Tagged: kraken

Digital Wallets Holding Over 100 Bitcoin (BTC) has Grown Significantly Following COVID Outbreak: Report

The team at Kraken, a leading US-based digital asset exchange, notes that cryptocurrency prices have been soaring, and related innovation is “breaking ground,” while key opportunities are flourishing. According to Kraken, crypto adoption is “relentless.” The Kraken team writes that as they begin a new… Read More

Digital Asset Exchanges Kraken and Gemini to Continue Supporting Blockchain and DLT Industry, Announce 2021 Plans

Digital asset exchange Kraken notes that 2020 “proved a wild year” for cryptocurrency investors as prices recovered from steep lows to their all-time highs. However, Kraken claims that it “navigated a steady course and continued to shepherd industry growth.” According to Kraken, there’s a “paradigm… Read More

Kraken Appoints Crypto Exchange Pioneer Miha Grčar as its Head of Business Development, Company Comments on FinCEN’s Proposed Crypto Rules

Kraken recently announced that crypto exchange pioneer Miha Grčar has joined the US-based digital assets exchange as its Head of Business Development. Kraken’s management confirmed that they’re looking forward to working with Miha Grčar, a pioneer of the digital currency exchange sector. As mentioned in… Read More

Digital Asset Exchanges Kraken and Coinbase Announce Trading Support for The Graph (GRT)

US-based digital asset exchange Kraken has announced that The Graph (GRT) trading is now available on its platform. The Kraken team confirmed that while they’re pleased to announce that The Graph (GRT) trading is being supported on their exchange, it’s currently not available in the… Read More

Digital Asset Yields or Interest Rates are Significantly Higher on Centralized Finance Platforms Compared to DeFi: Report

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

Ethereum 2.0 Staking Support has been Announced by Digital Asset Exchanges Kraken and OKEx

US-based digital asset exchange Kraken has announced that it will allow clients to stake their Ethereum (ETH) on its crypto trading platform. After staking their funds, users will be able to earn rewards of “approximately 5% to 17%,” Kraken confirmed. The network reward is “variable… Read More

66% of Digital Assets Survey Respondents Say We’re in a Crypto Bull Market, with Many Investors Excited About Altcoins, DeFi for 2021

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based crypto exchange Kraken) has carried out its second VIP client sentiment survey for this current year. According to Kraken, the goal of the survey is to assess digital asset market… Read More

Digital Asset Exchange Kraken to Donate $150,000 to Brink, an R&D Center for Bitcoin Developers

US-based crypto exchange Kraken has reportedly agreed to donate $150,000 to Brink, which is a research and development (R&D) center that’s focused on educating the “next generation” of Bitcoin developers. Established by Chaincode Labs developer John Newbery and Bitcoin Optech contributor Mike Schmidt, Brink aims… Read More

Bitcoin Enters “Rarified Air,” Now Trading Above $10K for 114 Days, Historical Indicators May No Longer Matter as BTC May Set New Highs: Report

US-based crypto exchange Kraken recently published its Bitcoin volatility report covering the month of October 2020. Kraken Intelligence, which is the exchange’s team of in-house research professionals, has noted that each month, they take an extensive look into the fundamental and technical factors that impact… Read More

Kraken Security Labs Warns Cryptocurrency Investors About Recent Phishing Attacks related to Ledger Hardware Wallet

Kraken, an established US-based cryptocurrency exchange, recently confirmed that Ledger clients whose data was stolen during a security breach have been targeted in a phishing scam that was carried out this past week. The team of experts at Kraken Security Labs have provided an analysis… Read More

Low Taxes, Business Friendly: Wyoming Welcomes Economic Growth Including Blockchain Firms

Wyoming is one of several US states that does not assess a state income tax. In the past few years, there has been an exodus of both individuals and companies to these business-friendly states as people vote with their feet. Wyoming is also one of… Read More

Wyoming’s Digital Asset Strategy Should Inspire Scotland to Emulate its Success: Report

This past week Kraken, a leading US-based digital asset exchange, was approved by the state of Wyoming for a bank charter. The first of its kind in the state, the Special Purpose Depository Institution (SPDI) means that Kraken Financial will operate pretty much just like… Read More

Digital Asset Exchange Kraken Gets Bank Charter in Wyoming

The state of Wyoming has approved its first Special Purpose Depository Institution (SPDI) by approving Kraken Financial – part of the well known digital asset exchange. Tentatively called Kraken Financial and based in Cheyenne, Wyoming, the new bank claims the title as the “first digital… Read More

Little “Evidence” of Manipulative Practices on Crypto Exchanges Bitfinex, Kraken, but Huobi, OKEx showed “Overwhelming” Signs of Such Activities: Report

The Blockchain Research Lab published a report on August 20, 2020, in which it noted that previous studies have alleged or found that cryptocurrency exchanges use wash trading to “falsely signal their liquidity.” The team at Blockchain Research Lab said they had monitored twelve digital… Read More

Bitcoin’s (BTC) Correlation with Gold Weakens, but Strengthens against S&P 500 Stock Market Index in June 2020: Report

Bitcoin (BTC), the flagship cryptocurrency’s correlation with gold has weakened following the COVID-19 outbreak and resulting economic uncertainty. However, the digital asset’s correlation with the S&P 500 stock market index appears to be getting stronger, according to research report from crypto exchange Kraken. Kraken Intelligence,… Read More

Kraken Subsidiary & European Cryptocurrency Exchange Crypto Facilities Obtains Multilateral Trading Facility License from UK’s Financial Conduct Authority

Crypto Facilities, a subsidiary of Kraken and European cryptocurrency exchange, announced on Monday it has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). Crypto Facilities reported with this new license, it will be able to expand its product range… Read More

Switzerland’s One-Stop B2B InCore Bank Enables Fiat On-Ramps for Digital Asset Exchange Kraken

Switzerland-based InCore Bank, a “one-stop” B2B transaction bank (founded in 2007), has reportedly enabled fiat on-ramps for digital asset exchange Kraken’s European customers. Europe’s retail and institutional clients can now purchase cryptocurrencies like Bitcoin (BTC) and Ether (ETH) through Kraken by using their fiat money… Read More

Crypto Rating Council Argues that XRP, Tron (TRX), and Polkadot’s DOT Token Might Potentially be Classified as Securities

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

Digital Asset Exchange Kraken Hires Veteran Crypto Lawyer Marco Santori as Chief Legal Officer

San Francisco-based crypto exchange Kraken has appointed industry lawyer Marco Santori as the company’s chief legal officer. Kraken’s management noted on April 6, 2020, that Santori would be using his experience working with regulatory authorities, financial institutions, payment service providers, broker-dealers, and several other industry… Read More

Crypto Rating Council Releases New Scores for Basic Attention Token, USDC Stablecoin, IOTA

The questions surrounding whether certain crypto assets qualify as financial securities is becoming increasingly important within the blockchain or distributed ledger technology (DLT) sector. There are now several entities within the digital asset sector that are focusing on bringing greater understanding to this pressing issue…. Read More

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