Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Kraken Parent Payward Posts $508M Q2 Revenue, Up 17% Year Over Year

Payward, Kraken's parent company, reported second-quarter adjusted revenue of $508 million for the quarter ended June 30, up 17% year over year, and remained adjusted EBITDA positive at $23 million. The growth came despite a 13% year-over-year decline in total platform transaction volume to $310
MAGIC-0.45%
CryptoFrontier·36m ago
Kraken Parent Payward Posts $508M Q2 Revenue, Up 17% Year Over Year

U.S. 30-Year Mortgage Rate Falls to 6.67% After Five-Week Rise

U.S. mortgage rates edged lower this week, with the average 30-year fixed mortgage rate falling to 6.67% as of Aug. 13, down from 6.69% the previous week, according to Freddie Mac data. The 15-year fixed rate declined to 5.96% from 6.01%. The decline followed five consecutive weekly increases and
LucasBennett·1h ago
U.S. 30-Year Mortgage Rate Falls to 6.67% After Five-Week Rise

Whale Places $203M Short Bet Against Tokenized SpaceX Stock

A whale trader placed $203.47 million in limit short orders on SPCX, the tokenized version of SpaceX stock, at prices between $141.93 and $142.90 per token. The large bearish bet comes during a volatile period for SPCX, which saw approximately $700 million in trading volume over two days in early
SPCX-1.80%
CryptoFrontier·1h ago
Whale Places $203M Short Bet Against Tokenized SpaceX Stock