We’re excited to announce the introduction of trailing stop orders, now available across all spot and futures markets on the Kraken Pro web interface. This new conditional order type seeks to secure maximum upside without having to repeatedly, manually readjust orders. Trailing stop orders allow you to stay dynamic and lock in profits at a specific level once a price…
Crypto companies and institutions holding crypto assets have gotten some good news about accounting practices. They will be able to record the value of their crypto more realistically under rule changes in the United States. The Financial Accounting Standards Board (FASB) finalized the new rules on Dec. 13. The FASB is the organization that sets accounting and reporting standards for…
Ubisoft has announced the Ethereum NFT mint date for its first original blockchain game, Champions Tactics: Grimoria Chronicles, sharing that its “Warlords” will be available on December 18. Champions Tactics will offer a private mint for those added to its “darklist” beginning at 6am ET, and will open the mint up to the general public at 2pm ET on Monday.…
Ethereum wallet Rainbow announced the launch of its Rainbow Points rewards program on Tuesday, calling it “the first step towards including our community in the future success of Rainbow”—and potentially teasing a future token airdrop ahead. All Ethereum users were airdropped points based on their on-chain activity, Rainbow said, including their wallet balance, with extra rewards for switching from the…
Bitcoin (BTC) has failed to rebound sharply following the fall on Dec. 11, suggesting selling pressure on relief rallies. Glassnode data shows that short-term holders (STHs), entities holding Bitcoin for 155 days or less, sent $1.93 billion worth of Bitcoin to exchanges on Dec. 11 and $2.08 billion on Dec. 12. The last time single-day selling crossed the $2 billion…
Solana meme coin BONK went from boom to blah, down 11% after Coinbase announced yesterday it would soon list the token on its exchange. BONK is currently trading for $0.00001051, according to CoinGecko. It did initially spike in price after the announcement from Coinbase, which led to the token surging 15%. But it was short-lived: The price later sank as…
In 2013, the launch of a dog-themed crypto token as a private joke between a couple of software developers was a harmless piece of fun. The fact that Dogecoin (DOGE) has since amassed a market capitalization greater than $13 billion (as of Dec. 13) is beyond the understanding of most investors, but it seems like it’s here to stay. The…
Many writers view artificial intelligence as an enemy coming to replace them. Still, AI is also a tool writers can use to help them with the creative process—particularly regarding the nettlesome basics of grammar and spelling. This article will examine some of the tools that use generative AI to help writers with their words and get their stories out there. …
Developers of blockchain chess game Immortal Game are pulling the plug on its play-to-earn (P2E) and nonfungible tokens (NFT) features due to rampant cheating. According to the December 13 announcement, while developers continue to build Immortal Game as an online chess hub and may incorporate further decentralized technologies in the future, its goal of “giving a real opportunity for people…
Cantor Fitzgerald CEO Howard Lutnick declared he was a “fan” of Bitcoin and the stablecoin Tether, while dismissing other cryptocurrencies as “make believe.” Speaking on CNBC’s Money Movers podcast, the CEO of the Wall Street broker said that, “I am a fan of crypto. But let’s be very specific. Bitcoin. Just Bitcoin,” adding that he was optimistic on the prospect…
