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...
We’re thrilled to announce that Kraken now supports free withdrawals to U.S. bank accounts via the Automated Clearing House (ACH) network. Here’s What You Need To Know ACH withdrawals are available via the website in the Funding section. Select it as an option when withdrawing...
In our last two Crypto On-Chain Digest reports (End of Summer Sale and SHOCKTOBER), we noted that a supply shock driven by long-term holders could push BTC and ETH prices higher. Well, price followed through and the data suggests that long-term holders remain confident in...
Fingerprint authentication is a convenient alternative to passwords and PIN codes. Who wants to spend time typing in a lengthy string of numbers, letters and characters when a simple tap will suffice? Unfortunately, that convenience comes at a cost. Because, unlike a regular password, you...
In the fast-paced world of cryptocurrencies, every second counts when you’re moving money around. Building the bridges that allow for seamless transfers from legacy banking platforms to the ever-growing number of blockchain networks is no easy task, but it’s one of our foremost priorities at...
We are excited to announce that Polkadot Parachain Auctions are now live. Earn rewards while supporting your favorite Polkadot projects on Kraken! With as little as 0.1 DOT, you can cast your vote in an auction for the next parachain to be added to the...
Kraken is excited to welcome Mike Davidson as our Vice President of Design. In his new role, Mike will bring a fresh perspective to the Kraken brand, as well as our approach to building engaging and frictionless client experiences across our full suite of products....
October was dubbed “UPtober” by many in the crypto market as the price of bitcoin, ether and other cryptoassets raced to new all-time highs. In its latest report Up, Up and Away, the Kraken Intelligence team examines the factors that led to an upswing in...
After a predictably underwhelming September in the crypto markets, history was made in October as BTC hit new all-time highs. As foreshadowed in last month’s Crypto On-Chain Digest, End of Summer Sale, data indicates that a supply shock (driven by long-term holders) contributed to BTC’s...
We’re thrilled to announce that Kraken now supports staking for holders of Algorand’s native token, ALGO! Head into the Earn section of your account to put your ALGO to work today. What is Algorand? Algorand is a Proof-of-Stake blockchain that rewards users for contributing their...
We’re thrilled to announce that Kraken now supports Bifrost (BNC)! Deposits and withdrawals are available starting now. Trading will begin October 26 at approximately 15:30 UTC. Clients who contributed to Bifrost’s Parachain Auction on Kraken have now received BNC rewards in their Kraken account. Get...
Kraken is thrilled to announce support for upcoming parachain slot auctions on the Polkadot network. We’ve already empowered clients to participate in Kusama’s growing ecosystem via parachain auctions — so far resulting in over $35 million contributed in 2021. Clients looking to support the bids...
You don’t want to miss this year’s hottest digital music festival. Kicking off at 8pm UTC on October 21, the Metaverse Festival will welcome 80+ artists across five stages in Decentraland’s all-new venue. As a sponsor for the festival, Kraken is delighted to support an...
We made FLOW available for trading and staking to the majority of our clients around the globe earlier this year. We’re delighted to announce that we’re now rolling these functions out for U.S. and Canadian residents on Tuesday, October 19! What Is FLOW? FLOW is...
We’re thrilled to announce that Kraken now supports Phala (PHA)! Please note that this is the Kusama version of Phala (PHA). Deposits and withdrawals are available starting now Trading will begin at approximately 15:30 UTC on October 8 Clients who contributed to Khala’s Parachain Auction...
Overview Total spot trading volume at $1.83 billion, the 30-day average rose to $1.39 billion. The top traded coins were, respectively, Bitcoin (+7.0%), Ethereum (+2.0%), Tether (0%), Cardano (-0.8%), and USDC (0%). Strong returns from Bitcoin (+7.0%). Almost all other coins had lower returns, except...
Kraken is excited to award its latest grant to Black Bitcoin Billionaire, the largest organization aimed at promoting diversity in cryptocurrency. As part of our continued efforts to lead the worldwide adoption of digital assets, we’re donating $150,000 in BTC to Black Bitcoin Billionaire, funds...
September once again proved to be an underwhelming month for the crypto markets. But as the year winds down, historical price analysis suggests that next quarter could generate significantly better returns. In our latest report A New Quarter, the Kraken Intelligence team examines why the...