Everything web3, crypto, defi, degen
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%…
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…
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…
Kraken is thrilled to welcome Mayur Gupta as our new Chief Marketing Officer (CMO). Mayur will use his technology-driven marketing expertise, as recognized by Harvard Business Review, The Economist and Forbes, to accelerate Kraken’s mission by educating the world on the benefits and value of crypto. “Mayur is the perfect candidate to help Kraken lead…
February 7, 2022 | Kraken Intelligence 2021 was a year of rapid growth for the digital asset industry. January 2022 however, saw a broad market sell-off and underwhelming performance, with DeFi tokens ending the month down between -4% and -79%. Despite market weakness early this year, the NFT and GameFi industries have picked up momentum…
We are excited to announce that Polkadot Parachain Auctions are now live. Earn rewards while supporting your favorite Polkadot projects on Kraken! With as little as 0.1 DOT, you can cast your vote in an auction for the next parachain to be added to the Polkadot network. Purchase DOT here or deposit it by navigating…
Kraken is thrilled to announce support for upcoming parachain slot auctions on the Polkadot network. We’ve already empowered clients to participate in Kusama’s growing ecosystem via parachain auctions — so far resulting in over $35 million contributed in 2021. Clients looking to support the bids of their favorite Polkadot projects will be able to do…
September 24, 2021 | News Kraken is thrilled to announce a commitment to fund Bitcoin’s open-source Rust development ecosystem. In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás Blummer Memorial Fund aims to accelerate the development of Bitcoin Rust libraries. A pioneering entrepreneur involved in several Bitcoin companies,…
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…
