The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62.5% of tokens will be distributed to users.
Cryptocurrency Exchange News

Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
- News1588
- Market Analysis
The spot Bitcoin ETFs recorded four straight months of outflows, with hodlings down 85,000 BTC since October 2025. Is slowing institutional demand the death knell for BTC price?
2149 - Market Analysis
Bitcoin holds its range trend even as the funding rate turns negative and BTC open interest flatlines. Is the data leaning toward a short squeeze back to $70,000?
1687 - Price Analysis
Bitcoin and altcoins sold-off as US stock markets digested US President Donald Trump’s fresh 15% global tariff. Are new 2026 lows in store?
2055 - News
While Coinbase and others await decisions on their applications, the federal banks regulator has signaled friendliness to crypto companies through several conditional approvals.
1801 - News
The Austrian Financial Market Authority has frozen new business at KuCoin EU months after granting the exchange a MiCA license, citing gaps in key AML and sanctions roles.
960 - News
Gemini’s Tyler Winklevoss said he’s “optimistic” amid peak crypto pessimism, but SEC filings, layoffs and public data on Winklevoss Capital’s BTC sales paint a different picture.
1444 - News
Elliptic says that despite increased regulatory pressure, a handful of crypto exchanges continue to serve sanctioned Russian entities.
2388 - Market Update
Despite the sharp multi-month market downtrend, Bitcoin whales added 236,000 BTC since December 2025, with order size data showing large players building new positions.
3171 - Newsletter
Crypto illiquidity is pressuring DeFi lending companies, but Wall Street giants continue to increase their exposure to the world’s largest Ethereum treasury company.
1870 - Price Analysis
The failure of the bulls to start a strong recovery in Bitcoin and the major altcoins suggests that the bears intend to remain active at higher levels.
3601 - News
Lawmakers criticize South Korea’s Financial Services Commission after Bithumb mistakenly credited 620,000 BTC and the probe faces delays.
1820 - Market Analysis
The Bollinger Bands indicator has narrowed to its tightest level on record, a rare technical setup that analysts say is a sign of a pending directional move.
2306 - Market Analysis
Bitcoin trades in a tight demand zone that formed in 2024, but previous bear market data suggests the channel will break and lead to new lows.
1906 - Market Analysis
Bitcoin’s sideways price action begins to narrow as a key trading metric hints that a decisive breakout is pending. Will bulls finally overcome the $70,000 resistance zone?
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