We’re thrilled to announce that Kraken now supports JUNO (JUNO)! Funding and Trading Funding and trading are now live. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits are near-instant. All tokens are tradeable against USD and EUR on Kraken…
Month: August 2022
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday trading range. Wall Street opened with…
Coinbase hit with 2 fresh lawsuits amid SEC probe
Coinbase is now facing increased scrutiny from regulators, with the company now becoming the target of multiple lawsuits. The San Francisco-based cryptocurrency exchange, which is presently being investigated by the United States Securities and Exchanges Commission (SEC), now faces two additional legal claims from two law firms. On Thursday, New York-based legal firm Bragar Eagel & Squire revealed that it…
Bitcoin Conference Pitch Day – Bitcoin Magazine
The Bitcoin Conference 2022’s Pitch Day was a platform for the next generation of Bitcoin startups to put ideas and products to the test in a competitive format. Taking place during Enterprise Day, the Pitch Day competition featured companies across three categories: Mass Adoption, Lightning and Infrastructure, pitching to three panels of judges made up of top investors in the Bitcoin…
Coinbase Made ‘False and Misleading Statements’ About its Operations Lawsuits Allege
Crypto exchange Coinbase has been hit with two separate class-action lawsuits on Thursday. Each allege the company made “false and misleading statements” regarding the nature of its operations. Each suit claims that investors suffered losses due to the bankruptcy clause in its SEC filing and recent reports of an SEC probe into Coinbase over offering trading services for crypto assets…
Hut 8 Mining Keeps Holding Amid Miner Capitulation – Bitcoin Magazine
Hut 8 Mining produced an additional 330 BTC in the month of July.By the end of the month, the company was operating at 2.9 EH/s and continues to receive monthly shipments of additional miners.The miner currently holds 7,736 BTC on its balance sheet and continues to HODL. Hut 8 Mining Corp. released its bitcoin mining and production update for July…
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives – Metaverse Bitcoin News
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue Bonds to Finance New…
Decentralized finance faces multiple barriers to mainstream adoption
Decentralized finance (DeFi) is a growing market popular with experienced crypto users. However, there are some roadblocks regarding mass adoption when it comes to the average non-technical investor. DeFi is a blockchain-based approach to delivering financial services that don’t rely on centralized intermediaries but instead use automated programs. These automated programs are known as smart contracts, enabling users to automatically…
ETH Rebounds on Friday, Climbing Above $1,700 – Market Updates Bitcoin News
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead of the nonfarm payrolls report, bitcoin (BTC) was back in the green on Friday,…
Binance Card users now have access to XRP, SHIB and AVAX
Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX). The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens…