Kraken Daily Market Report for June 24 2021

Overview Total spot trading volume at $1.33 billion, the 30-day average is $1.55 billion. Total futures notional at $327.0 million. The top five traded coins were, respectively, Bitcoin (+3.5%), Tether (0%), Ethereum (+4.7%), Dogecoin (+23%), and Cardano (+8.6%). Strong returns from Rarible (+67%) and Ankr (+43%). June 23, 2021  $1.33B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $33683. ↑3.5% $456.8M USDT $1.0002 ↓0.02% $317.3M ETH $1967.6 ↑4.7% $196.8M DOGE $0.2345 ↑23% $80.3M ADA $1.25 ↑8.6% $77.9M USDC $1.0 ↑0.0% $65.0M […]

Has Altcoin-Season Officially Started?

MADE IN CANVA Almost every cryptocurrency has experienced a big crash, but they have also managed to recover within a few days. Along with major altcoins making efforts towards developing and standing out amongst the tokens that are being created on a larger scale.  — @JRossNicoll Dogecoin is getting a much-needed upgrade! Dogecoin is one of the few […]

What is the FED’s verdict on Inflation?

MADE IN CANVA The FED plays one of the most important roles in maintaining the stability of the US economy, although its effects can be felt across the world. The recent decisions of the FED to combat an inflating economy have been questionable and heavily criticized. Jerome Powell’s late realization! Jerome Hayden Powell is the 16th […]