Morning News Update #Web3


šŸ›ļø @coinbase x @Kalshi: Coinbase teams up with Kalshi to develop a regulated prediction market platform.


šŸ“ˆ @krakenfx Secures $200M: Kraken receives a $200M strategic investment from Citadel Securities, pushing its valuation to $20B.


šŸ“˜ @circle Launches xReserve: Circle unveils xReserve, an interoperability layer enabling blockchains to deploy USDC-backed collateralized stablecoins.


šŸ“Š Market Outlook: Tom Lee says markets may be near a bottom this week; Bitwise CIO calls it a ā€œonce-in-a-lifetime long-term buying opportunity.ā€


āš ļø US OCC Clarifies Crypto Use: The U.S. OCC confirms banks can custody crypto assets for paying blockchain network fees.


#CryptoNews #Web3 #Bitcoin #DeFi #Markets