Ethereum’s momentum in institutional markets just hit a major roadblock. After months of enthusiasm surrounding spot Ethereum exchange-traded funds (ETFs), new data has shown that ETF flows have sunk to their worst monthly total since their launch. The sharp drop reflects a broader cooldown in investor demand, as market volatility and shifting risk appetite weigh…
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be listed on Bitnomial, a CFTC-regulated Designated Contract Market owned by Kraken parent Payward. The initial asset list includes BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX. Kraken Brings Perpetual Futures Closer To US…
Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A…
Over the last two months, Bitcoin price has rallied from the depths of the bear market to a well over a 100% gain for crypto investors who bought when there was “blood in the streets.” Those who did catch the bottom have watched at their investment in Bitcoin double in short order, with little to…
Markets have receded a little from the spike; Tezos, Bytecoin and Icon still climbing. Yesterday’s big bounce has been sustained today and markets are holding their gains at the moment. The rally added over $20 billion into crypto markets initially however a pullback has seen levels drop a little. Total market capitalization is currently over…
Kraken is preparing to bring one of crypto’s most heavily traded derivatives products into a regulated US framework, with the exchange saying eligible clients will soon be able to access CFTC-regulated perpetual futures through Bitnomial. TL;DR Kraken says the products are expected to launch within the next 30 days. The contracts will be listed on…
It seems UK users will soon be unable to access Monero on one of the leading crypto exchanges. There have always been concerns around the Bitcoin competitor regarding the absolute privacy that the digital asset confers. Until now, it remains impossible to track/trace Monero transactions, making it the ultimate privacy coin, and governments are worried…
The Kraken-owned Bitcoin and crypto-asset trading data provider and trade execution platform Cryptowatch just released a desktop client for expert and institutional investors in the industry. Cryptowatch is a modular trading terminal where users can track cryptocurrency market trends in an in-depth manner. For six years, the product had a webpage, but no formal desktop…
The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been affected to the point that it has, once again, put a pause on operations…
A recent statement from an NYU professor brought yet another troublesome aspect of US crypto regulation to the attention of the public. This time, it is a rivalry between different regulators, with all of them wishing to establish dominance. US Regulators Competing for Turf The US is under a lot of pressure when it comes…