Kraken Market Watch: BlockDAG’s $397M Presale Success and Ethereum Whale Movements Signal Bullish Crypto Momentum
The cryptocurrency landscape is witnessing significant developments as BlockDAG emerges with remarkable presale achievements while Ethereum demonstrates strong whale-driven momentum. BlockDAG has captured market attention by raising an impressive $397 million in its presale campaign while simultaneously shipping 19,000 mining units, effectively validating its innovative hybrid infrastructure approach. The project's upcoming deployment event in Singapore, organized in partnership with Coinstore, highlights its strategic positioning for global market adoption and establishes BDAG as a compelling investment opportunity in the current digital asset environment. Concurrently, Ethereum has experienced a substantial 25% price surge during Q3 2025, primarily driven by increased whale activity that suggests institutional and large-scale investor confidence in the network's long-term prospects. These parallel developments across different blockchain platforms indicate a maturing market where both established protocols like Ethereum and emerging solutions like BlockDAG are attracting significant capital and attention. The combination of BlockDAG's technical infrastructure advancements and Ethereum's sustained whale-driven growth presents a multifaceted bullish narrative for cryptocurrency investors monitoring platforms like Kraken for trading opportunities and market insights. This convergence of innovation adoption and capital movement underscores the dynamic nature of the digital asset space as it continues to evolve toward mainstream financial integration.
BlockDAG Gains Market Attention Amid Ethereum Whale Activity and Solana Upgrade
BlockDAG is making waves in the crypto market with its presale raising $397 million and shipping 19,000 miners, solidifying its hybrid infrastructure strategy. The project's upcoming Deployment Event in Singapore, hosted with Coinstore, underscores its readiness for global adoption, positioning BDAG as a top investment candidate.
Ethereum's recent 25% rally in Q3 2025 has been fueled by whale activity, with 48 new addresses accumulating over 10,000 ETH each. Despite $33 billion in ETF inflows, volatility persists, as a $67.6 million ETH deposit to Kraken raised concerns of a potential market top.
Solana's Alpenglow upgrade continues to draw attention, but BlockDAG's presale traction and ecosystem deployment set it apart in the competitive crypto landscape.
Kraken Becomes First Major Crypto Exchange to Enter Proprietary Trading Through Breakout Acquisition
Kraken has made a strategic leap into proprietary trading with its acquisition of Breakout, marking a first among major cryptocurrency exchanges. The deal enables qualified traders to access up to $200,000 in capital without personal financial risk, with profit shares reaching 90% upon successful evaluations. Breakout's performance-based model emphasizes skill over capital, requiring traders to pass rigorous risk management assessments.
The evaluation system features flexible 1-step and 2-step challenges with strict drawdown limits of 6% and 8% respectively. Since its 2023 launch, Breakout has funded over 20,000 accounts, scaling up to $2 million for top performers. This MOVE signals a broader industry shift toward institutional-grade trading infrastructure in crypto markets.
Top 3 Crypto Exchanges With Five-Star Customer Support
Cryptocurrency's decentralized appeal has captivated millions, yet its technical infancy often complicates transactions. Reliable customer support becomes critical when funds are stuck or verification fails—a pain point many exchanges neglect.
Kraken stands apart, consistently praised for responsive service that resolves issues swiftly. While forums overflow with complaints about delayed tickets and bot-heavy responses from competitors, Kraken invests in human-centric solutions.
Kraken Expands Tokenized Stock Trading to EU with $3.5B Volume Milestone
Kraken has extended its xStocks tokenized equity service to European Union clients, marking a significant expansion of its $3.5 billion trading volume platform. The move allows EU-based investors to trade digital representations of U.S. stocks like Tesla and Amazon through Kraken's mobile app, powered by Swiss firm Backed's tokenization technology.
The service, which launched globally in June, addresses friction points for European investors seeking U.S. market exposure—eliminating currency conversion fees, settlement delays, and platform transfer limitations. "Expanding xStocks to the European Union was a natural next step," said Mark Greenberg, Kraken's Global Head of Consumer, emphasizing the platform's growth strategy in the region.
