Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Kraken
Kraken Rededicates To Digital Asset Offerings Bringing India A New Crypto Era
On the 9th of March 2020, The Crypto exchange Kraken made a revelation that it plans to increase its offerings and services in the Indian financial market. This 9th of March 2020 announcement follows the recent ruling that lifts a ban on crypto trading by India's Supreme Court. The March 4th ruling has created a much-needed breathing space for India's crypto community. The Supreme Court lifted a long-standing crypto ban by the Reserve bank of India (RBI) on the trade…
5 years ago
FCA Warns Kraken on their Alleged Illegal Operations in the UK
On 3rd March 2020, the Financial Conduct Authority (FCA) sent a warning against Kraken, the Us-based crypto exchange, following the allegations of illegally operating in the United Kingdom. While responding to the allegations, Kraken.com claimed FCA was wrong to mention their name as the warning was supposed to target a scammer. Kraken is highly acclaimed as the largest bitcoin exchange in liquidity and volume of transactions in Euros. it is the leading exchange for the BTC/EUR trading pair. FCA’s Judgement…
5 years ago
Kraken Exchange Acquires the Once-Powerful Circle’s OTC Desk
Founded in 2013, the San Francisco-based cryptocurrency exchange Circle is one of the earliest digital assets players. The OTC office once got recognized as one of the most profitable companies on the market. On 17 December, Kraken confirmed its purchase of Circle's over-the-counter office. In a blog post announcing the move, Circle co-founders Jeremy Allaire and Sean Neville confirmed the firm's OTC business's sale to Kraken. They stated that they have known and admired Jesse and his team at Kraken…
5 years ago
Kraken Review – Exchange Features, Trading Fees and Security
Kraken is one of the oldest and most respected cryptocurrency exchanges available today. The platform has managed to secure over four million clients and is used by professional and intermediate traders daily. Additionally, Kraken consistently ranks among the top five exchanges in the world. For these reasons, many consider this platform one of the most successful Bitcoin exchanges. Benefits of The Kraken Exchange Kraken's success didn’t happen overnight and can be attributed to a combination of factors. Nevertheless, the exchange…
6 years ago