Kraken

Grayscale recently met with the Securities and Exchange Commission (SEC) to discuss its application for a spot Bitcoin exchange-traded fund (ETF). As the date for a decision on the application draws closer, many are beginning to wonder what will happen if spot Bitcoin ETFs are allowed. Because Jan...

Senator Cynthia Lummis (R-Wyo.), on Tuesday, criticized the Securities and Exchange Commission for its current approach to crypto regulation, arguing that the agency often resorts to “ruling by enforcement”. What Happened: Lummis expressed her disapproval on X, formerly Twitter,...

Major cryptocurrencies traded in a mixed manner on Monday evening, as there is an ongoing concern about the future of the world’s largest crypto exchange Binance. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +0.86% $37,588 Ethereum (CRYPTO: ETH) +1.31...

Kraken is embroiled in a legal battle with the Securities and Exchange Commission (SEC) over allegations of illegal activities and inappropriate management of customer funds. What Happened: The SEC raised accusations against the San Francisco-based firm on Monday, alleging violation of federal...

Crypto analyst Fiery Trading has an exceptionally bullish forecast for the price of Cardano (CRYPTO: ADA), suggesting a 9,990% surge to $35.  What Happened: Fiery Trading bases this projection on the assertion that ADA has surpassed its lowest value and is now steadily climbing, noting a...

Cardano founder Charles Hoskinson has expressed interest in a possible collaboration with Kraken to create a Layer-2 network. On Sunday, he took to his X (previously Twitter) handle to tag the Kraken co-founder Jesse Powell stating, “I'm game if you are…” What Happened: ...

Kraken announced a new managing director for its U.K. business as the crypto exchange looks to strengthen its foothold in its largest market. The exchange has also revealed that user information will be shared with the IRS in the next month after it receives a court order to do so. Industry...

After capturing a strong position in European crypto markets recently, Kraken is now awaiting approvals for stock and ETF trading in the U.S. and U.K. markets. What Happened? Kraken announced its plans to offer trading in U.S.-listed stocks and ETFs starting in 2024, the first time...

The amount of Ethereum (CRYPTO: ETH) being staked witnessed a significant surge, doubling in just a year with about 25% of all available Ethereum currently staked, up from 11% a year ago as of Sept. 22, 2023, according to a report. This rise in staking activities underscored the...

In a major move towards expanding its European footprint, crypto exchange Kraken has secured authorization from the Central Bank of Ireland as an E-Money Institution (EMI), while the Bank of Spain has recognized the digital assets provider as a Virtual Asset Service Provider (VASP)....

Before diving into the world of crypto staking, Jesper Johansen, founder and CEO of institutional staking entity Northstake, emphasizes the importance of understanding the regulatory framework and assessing counterparty risks. In an interview with Benzinga, Johansen also ...

San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL). TThe funding option was introduced earlier this week and is currently available only on the Kraken mobile app....

Bitstamp, a leading cryptocurrency exchange, has announced the termination of its ether staking program for American clients starting next month. Bobby Zagotta, the U.S. CEO and global chief commercial officer of Bitstamp said, "Starting September 25, 2023, Bitstamp will no longer offer...

Kraken Ventures, the investment arm of the cryptocurrency exchange Kraken, is in the process of gathering funds for its second venture, despite the current challenging investment environment. The goal is to secure $100 million for this new fund, surpassing the $65 million that Kraken Ventures...

The anonymous creator of the viral Bald (CRYPTO: BALD) token has moved approximately $12 million in Ether (CRYPTO: ETH) back to the Ethereum blockchain. According to data from Lookonchain, the individual behind the bald token shifted 7,000 ether (valued at $12.9 million) from the Base (CRYPTO:...