Everything web3, crypto, defi, degen
In brief XRP last week broke a new record of $3.65. It dropped 15% from that high. But XRP could still move higher as it’s a favorite with retail investors, one analyst told Decrypt. After a wild run, XRP has retreated, erasing its gains of last week. The coin was recently trading for $3.09, according to…
In brief Altcoins are falling hard Wednesday following a recent surge in prices for Ethereum, XRP, and more. Glassnode reports that altcoin open interest hit a new all-time high, skyrocketing since the start of July. That growth in derivatives trading may result in more volatility, which could explain the dip. The recent crypto market euphoria…
In brief Bitcoin’s dominance is creeping down, but it’s too early to tell if it’ll become a trend, 21Shares’ Adrian Fritz said. At $2.3 trillion, Bitcoin’s dominance stood at around 61% on Friday. CoinMarketCap’s Altcoin Season Index stood at 43, leaning toward Bitcoin. Bitcoin’s grip on the $4 trillion cryptocurrency market may be loosening, but…
Guest blog by Nathaniel Whittemore (NLW)NLW is the host of Coindesk’s The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital and was on the founding team of Change.org The views and opinions expressed in this article are those of the author and do not necessarily represent the views…
One of the most misunderstood aspects of non-fungible token (NFT) ownership has steadily turned into one of its biggest draws. While some are solely focused on the media the NFTs represent, others are exploring what it means to be the rightful owner of that piece of media. Within most NFT collections, there is a fixed…
June 1, 2022 | News Did you know you can now stake from your mobile device using the Kraken Pro app? Staking is one of the simplest ways to accrue crypto and cash holdings with Kraken. Bear market or bull market, staking pays out steady rewards on assets that would otherwise be sitting idle in…
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 team revisited some of the past year’s most notable market…
The crypto market has rallied from year-to-date lows, renewing hope of a bull market on the horizon. But, historical price analysis suggests the market may be due for a pause. In our latest report, “Game On,” the Kraken Intelligence team examines how much crypto rallied in August and whether the momentum could carry over into…
For the last few months, many in the crypto market have wondered if we were entering a bear market. A price surge in late July now has people asking, is the bull market back? In our July monthly report, “Bouncing Back,” Kraken Intelligence examines BTC’s price swing from just below $30k to $42k to see…
VIP clients are the first to receive Kraken Intelligence reports. If you’d like access to our newsletter or want to start trading, get the resources crypto investors worldwide trust. The crypto markets were brimming with excitement to start 2021. But as we enter the dog days of summer, bitcoin and other cryptocurrencies are flatlining, sentiment…
