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Ethereum 2.0: Does ETH become deflationary post-Merge?

We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability improvements are built. As this highly anticipated event draws closer,…

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Ride Out

After July’s green candles, August 2022 resumed a downward trend for cryptoassets across the board. Bitcoin, Ethereum and the rest of the crypto market saw negative returns for the month. Prices of BTC (-14%) and ETH (-8%) decreased after July’s gains. Metaverse (-23%) and DeFi (-21%) led sectors to the downside. NFT market activity also…

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Trading for ENS and FARM Starts Now For USA and CA!

Following Kraken’s listings of Ethereum Naming Service (ENS) on February 23, 2022, and Harvest Finance (FARM) on June 15, 2022 for most countries, Kraken is excited to announce the availability of these tokens for residents of the United States and Canada! Funding and Trading Funding and trading are live.  You can add these tokens to…

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What you should know about The Ethereum Merge on Kraken

Over seven years ago, on August 8, 2015, Kraken was the first exchange to make Ethereum (ETH) available to millions of clients. Today, we’re thrilled to announce that Kraken will support the Ethereum Merge that is estimated to take place between September 10-20, 2022. The Merge marks the end of Ethereum’s proof-of-work (PoW) mechanism and…

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All Eyes on ETH

The crypto industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll. In June and July, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures in the wake of “extreme market conditions.” June’s leverage-related fallout for crypto lenders continued into July but did not extend…

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Weathering the Storm

After months of price declines across cryptoassets, July 2022 brought signs of recovery. All sectors saw positive monthly returns — gaining a minimum of 8% — led by DeFi (52%) and metaverse (35%). Prices of BTC (19%) and ETH (59%) increased after three months of negative returns. Uncertainty lingered in July following several months of…

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Trading for ARPA Starts July 28 – Deposit Now!

July 27, 2022 | Asset Listings, Product We’re thrilled to announce that Kraken now supports Arpa Chain (ARPA)! Funding and Trading Funding is live, and trading will begin on July 28 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by navigating…