VIP clients are the first to receive Kraken Intelligence reports. If you’d like access to our newsletter or want to start trading, get the resources crypto investors worldwide trust. After six straight months of double digit returns for Bitcoin (BTC), some investors are wondering, is… The post History In The Making? – March 2021 Market […]
Kraken Daily Market Report for April 06 2021
Overview Total spot trading volume at $1.86 billion, above the 30-day average of $1.38 billion. Total futures notional at $575.2 million. The top five traded coins were, respectively, Bitcoin, Ripple, Ethereum, Tether, and Cardano. Strong returns from Quantum (+11%), Kava (+7.8%), and Energy Web Token (6.7%). April 06, 2021 $1.86B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD XBT $57840. ↓2.3% $497.9M XRP $0.9450 ↑2.4% $296.7M ETH $2075.6 ↓1.8% $244.3M USDT $0.9998 ↓0.02% $240.3M ADA $1.2596 ↑3.8% $123.3M LTC $224.03 ↑1.0% $93.4M […]
Real-world data comes to NFTs as street artists geotag their work
“Blockchain is not just a buzzword here, it legitimately enables something that used to be impossible.” A Latvian artist going only by the name of Kiwie has announced their intention to release more than a thousand nonfungible tokens that represent real-world street art. According to a statement from Kiwie, the NFT pieces will allow art […]
Celer (CELR), Cartesi (CTSI) and Compound (COMP) rally as DeFi heats up
Aiming to reduce the cost of transacting within DeFi is attracting developers and investors to Celer Network, Cartesi and Compound. Bitcoin bulls are still struggling to push the price to a new high but the positive sign is that BTC has not corrected sharply in the past few days and the top-ranked cryptocurrency has held a market […]
Alameda Research invests $4M in Vietnamese DeFi project
The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub. Alameda Research has expanded its investment portfolio by allocating $4 million to Coin98 Finance, an up-and-coming decentralized finance platform from Vietnam, according to Chinese fintech outlet ChainNews. Coin98 Ventures, the venture capital firm behind Coin98, reportedly operates […]
Rewards system allows decentralized messaging app users to earn crypto
The messaging app project was aimed at avoiding third-party data harvesting. Make Sense Labs, a decentralized application firm backed by venture capitalist Tim Draper, now allows users of its social messaging app to earn rewards in crypto. According to an announcement from Make Sense, the technology company launched the crypto rewards feature on Monday on […]
Polkadot futures open interest hits $1B as DOT price reaches a new ATH
The open interest of Polkadot futures soared to $1 billion, eclipsing Litecoin and XRP to make DOT the third-largest futures market. On March 24, the price of Polkadot’s DOT token corrected by 23% in a brief six-hour period, resulting in $174 million in liquidations across the futures market. This swift downside move also cut the aggregate open […]
New Kind of Network (NKN) gains 340% to become ‘the biggest blockchain in the world’
NKN price rallied to a new all-time high as the number of full consensus nodes on the network surpassed 67,000. One telltale sign of a growing altcoin season is when obscure and lesser-known projects start putting on face-melting gains as traders scramble to jump on the rising price. New Kind of Network (NKN) has emerged […]
Ripple wins access to SEC discussions on defining crypto assets as securities
Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP. Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” […]
BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond
The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10 million bond. Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied charges against him and three fellow BitMEX executives. In a statement, Hayes’ lawyers described the Singapore resident […]