorld FX Options Expiries Set to Influence Currency Pairs on Tuesday Currency markets are bracing for heightened volatility on Tuesday as a cluster of large FX options expiries are set to roll off, potentially influencing the direction of major pairs including EUR/USD, GBP/USD, USD/JPY, and AUD/USD. Options expiries, which represent contracts that settle at a predetermined price, often act as magnetic levels that can attract or repel price action as traders hedge or unwind positions. What Are FX Options Expiries and Why Do They Matter? Foreign exchange options give the holder the right, but not the obligation, to buy or sell a currency pair at a specific strike price before or at expiration. When large notional amounts are concentrated at a particular strike, market makers and institutional traders often adjust their positions to neutralize risk, which can create short-term support or resistance levels. Tuesday’s expiries include significant open interest at key technical levels. For EUR/USD, the 1.0800 and 1.0850 strikes are heavily populated, while USD/JPY shows notable concentrations near 151.00 and 152.00. These levels may act as price magnets during the New York and London sessions, especially if spot rates approach them ahead of the 10:00 AM New York cut-off time. Key Levels to Watch on Tuesday Traders are closely monitoring the following expiry clusters, based on publicly reported data from major clearing houses and brokerages: EUR/USD: Large expiries at 1.0800 (€1.2 billion) and 1.0850 (€900 million). The pair is currently trading near 1.0820, placing it between these two strikes. USD/JPY: Notable open interest at 151.00 ($1.5 billion) and 152.00 ($1.1 billion). The dollar-yen pair has been range-bound in recent sessions, and these levels could reinforce existing support and resistance. GBP/USD: A sizeable expiry at 1.2700 (£750 million), with additional interest at 1.2650 and 1.2750. AUD/USD: Concentrated strikes at 0.6600 (A$800 million) and 0.6650 (A$600 million), reflecting the pair’s recent consolidation. Market Implications and Trading Considerations While options expiries do not guarantee price direction, they often increase the likelihood of price reversals or accelerations as the cut-off time approaches. Dealers typically hedge their books by buying or selling the underlying spot, which can amplify moves if a strike is breached. For example, if EUR/USD trades above 1.0850 ahead of expiration, dealers who sold call options may need to buy back euros to cover their short exposure, potentially pushing the pair higher. Conversely, a failure to break above a heavy strike can lead to a sharp reversal as hedging flows unwind. This week’s expiries coincide with a relatively light economic calendar, which means technical factors and position adjustments may have an outsized impact on intraday volatility. Conclusion Tuesday’s FX options expiries present a tactical opportunity for traders to anticipate short-term price dynamics. While the underlying fundamentals of each currency pair remain driven by interest rate differentials and macroeconomic data, the concentration of expiries at key levels introduces a layer of technical influence that can shape session flows. Market participants should monitor these levels closely, particularly during the final hour before the 10:00 AM New York cut-off. FAQs Q1: What exactly is an FX options expiry? An FX options expiry is the date and time at which an options contract settles. At expiration, the holder must decide whether to exercise the option or let it expire worthless. Large expiries can influence spot prices as dealers hedge their risk. Q2: How do options expiries affect currency pair prices? Market makers and banks that sold options often hedge their exposure by trading the underlying spot currency. As expiration approaches, these hedges can create support or resistance at the strike price, or amplify moves if the spot rate breaks through the strike level. Q3: Are FX options expiries predictable? Yes, data on open interest and notional amounts at various strikes is publicly available from clearing houses such as the Depository Trust & Clearing Corporation (DTCC) and major interdealer brokers. Traders use this information to anticipate potential price behavior. This post FX Options Expiries Set to Influence Currency Pairs on Tuesday first appeared on BitcoinWorld .

1 Jun 2026, 19:30

Pundit Says XRP Has A 53% Chance Of Reaching The $11 Price Mark – Here’s Why

XRP may be heavily bearish right now, as its price steadily falls toward the $1.30 mark due to the highly unfavorable market environment. However, several predictions suggest that this phase is simply temporary and the broader outlook is extremely bullish, with the potential of reaching unprecedented levels such as $11. XRP’s Probability To Hit Unprecedented Levels Grows Despite how bearish the XRP price may appear, its broader outlook seems bullish, believed to touch a two-digit value in the foreseeable future. Multiple predictions regarding this move have started to unfold across the space, putting XRP in the spotlight. A market analyst known as Cheeky Crypto has spurred new debate in the cryptocurrency community following a prediction that the leading altcoin could hit the $11 price level. According to the market expert, the token has about a 53% chance of reaching this audacious level very soon. His forecast is based on a number of factors, including market structure, past price behavior, and changing adoption trends. The major development here is the formation of a macro broadening wedge pattern. However, the question remains: can this massive macro pattern really bolster XRP to the $11 mark, or is the market setting up an expansive technical trap? After analyzing the data market in the long term, the expert found a specific geometric structure coiling on the charts with a critical statistical division, which suggests a 53% mathematical probability of an explosive breakout. At the same time, the analysis shows a 47% chance of a catastrophic breakdown. In the meantime, the success of moving either way requires short-term moving averages to focus completely on multiple key factors. These include hidden algorithmic accumulation, institutional order book, on-chain data trends, and cryptocurrency exchange reserves hitting critical low levels. Furthermore, navigating this extreme volatility and the psychological warfare waged by whales or large holders will require keeping emotions detached from daily candles and implementing a strict exchange-redundancy strategy across tier-one platforms. As this trend materializes, Cheeky Crypto has revealed a shift in behavior among retail holders. Currently, these traders are tracking these macro structures, which can enable them to protect their capital by aligning their time horizons with the months-long timeline of the chart rather than rushing the process with high leverage. Massive Outflows From Crypto Exchanges In the face of ongoing volatility, on-chain data shows that a massive amount of XRP has left crypto exchanges. Santiment, a popular market intelligence, reported that the wave of outflows occurred just after the largest exchange inflow since 2026 began, involving +22.80 million XRP, which occurred on Thursday. As of Saturday, over 25.24 million XRP were withdrawn from trading platforms , suggesting a shift in investors’ behavior as they choose private custody. Another key aspect of this development is that the massive flow of coins to exchanges occurred right at the local bottom in XRP’s price. This move left retail traders who decided to sell off at the lowest price in 15 weeks regretting their decision. Since this day of capitulation, the trading value of the fifth-largest crypto asset by market cap has increased by a slight +5%.