Uncategorized

Silver Lining

Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average daily users and average daily transactions fell -5.7% and -3.1%…

News

Kraken announces leadership succession plan

After a rigorous internal and external search over the past year, Kraken is thrilled to announce that our COO Dave Ripley will succeed Kraken’s Co-founder and CEO Jesse Powell, who will become chairman of the board of directors. Dave has been building the future of financial freedom and inclusion alongside Jesse for six years and…

Uncategorized

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…

Uncategorized

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…

News

Announcing 70 NFT Collections for Kraken NFT Beta Testers

We’re thrilled to reveal 70 of the leading NFT collections that will soon be available to Kraken NFT beta testers. We carefully selected these collections so you can explore, curate and secure the NFT collection of your dreams with zero gas fees.* The beta will include NFT collections across the Ethereum and Solana blockchains. We…

Uncategorized

The Metaverse: An inflection point

June 7, 2022 | Kraken Intelligence The non-fungible token (NFT) boom of 2021 not only brought mainstream attention to digital art investment, it also catalyzed increased development of the crypto metaverse. The metaverse — a previously esoteric term first used in the 1992 science fiction novel Snow Crash by Neal Stephenson — has emerged as…