Archives

September 21, 2022 @ 5:07 pm By JD Alois  |  

Kraken, a top five crypto exchange operating in the US, has announced that Kraken CEO Jesse Powell will step down and be replaced by current COO Dave Ripley. In a blog post, Kraken explained that after a “rigorous” search Ripley was selected for the CEO… Read More

September 18, 2022 @ 1:12 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their platform now supports EthereumPoW (ETHW). As mentioned in an update posted on September 16 by Kraken, ETHW trading “is live and the ETHW token has been distributed to eligible clients.” A further announcement will be… Read More

September 8, 2022 @ 10:33 pm By Omar Faridi  |  

After July’s green candles, August 2022 resumed a downward trend for crypto-assets across the board, the team at Kraken noted in a new report. Bitcoin, Ethereum and the rest of the crypto market “saw negative returns for the month.” Prices of BTC (-14%) and ETH… Read More

August 14, 2022 @ 3:26 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that Basilisk (BSX) has begun trading on their platform. Clients can add BSX to their Kraken accounts “by navigating to Funding, selecting Basilisk, and then Deposit.” Trading with this token started on August 11, 2022. According to… Read More

August 8, 2022 @ 3:21 pm By Omar Faridi  |  

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

August 1, 2022 @ 9:47 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Crust Shadow (CSM). Customers may now choose to add CSM to their Kraken accounts by simply “navigating to Funding, selecting the asset, and then Deposit.” Trading will… Read More

July 24, 2022 @ 2:48 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

July 13, 2022 @ 2:27 pm By Omar Faridi  |  

Cryptocurrency markets remained fairly bearish in June 2022 after May’s broad market sell off, the team at Kraken notes in a report. All crypto sectors “reported negative returns month-over-month; even the best performers posted losses exceeding -18%.” Meme and metaverse coins “performed only slightly better… Read More

July 6, 2022 @ 8:36 am By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Interlay (INTR). You can add INTR to your Kraken account “by navigating to Funding, selecting the asset, and hitting Deposit.” Trading will “begin June 30th.” Here’s what you need to… Read More

July 3, 2022 @ 10:24 pm By Omar Faridi  |  

  Analysis of online jobs data has found that digital currency exchange Kraken is “leading” the crypto recruitment charge. The company is looking “to fill over 650 new positions in the past week in the UK and United States.” Further analysis shows that Jack Dorsey’s… Read More

June 18, 2022 @ 4:01 pm By JD Alois  |  

Jesse Powell, CEO of crypto exchange Kraken, has taken to Twitter to defend Kraken’s recent culture statement that attempted to be inclusive of everyone’s beliefs but apparently offended woke-leaning employees. Powell said that during “heated debates” about 20 people out of 3200 were not on… Read More

June 15, 2022 @ 10:46 pm By Omar Faridi  |  

Digital asset firm Kraken recently revealed that they now support new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI). Margin trading is now offered via Kraken for several new pairs. You may view the complete list of supported pairs here. As covered,… Read More

June 15, 2022 @ 2:04 pm By JD Alois  |  

Multiple Fintechs have recently announced layoffs due to the faltering economy and rising interest rates. Most people are predicting a recession – one that could be long and hard. Due to the current economic malaise and forward expectations, companies like Coinbase, BlockFi, and others have… Read More

June 5, 2022 @ 6:41 pm By Omar Faridi  |  

Prices of digital assets crashed in early May 2020, when Bitcoin (BTC) fell almost 32% from $39,500 to $27,000 within only a week. The team at Kraken asks, “Could this be the beginning of a long crypto winter?” Or do the on-chain metrics “tell a… Read More

May 31, 2022 @ 3:07 pm By Omar Faridi  |  

The team at digital asset firm Kraken says they are pleased to announce that their crypto trading platform now supports Alchemy Pay (ACH), IDEX (IDEX) and Request (REQ). Funding is live, and trading will “begin on May 31 at approximately 14:30 UTC.” You may keep… Read More

May 23, 2022 @ 3:23 pm By Omar Faridi  |  

The team at Kraken is pleased to confirm that the crypto trading platform now supports Civic (CVC), Radicle (RAD) and SuperFarm (SUPER). As confirmed in the update, funding is live, and trading was scheduled to begin on May 19, 2022 “at approximately 14:30 UTC.” Kraken… Read More

May 16, 2022 @ 8:14 pm By Omar Faridi  |  

Following Kraken’s listings of Bifrost (BNC), Bonfida (FIDA), and Origin Protocol (OGN) for most countries, the digital asset firm is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding and trading are now live. You may keep… Read More

May 2, 2022 @ 2:23 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports CFG. Funding and Trading You may now add CFG to your Kraken account “by navigating to Funding, selecting the asset, and hitting Deposit.” Trading will “begin April… Read More

April 4, 2022 @ 9:25 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to confirm its support for Bitcoin’s Lightning Network, which is “now live for all clients.” Traders now have “an instant and inexpensive way to move Bitcoin on and off the platform.” Going on to explain why you may use… Read More

March 28, 2022 @ 4:05 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Robonomics (XRT). As noted in a blog post by Kraken, funding “is live, and trading will begin on March 24 at approximately 19:30 UTC.” You may “keep… Read More