Category: kraken

As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%

As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%

The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467. Furthermore, the top ten crypto-asset exchanges, […]

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Bitcoin Price Flash Crashed 87% to $8200 on Binance US

Bitcoin Price Flash Crashed 87% to $8200 on Binance US

After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. On some exchanges, though, the crash was significantly more violent as BTC dropped as low as $54,000 on Kraken and to four digits on Binance.US. October 20th was a historic day for the primary cryptocurrency as it finally […]

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Kraken report points to Bitcoin (BTC) hitting $100K based on historic data

Bitcoin may rise near $100K based on the Q4 average and median returns from the history of previous years. Ethereum fee volatility has reduced with EIP-1559, but a reduction in DeFi and NFT activity could cancel the upgrade’s deflationary action. Ever since its embryonic days, Bitcoin, Ethereum, and other cryptocurrencies have received multiple varied price […]

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CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments

CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments

The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other signs of being scams. 14 Entities Charged by CFTC After charging major cryptocurrency exchange Kraken, the Commodity Futures […]

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Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed

Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed

The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes $1.25 Million Penalty The Commodity Futures Trading Commission (CFTC) announced Tuesday that it has imposed a $1.25 million penalty […]

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The CFTC Fines Kraken $1.25M for Offering Unregulated Margin Trading

The CFTC Fines Kraken $1.25M for Offering Unregulated Margin Trading

According to a CFTC statement on Sept. 28, Kraken allowed U.S. customers to access products that were supposed to be prohibited for them. The order requires Kraken to pay a $1.25 million civil monetary penalty and to “cease and desist from further violations of the Commodity Exchange Act.” The exchange, founded in 2011, allowed its […]

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CFTC levies $1.25 million penalty against Kraken — and Commissioner Stump weighs in on settlement

CFTC levies $1.25 million penalty against Kraken — and Commissioner Stump weighs in on settlement

The Commodities Futures Trading Commission (CFTC) has filed and settled charges against Kraken for failing to register as a futures commission merchant and offering margin transactions in crypto.  Kraken will pay a $1.25 million civil monetary penalty and refrain from further violations, according to a statement from the CFTC. The agency claims the crypto exchange […]

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Dogecoin’s Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month

Dogecoin’s Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month

The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month dogecoin prices have stagnated a […]

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Major US crypto exchanges buckled as bitcoin’s price fell on Tuesday

Major US crypto exchanges buckled as bitcoin’s price fell on Tuesday

A number of crypto exchanges that serve the U.S. market encountered operational problems Tuesday as cryptocurrency prices fell sharply. As the price of bitcoin and other cryptos took a drubbing — coming the same day that El Salvador’s bitcoin legal tender law took effect — exchange Coinbase, Kraken, Gemini and others reported that users had […]

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Kraken Wants an European License in 2021. An NFT Marketplace Is Under Consideration

The crypto exchange Kraken does not want to lag behind in the race to dominate the global cryptocurrency market and is actively working on expanding beyond the United States. The first and also the most challenging destination is Europe. In an interview for the German news outlet Handelsblatt, Jesse Powell, CEO of Kraken, said that […]

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