ETH price set a new multiyear high at $4,000 right as Bitcoin price hit a new all-time high.
Kraken Crypto News
Kraken is a cryptocurrency exchange established in 2011 and headquartered in California. The Kraken exchange hosts trading for a variety of crypto assets, including pairings with multiple different fiat currencies. Kraken Bitcoin trading occurs under the ticker XBT. Kraken offers a number of features, including margin trading for certain assets, with 5x as the leverage limit. Kraken also offers staking along with over-the-counter trading. OTC trading eligibility is based on certain parameters.
Among the Kraken crypto offerings is a futures trading platform, Kraken Futures, which allows maximum leverage of 50x — although customers located in certain regions, such as Kraken U.S. customers and those in Japan, cannot use the platform.
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The increased retail interest, paired with growing workloads from algorithmic trading firms, was the main reason behind the recent exchange outages, according to the dYdX chief strategy officer.
3227This week’s Crypto Biz examines concerns over chip shortages and sustainability issues for crypto miners, Telegram’s new ad platform, Kraken’s expansion into institutional investors, and more.
6369Attorneys general from numerous states filed a brief that calls out the SEC for its enforcement action against the Kraken crypto exchange, saying it used “undelegated authority.”
7837The crypto exchange launched a new institutional-focused brand, angling for more clients after the U.S. approved spot Bitcoin ETFs.
3379The SEC’s suit against Kraken has “has no limiting principle” and gives the agency too wide of an authority, the crypto exchange argues.
4058Recent data reveals the Super Bowl has consistently drawn over 100 million viewers annually since 2010. However, crypto exchange Kraken reportedly has no interest in advertising at the “U.S.-centric event.”
4843Kraken was granted a VASP registration with the Dutch Central Bank, enabling it to offer exchange, transfer, custody and wallet services for virtual assets in the country.
7612After launching bank repayments in December 2023, the Mt. Gox trustee is getting ready to start repayments of BTC and BCH on Bitstamp and Kraken accounts.
13016India’s Financial Intelligence Unit is requesting to block the URLs of Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex.
6525The Securities and Exchange Commission is suing Kraken for selling cryptocurrencies, but it looks like a recycled version of a losing lawsuit.
12989BTC’s correction reveals a disconnect between pro traders’ confidence and retail investors’ skepticism amid regulatory shifts.
15467Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
7603Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”
3156The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit filed by the U.S. SEC against cryptocurrency exchange Kraken.
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