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    Kraken’s Parent Company Moves to Acquire a Bank in Europe

    Kraken’s Parent Company Moves to Acquire a Bank in Europe

    Key TakeawaysPayward agreed to acquire Saldo Bank’s Finnish parent, securing a path toward an EU banking license.Saldo Bank operates across four European markets, with authorization to expand into the Netherlands.Kraken’s parent expects the acquisition to close in...
    US Inflation Reaches 4-Month High as Bitcoin Bulls Retreat

    US Inflation Reaches 4-Month High as Bitcoin Bulls Retreat

    Key TakeawaysU.S. inflation reached 3.7% in September as gasoline prices jumped 9.1%, driving more than half the monthly increase.Bitcoin dropped roughly $1,000 after the CPI release, falling below $83,000 as Treasury yields climbed.The Federal Reserve faces another...
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