List of Flash News about Kraken IPO 2026
| Time | Details |
|---|---|
| 04:26 |
Saudi Arabia to Mine Bitcoin; BlackRock’s Staked Ethereum Trust and Kraken’s 2026 IPO Plans: Trading Impact on BTC, ETH, SPX as Fed Cut Odds Slide
According to @santimentfeed, Saudi Arabia announced it will begin mining Bitcoin, alongside a $1 trillion U.S. investment pledge and a 500MW AI supercomputing collaboration with Nvidia and Elon Musk, positioning the Middle East as a key hub for blockchain and AI infrastructure (source: @santimentfeed). According to @santimentfeed, Bitcoin fell below a key cost-basis level, hinting at bear market conditions, while SPX and YM_F show cleaner upside structures into Nvidia earnings and December discussions on a U.S. crypto market structure bill that adds bullish momentum for BTC (source: @santimentfeed). According to @santimentfeed, odds of a December Fed rate cut dropped below 43% amid a canceled October jobs report and delayed November data, increasing volatility as the U.S. Senate prepares a December vote on a crypto market structure bill viewed as supportive for Bitcoin (source: @santimentfeed). According to @santimentfeed, Kraken confidentially filed for a U.S. IPO after an $800 million round valuing the exchange at $20 billion, backed by Citadel and Jane Street, with a target listing in 2026 that signals confidence in exchange growth and improving regulatory clarity (source: @santimentfeed). According to @santimentfeed, BlackRock filed for a Staked Ethereum Trust in Delaware and transferred over $800 million in BTC and ETH to Coinbase Prime, signaling preparation for a staked ETH ETF that could attract institutions or intensify selling amid current ETF outflows (source: @santimentfeed). |