Kraken restructures with new co-CEO, layoffs reported
Kraken hinted that its managerial structure would be reformed, without explaining the details. Go to Source
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Bitcoin bulls ‘in control’ as long as price holds above $66.5K: Analysts
Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500. Go to Source
Ethereum nodes on phones, Tether market cap tops $120B: Finance Redefined
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade. Go to Source
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly named “Ink,” the blockchain is slated to be ready for … Read more
Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi
Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across Networks Kraken’s KBTC is an ERC20 token that allows bitcoin (BTC) to interact … Read more
Kraken crypto exchange launches own Wrapped Bitcoin token
According to Kraken, kBTC reinforces Bitcoin’s position as the “epicenter of crypto” and empowers developers to explore new ways to use BTC. Go to Source
Kraken Integrates In-House Ethereum Restaking via Eigenlayer
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s … Read more
Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging
A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59% employing it as their primary investment strategy. The survey, which polled 1,109 crypto investors, delved into the real-world effectiveness of DCA in helping investors manage market volatility and avoid emotional decision-making. Interestingly, younger investors (18-29 … Read more
FTX says Caroline Ellison to give up ‘all of her assets’ in settlement
Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left. Go to Source
Crypto punters favor dollar-cost averaging when investing: Kraken survey
According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy. Go to Source