Coins

Bitcoin ETFs Shed $1 Billion in Five Days Amid Ethereum Comeback

In brief Bitcoin ETFs are experiencing a significant sell-off, with over $1.1 billion in outflows over the past five days as investors de-risk ahead of the Jackson Hole symposium. Ethereum ETF flows have bucked the bearish trend, with a strong inflow on August 21. Crypto market remains highly volatile with significant liquidations and key price…

Markets

Bitcoin Whale Dumps $75 Million to Go Long on Ethereum

In brief A long-dormant Bitcoin whale, inactive for seven years, has reawakened to sell a portion of its Bitcoin holdings. The investor used the proceeds to open massive leveraged long positions on Ethereum, a move experts view as a strategic bet on ETH’s future growth. This rare transfer could increase market volatility, but analysts believe…

Markets

Bitcoin Options Traders Split Ahead of Fed’s Jackson Hole Meeting

In brief Options data indicates that Bitcoin traders are split, with nearly equal bullish and bearish block trades. Experts suggest markets will be closely watching for Powell’s tone if there’s no clear decision surrounding rate cuts. They also said crypto’s bullish market structure remains intact in the long term. Bitcoin traders are entering a high-stakes…

Markets

Bitcoin Giant Strategy and Coinbase Lead Crypto Stock Slump

In brief Crypto equities have largely underperformed Bitcoin and Ethereum over the past month. Top stocks like MSTR and COIN rebounded Wednesday after starting the day in the red. Recent crypto IPOs and digital asset treasuries have been red over the last week too. Shares in leading publicly traded crypto companies and digital asset treasuries…

Uncategorized

xStocks expands to the TRON blockchain

We’re proud to announce the next step in the global expansion of xStocks, the industry standard for tokenized equities. In partnership with Backed, Kraken is collaborating with the TRON DAO to integrate xStocks with the TRON blockchain, opening up new opportunities for tokenized equities exposure across one of the world’s most active and scalable blockchain…

News

Announcing the acquisition of Capitalise.ai, bringing no-code trading automation to Kraken Pro

We’re excited to announce the acquisition of the assets and technology of Capitalise.ai, an Israel-based pioneer of no-code, natural-language trading automation.  Founded in 2015, Capitalise.ai developed a natural-language platform that transforms everyday text into executable trading strategies. Its proprietary language model and big data infrastructure can ingest real-time and historical data across equities, crypto, FX,…

Markets

Bitcoin Sinks as Concerns Over Inflation, Economic Data Mount

In brief Markets slid further on Tuesday, with equities and other risk assets falling ahead of jobs and economic data. Bitcoin was recently down 3.5% as investors awaited incoming economic data and remarks by Fed Chair Jerome Powell. Ethereum also continued its retreat after nearly hitting a record high last week. Bitcoin sank below $113,000…