Tagged: kraken

Kraken Adds Staking, Trading for MINA Token for US, Canada, Australia Clients

Following digital asset firm Kraken’s listing and staking of MINA tokens for most nations, the firm is pleased to confirm the availability of Mina trading and staking “with up to 20% in yearly rewards for residents of the USA, Canada and Australia.” Funding and Trading… Read More

Kraken Announces Trading Support for Bancor (BNT), The Graph (GRT), Mirror Protocol (MIR), SUSHI, 1INCH Digital Tokens

Digital asset firm Kraken notes that following its listings of Bancor (BNT), The Graph (GRT), Livepeer (LPT), Loopring (LRC), Mirror Protocol (MIR), Sushi (SUSHI) and 1inch (1INCH) in most countries, the platform’s management is pleased to confirm that residents of the United States, Canada and… Read More

Binance States that it Follows Rules on Sanctions Against Russia: Crypto is “too traceable”

There has been a fair amount of discussion regarding Russia using crypto to evade sanctions. First, crypto as a market is simply too small to be an effective tool for the Russian government to utilize it to mitigate the full impact of the economic blockade…. Read More

Bitcoin Spent Output Profit Ratio Indicated Crypto Is Selling at Loss, Ethereum “Oversold” in Feb: Report

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

Digital Asset Staking Could Become More Accessible to Consumers Who are Not Crypto or Tech-Savvy: Report

Digital asset firm Kraken notes that generating passive rewards on your money in traditional finance is not so rewarding these days. However, crypto provides participants “a novel opportunity to receive rewards through a process known as staking.” As participation in Proof-of-Stake networks increases and users… Read More

Digital Assets: Kraken Supports the Songbird (SGB) Airdrop for XRP Holders

Digital asset firm Kraken is pleased to confirm that they will be supporting the Songbird (SGB) token airdrop for XRP holders. The airdrop’s snapshot of XRP balances was reportedly “taken on December 12, 2020, at ~00:00 (UTC).” Customer accounts  (spot and margin) that held XRP… Read More

DAOs or Distributed Autonomous Organizations Offer Low-Barrier Opportunities to Coordinate Assets, Ideas: Kraken Report

The past few years have seen the crypto and blockchain space impact just about every industry in one way or another. However, one innovation in particular is leveraging blockchain or distributed ledger technology (DLT) in order to “fundamentally disrupt how organizations are structured, codified and… Read More

Ethereum, Cardano, Solana, Polkadot Continue to Gain Market Share, ETH L2s Gaining Traction: Report

Cardano (ADA) initially gained attention back in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of that year. Over the years, the initiative persisted through an extended crypto bear market to earn its place among the top crypto-assets by market cap. In… Read More

Kraken to Support Tron (TRX) Staking, and Akash Network (AKT) Trading Starting Feb 1

The team at digital asset firm Kraken is pleased to confirm that their platform now supports staking for TRON (TRX) holders. You may head into the Earn section of your Kraken account to begin earning rewards on your TRX (as of January 28, 2022). Please… Read More

Historical Volatility, Technical Patterns, On-chain Activity Indicate that Macro Bitcoin (BTC) Bull Run Isn’t Over: Report

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

Kraken Is Now Supporting Trading with Kintsugi (KINT), a Network Allowing Users to Create a Bitcoin backed Asset

The team at digital asset platform Kraken notes that they’re pleased to announce that Kraken now supports Kintsugi (KINT). Funding and trading for the Kintsugi (KINT) token is live (as of January 6, 2022), and trading will “begin shortly.” You may keep an eye on… Read More

Kraken to Double Professional Team Again in 2022, Plans to Employ Over 5000 Professionals This Year

The team at digital asset firm Kraken notes that last year, they remained focused on their mission to accelerate the adoption of cryptocurrency “so that you and the rest of the world can achieve financial freedom and inclusion.” In 2021, Kraken celebrated its 10-year anniversary,… Read More

Digital Asset Firm Kraken Acquires Staked to Promote Growth and Resilience

Kraken, which claims to be one of the largest digital asset platforms, announced it has acquired Staked for “an undisclosed sum.” Staked is described as a non-custodial staking platform that “enables investors in Proof-of-Stake networks to easily and securely compound their holdings.” According to an… Read More

Digital Asset Firm Kraken Announces Support for Avalanche (AVAX) Trading

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

UK Advertising Standards Authority Bans Slew of Crypto Advertisements Impacting Coinbase, eToro, Papa John’s and more

The UK Advertising Standards Authority (ASA) has upheld multiple bans on crypto-asset promotions today. The impacted firms include Coinbase Europe, CoinBurp, Lumo Money, Exmo Exchange, Papa John’s, Payward/Kraken, and eToro. In regards to Coinbase, four issues were investigated with each being upheld by the regulator…. Read More

Kraken Intelligence Explains Why You May Consider Running a Bitcoin (BTC) Full-Node

Digital assets firm Kraken notes that the beauty of the Bitcoin (BTC) network is that “anyone can participate in it without permission.” However, primarily out of convenience, most Bitcoin users “don’t run nodes and instead trust third parties such as centralized exchanges and wallet providers… Read More

Crypto Trading App TabTrader Celebrates $5.8M Series A, Preparing For TTT Token Drop

Cryptocurrency trading mobile app TabTrader announced today it closed a $5.8 million Series A round led by BitMEX Ventures. Also participating in the round were Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. Based in Amsterdam, TabTrader said it has more than 400,000… Read More

Bitcoin and Ethereum Balances on Crypto Exchanges Keep Falling, Could Drive Prices Higher: Report

In Kraken’s last two Crypto On-Chain Digest reports (End of Summer Sale and SHOCKTOBER), they had pointed out that a supply shock, driven by long-term holders, might push Bitcoin (BTC) and Ethereum (ETH) prices considerably higher than current levels. Well, price followed through and the… Read More

Digital Asset Platform Kraken Completes Integration with Plaid so European Clients Can Fund Accounts Faster

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

Polkadot (DOT) Parachain Auctions Now Live on Kraken

Digital assets firm Kraken notes that they’re pleased to confirm that Polkadot Parachain Auctions are now live (as of November 12, 2021). Platform users may earn rewards while supporting their favorite Polkadot initiatives on Kraken, the company wrote in a blog post. The update from… Read More

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