Joining the Silvergate Exchange Network in 2019, Kraken is now looking for new ACH funding options.
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
The CEO of Independent Reserve says Hong Kong’s “friendly” licensing regime makes it a worthy destination to set up shop, but there are other factors to consider.1831
ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed.6724
Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well.5129
Technical charts are beginning to suggest that BTC is at the end of its bear market cycle, and traders believe this could yield positive results for most altcoins.5373
BTC price continues to show bullish momentum, but institutional investors selling and the absence of whale buyers threaten to weaken the current rally.14240
Crypto exchanges looking to capitalize off the Arbitrum airdrop fever have launched IOU and derivatives for ARB, an early sign of the excitement that will unfold on March 23.5161
The downfall of Mt. Gox continues to highlight the importance of greater transparency and accountability within the cryptocurrency industry.2159
Lennix Lai, managing director of Global Institutional at OKX, spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry.2839
Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum.17966
Bitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility.9172
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.15849
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans to do so.4562
The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more.3368
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks.10784