Bitcoin is facing a liquidity crisis — and this crypto app is connected to four leading exchanges to ensure that customer’s orders can always be executed at the best price.
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.
A direct listing is a more likely route for the digital currency exchange, CEO Jesse Powell says. His comments echo previous statements delivered to Cointelegraph.6939
A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation.9424
Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future.28344
A spokesperson recently said "$10 billion would be a low valuation" for Kraken.8599
Interest in Ethereum staking continues to grow, as evidenced by recent numbers from Kraken.20246
Crunching the numbers: Analysts and industry experts weigh in on crypto firms like Coinbase and Kraken being valued in the billions.9985
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin.34481
A $1 million price tag for BTC within the next ten years is "pretty reasonable," Jesse Powell tells Bloomberg.46081
Plans to introduce staking and the recent listing on Kraken pushed Energy Web Token’s trading volume and price to a new all-time high.15202
While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex.21643
Kraken is reportedly in talks with top investment firms including Fidelity and Tribe Capital for a fundraising round that could value the company at $10 billion or more.15437
Margin traders on Kraken are outraged after a flash-crash triggered wholesale liquidations while the exchange was inaccessible to users.32261
A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020.15207
On-chain Bitcoin activity surged during January, with more than 22.3 million addresses sending or receiving BTC last month.16740