2021 was a year of rapid growth for the digital asset industry. January 2022 however, saw a broad market sell-off and underwhelming performance, with DeFi tokens ending the month down between -4% and -79%. Despite market weakness early this year, the NFT and GameFi industries...
Cardano (ADA) initially rose to fame in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of the year. Over time, the project persisted through a daunting crypto winter to earn its place among the top crypto assets by market capitalization. In Kraken...
After hitting an all-time high of $69,000 in November 2021, BTC fell by ~52% to 6-month lows of roughly $33,000 on January 24, 2022, and is down nearly -21% year-to-date. Some believe this downtrend to have been driven largely by concerns over the Federal Reserve’s...
If 2020 was the year of the bull, 2021 was the year that crypto went mainstream. In the past twelve months, we’ve witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention new all-time highs. As we head into 2022, the Kraken Intelligence...
Bitcoin prices retraced from all-time highs in November — an unexpected turn for what has historically been a positive-yielding month. Will the trend persist into 2022 or is there cause for concern? In their latest report Taking A Break, the Kraken Intelligence team examines the...
The beauty of the Bitcoin network is that anyone can participate in it without permission. However, primarily out of convenience, most Bitcoin users don’t run nodes and instead trust third parties such as centralized exchanges and wallet providers to interact with the network on their...