Top Crypto Exchange Unveils VIP Bitcoin (BTC) Outlook – Here’s What Traders Should Know

US-based crypto exchange Kraken just released a report for its VIP traders to the public.

Kraken CEO: Satoshi Nakamoto Supposedly Foresaw a Bigger Financial Bubble Than 2008

Jesse Powell, the CEO of one of the most popular cryptocurrency exchanges, Kraken, said that Satoshi Nakamoto might have foreseen a larger financial crisis than the one in 2008. The post Kraken CEO: Satoshi Nakamoto Supposedly Foresaw a Bigger Financial Bubble Than 2008 appeared first on CryptoPotato.

Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report

A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found. Kraken Intelligence, a research arm of major United States cryptocurrency exchange, Kraken, released a “Bitcoin Volatility Report” for June 2020. Bitcoin’s volatility hits a 6-month low Published on July 9, the new report outlines a 31% drop in Bitcoin trading that resulted in a six-month low of Bitcoin’s annualized volatility, which accounted for 51% in June. According to the report, the significant decline in volumes and volatility marked June as the quietest month since February 2020 for Bitcoin. Thi

Bitcoin (BTC) Creator Satoshi Nakamoto May Have Seen Even Larger Financial Crisis Coming, Says Kraken’s Jesse Powell

Kraken CEO Jesse Powell says the person or group responsible for creating Bitcoin believed governments would find it increasingly difficult to maintain fiscal responsibility after the 2008 financial crisis.

Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report

According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500.

Ledger Wallet ‘Supply Chain Attack’ Could Result in Theft of Funds, According to Crypto Exchange Kraken

Crypto exchange Kraken is warning users of a security risk linked to Ledger Nano X hardware wallets that affects products that have been tampered with during shipment or bought from malicious resellers.

Kraken Security Labs Identifies Ledger Nano X Vulnerabilities: Funds Not at Risk, Ledger CTO Says

Kraken Security Labs identified certain vulnerabilities in one of the most popular hardware wallets - Ledger Nano X.

23-Year-Old Who Lied to Bank About Bitcoin Holdings Pleads Guilty to Fraud

Randall Joseph Smail faces up to 30 years in prison for lying to a bank about having $640,000 in bitcoin to get a loan.

Kraken Discovers Supply Chain Attacks Against Ledger Wallets

Hardware wallet Ledger is allegedly vulnerable to two new attacks, Kraken exchange warned. Kraken, a major United States-based cryptocurrency exchange, has identified new potential attacks against the popular hardware wallet, Ledger. Kraken Security Labs, the exchange’s cyber security division, has discovered two new attack vectors that could compromise the security of Ledger Nano X wallets.

Cryptocurrency Exchange Kraken Adds New Banking Option for US Users

Kraken's US customers can now make wire transfers from their accounts at MDV Bank to fund purchases of cryptocurrency.

Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue

Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA).

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).

Kraken UK Subsidiary Obtains FCA Trading License

Kraken's UK-based subsidiary, Crypto Facilities, received a trading license by the country's Financial Conduct Authority (FCA). The post Kraken UK Subsidiary Obtains FCA Trading License appeared first on CryptoPotato.

Kraken subsidiary brings regulated Bitcoin futures trading to Europe

The cryptocurrency exchange’s subsidiary has secured a UK MTF license, and can reach new customers in Europe thanks to the official stamp of approval.

Crypto Spot Trading Halved in June; Kraken's Move in Europe + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Spot trading volumes on both top tier and lower tier crypto exchanges plummeted in June to USD 177bn (-36%) and USD 466bn (-53%) respectively, said the latest report by CryptoCompare, a

Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading

The subsidiary of cryptocurrency exchange Kraken has obtained a UK license allowing it to operate its derivatives platform in the EU.

Kraken’s Head of Business: “Bitcoin Could Go to $1,000,000”

Kraken Head of Business Dan Held explains why he believes Bitcoin could reach $1,000,000. Kraken’s head of business, Dan Held, has been involved in crypto since 2013.

Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken

The move comes at a time when traders are seeking alternative sources of capital value during an "uncertain macroeconomic climate."

Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price

61% of the Bitcoin supply has stayed in the same place for a year or more — the only time that happened was before its all-time highs. Bitcoin (BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests. According to on-chain monitoring resource Glassnode on June 28, the proportion of the Bitcoin supply that has not left its wallet in a year or longer reflects 2016. Dormant BTC channels 2016 Despite a hectic year for Bitcoin price action, the data shows that over 61% of the supply remained dormant through highs and lows. This is a record, US exchange Kraken business development director Dan Held added.  Glassnode noted that early 2016 likewise recorded similar behavior among hodlers.

BTC Boost: Bitcoin Platform Supporting the Lightning Network Wins $150,000 Grant

The San Francisco-based crypto exchange Kraken is giving a $150,000 grant to an open-source Bitcoin payments processor.

Bitcoin payment processor BTCPay nabs its biggest grant yet

Crypto exchange Kraken has awarded BTCPay $150,000.

Kraken Pledges $150K for Development of Open-Source BTCPay Server

Crypto exchange Kraken has donated $150,000 to the foundation managing BtcPay Server, an open-source tool for merchants accepting bitcoin payments.

Kraken Strengthens Swiss Ties, Aims at Supporting Struggling Crypto Ecosystem

Cryptocurrency exchange Kraken recently announced that they will be acting to strengthen their ties to Switzerland, describing the country as a “kindred spirit” due to its positive approach to regulating and incubating growth within the crypto sector.

Ex-Kraken Trading Head Leads Crypto Quant Fund With $23M in Assets, $2.3B in Trades

A little-known virtual currency fund heavy on math and statistics is turning a steady profit under a lead trader who once oversaw a major cryptocurrency exchange.

Kraken’s Jesse Powell Says Bitcoin (BTC) Will Exceed $100,000 This Cycle, Reveals Huge Influx of New Crypto Traders

Kraken chief executive Jesse Powell thinks Bitcoin is on its way to shattering $100,000.

Hedge Funds, Retail Investors Bought the Dip — Kraken CEO Jesse Powell

Kraken CEO Jesse Powell says the exchange saw a “massive influx” of hedge fund and retail investors as Bitcoin price dropped below $4,000 on March 12. According to Kraken crypto exchange CEO Jesse Powell, there has been a massive influx of new accounts from all types of investors.

3 snippets to begin your day: Bitcoin's difficulty, Kraken's latest and more

Bitcoin ups the ante Bitcoin recorded one of its highest difficulty jumps yesterday, its highest since January 2018, after the network adjusted its difficulty level by 14.95%.

Layer 2 Will Make Bitcoin as Easy to Use as the Dollar, Says Kraken CEO

Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term. In a June 16 interview with Bloomberg, Kraken CEO Jesse Powell claimed that layer-2 solutions will in time make Bitcoin (BTC) as easy to use as the United States dollar. In addition to improvements in Bitcoin’s utilitarian nature, Powell suggested that the eventual timing of institutional investors getting on board would rely on a herd mentality, and recommended Bitcoin as a hedge against the US Federal Reserve’s current manipulation of the dollar. Bitcoin utility will improve to match store of value Powell trumpeted Bitcoin’s success as a store of value.

Institutional Investors Set for Herd-like Move to BTC, Says Kraken CEO

More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV.

Kraken Launches Crypto Exchange Service in Australia

One of the top US exchanges, Kraken is extending its operations down under for crypto trading in AUD.

Crikey! Kraken Launches Support for Aussie Dollar Trading Pairs

Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade. Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding. Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether (USDT) on the platform. AUD is the seventh fiat currency to be supported by Kraken, joining USD, CAD, EUR, JPY, GBP, and CHF. Kraken clients based outside of the United States will also be able to trade AUD-based foreign exchange pairs against USD, EUR, and JPY. Kraken launches AUD funding support Kraken will launch AUD support on June 17, with Australian users able to deposit fiat onto the exchange through banks that support Osko/PayID payments. The move follows the firm’s acquisition of Australia’s longest-running crypto exchange Bit Trade in January.