Everything web3, crypto, defi, degen
After hitting an all-time high of $69,000 in November 2021, BTC fell by ~52% to 6-month lows of roughly $33,000 on January 24, 2022, and is down nearly -21% year-to-date. Some believe this downtrend to have been driven largely by concerns over the Federal Reserve’s hawkish policy after the December Federal Open Market Committee (FOMC)…
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 end of the year is a great time to reflect on and celebrate key milestones and events from the past 12 months – both for crypto, and for our community. In 2021, Kraken charged ahead in pursuit of our mission: to accelerate the adoption of cryptocurrency so that you and the rest of the…
Bitcoin prices retraced from all-time highs in November — an unexpected turn for what has historically been a positive-yielding month. Will the trend persist into 2022 or is there cause for concern? In their latest report Taking A Break, the Kraken Intelligence team examines the factors that led to a correction across the crypto market.…
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 behalf. This approach comes with notable tradeoffs, including reduced privacy…
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 the current bull run. In the latest Kraken Intelligence report,…
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 BTC and other cryptos. Additionally, the team analyzes a number…
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 rise to record levels. In Kraken Intelligence’s latest Crypto On-Chain…
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 latest Chinese crypto ban may be a tailwind for BTC…
Non-Fungible Tokens are perhaps the most exciting development in crypto this year. While many believe the future of NFTs to be bright, few understand their value and potential. To separate hype from hard facts, Kraken Intelligence has compiled an in-depth report outlining what they are, how they work, and why they’re valuable. Download “Non-Fungible Tokens…
