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“# Pricing the hype: Crypto companies valued at billions as market booms ” Cryptocurrency and blockchain firms are attracting billion-dollar valuations as the space continues to see major investment in 2021. The likes of exchanges Coinbase and Kraken have had mind-boggling numbers attached to their plans to raise funds, with the former set to go…
“# Experts divided on BTC predictions: Bullish or super bullish? ” Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a glittering future for Bitcoin…
“# Bitcoin price is going to ‘infinity’ — Kraken CEO ” Bitcoin (BTC) will be worth “infinity” and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken. Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000. Powell: $1…
“# Energy Web Token (EWT) rallies 50% shortly after listing on Kraken ” One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear power. Energy Web Token (EWT) is one project that is…
“# While Washington dithers, Wyoming and other US states mine for crypto gold ” The United States is divided politically these days into red states and blue states, and increasingly, it seems to be fracturing into cryptocurrency-friendly and crypto-wary locales, too. On Feb. 21, it was revealed that San Francisco-based Ripple Labs had registered as…
“# Kraken seeks $10B+ valuation in new funding round: Report ” Major U.S.-based crypto exchange Kraken is reportedly in talks for a new funding round that could double the company’s valuation to $10 billion, or more. The raise was reported by Bloomberg, who cited anonymous sources claiming Kraken is in discussions with top investors including,…
“# Kraken users demand refunds over flash-crash liquidations ” Kraken users are demanding compensation after violent flash crashes localized to the exchange resulted in leveraged trades being liquidated amid the sharp retracements recorded across the crypto markets on Feb. 22. Feb. 22 saw the single largest daily candle in the history of both Bitcoin and…
“# Bitcoin volatility almost returned to ‘Black Thursday’ levels in January ” With Bitcoin rallying from $30,000 to $42,000 and back again during January, BTC’s annualized volatility rose to levels last seen in April 2020, according to a new report from U.S. crypto exchange Kraken. January was a roller-coaster ride for Bitcoin, with BTC rallying…
“# 22.3 million Bitcoin addresses were active during January ” January was a record month for Bitcoin’s price and network activity, with more than 22.3 million unique addresses actively sending or receiving BTC over 31 days. The milestone was spotted by crypto market data aggregator Glassnode, who tweeted that January had seen the highest monthly…
“# Following Grayscale’s contribution, Kraken donates $100K to Coin Center ” Kraken has pledged $100,000 to Coin Center, a cryptocurrency advocacy group based in Washington D.C. In a blog from the crypto exchange today, Kraken said it had donated the funds to promote Coin Center’s work in educating regulators about digital assets an advancing the…