Crypto

Kraken Institutional, the division of the US-based crypto exchange Kraken that caters to institutional investors, has recently announced the expansion of its custody services into the UK and Australia. This move signifies a significant step for Kraken Institutional as it marks the first international venture following its initial launch earlier this year. Institutional clients in
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In the ever-evolving world of cryptocurrency, a new trend has emerged in 2024 – the rise of dog-themed meme coins. Dogecoin (DOGE) and Shiba Inu (SHIB) have become household names in the crypto space, with significant growth and market presence attracting the attention of investors and traders alike. One of the driving forces behind the
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In June, trading volume on centralized exchanges saw a significant decrease of 21.8%, marking the third consecutive month of diminishing activity. This decline was attributed to several key factors highlighted in a report by CCData. One major factor was the notable decrease in open interest on derivatives exchanges, which fell by 9.67% to $47.11 billion
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Ethereum saw a positive week with a 12% price increase. This impressive recovery came after the entire market rallied, allowing ETH to establish $3,300 as a key support level. Moving forward, buyers have set their sights on the $4,000 target, which also serves as a crucial resistance point. The last time ETH tested this level
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Ethereum co-founder Vitalik Buterin recently cautioned against the dangers of supporting political candidates purely based on their pro-cryptocurrency views. While acknowledging the significance of the crypto industry, Buterin stressed the importance of considering broader values such as individual freedoms and technological progress when evaluating political figures. He argued that fixating solely on crypto-related policies could
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In a recent announcement, the bankrupt crypto lender BlockFi shared that they will be initiating the first interim distribution of funds to their clients via Coinbase. This move is a significant step in their ongoing efforts to repay their clients who were affected by the bankruptcy. The distribution of funds is set to begin this
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