Kraken

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Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin

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U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases … Read more

Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long

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Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than … Read more

Tether Printing Press In High Gear, Issuing $400 Million in Four Days

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Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $100m worth of tethers – surrogate US dollars – and was followed by … Read more

Kraken Exchange Returns After Longest Downtime Since 2013

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Earlier this week the San Francisco-based cryptocurrency exchange Kraken scheduled some downtime to upgrade the trading platform’s system. The upgrade for one of the world’s largest digital asset exchanges was supposed to last for only two hours, but the website remained down for well over 24 hours. Kraken is now back online and plans to … Read more

This Week in Bitcoin: Kraken, Korea and a Whole Lotta Crazy

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This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from … Read more

Kraken’s Upgrade Isn’t Going Smoothly, but Customer Funds are Safe

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The Kraken exchange is currently undergoing one of the longest maintenance routines in the company’s history. Although this upgrade was originally scheduled for December, it seems the team has finally gotten around to making some much-needed infrastructure improvements. Unfortunately, it seems things are taking a lot longer than originally anticipated. Fixing its horrible system will take a … Read more

Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations for 10k+ Deposits

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Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This … Read more