Ethereum RSI hits 36 and whales move 406.117 ETH off exchanges as $4.000 level comes into focus
Ethereum’s RSI has dropped to 36, its first oversold reading since ETH traded near $1.4K, a setup that last time preceded a rebound within weeks....
Kraken
Kraken to open private markets and tokenized products to retail investors
Kraken announced plans to open access to private markets and tokenized products for retail investors. The move, aimed at users outside the U.S., could transform...
Kraken expands xStocks to European investors: U.S. tokenized equities arrive in the EU
Kraken has launched xStocks in Europe, allowing investors to trade tokenized versions of more than 60 US stocks and ETFs. The offering promises 1:1 collateralization,...
Kraken acquires Breakout and accelerates its roadmap: preparing the ground for an IPO in 2026?
Kraken has acquired Breakout, a trading platform with a funded account and profit-sharing model popular among professional traders. The acquisition demonstrates Kraken’s intention to diversify...
Vertex Bids Farewell to Arbitrum and Migrates to Ink in Search of Better Conditions
TL;DR Vertex will shut down its DEX on Arbitrum and migrate its infrastructure to Ink, a Layer 2 network backed by Kraken, eliminating its VRTX...
Kraken Delivers Data to the FBI and SEC
TL;DR In 2024, Kraken received 6,826 information requests from government agencies and regulators, a 39% increase compared to the previous year. The FBI was the...
Kraken Launches Licensed Broker Service for Australian Wholesale Clients
TL;DR Kraken launches derivatives brokerage service in Australia for wholesale clients. The offering allows access to cryptocurrency derivatives without owning the underlying asset. The company...
Kraken Cuts 15% of Workforce and Appoints New Co-CEO Amid Restructuring
TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile in...
Kraken Expands European Presence with Acquisition of Dutch Crypto Broker BCM
TL;DR Strategic Expansion: Kraken acquires Coin Meester B.V. (BCM) to strengthen its presence in the European market, especially ahead of the upcoming MiCA regulations. Enhanced...
Kraken Pushes for Jury Trial in SEC Lawsuit
TL;DR Kraken Requests Jury Trial: Kraken has officially sought a jury trial in its legal battle with the U.S. SEC, following a judge’s decision to advance...