Bitcoin OG Owen Gunden Deposits Final 2,499 BTC ($228M) to Kraken – Details
Bitcoin is currently trading below $92,000, and the market is showing clear signs of exhaustion as selling pressure intensifies. Fear has pushed sentiment toward the bearish end of the spectrum, with many analysts now arguing that BTC may be entering a new bear market. The loss of key support levels and the rapid acceleration of downside volatility have only fueled these concerns, especially as short-term holders continue to capitulate at scale. Related Reading: Bitcoin Capitulation Deepens Around $90K Level: Classic Late-Stage Fear Structure Emerging However, not all perspectives are....
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Bitcoin dropped to $96,000 on heavy selling Friday, and falling risk appetite, leaving traders and analysts parsing whether this is normal profit-taking or a larger turning point for the market. Related Reading: XRP Earns Academic Praise: University Study Calls It ‘Gold In Your Hands’ According to on-chain and market reports, the drop wiped out more than $700 million in long positions and left November down by more than 10%. Whale Transfers Draw Focus Reports have disclosed that a wallet tied to trader Owen Gunden moved 2,400 Bitcoin — about $237 million — onto the Kraken exchange, a....
Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November. The entire market sentiment is somewhat fragile following heavy selling pressure from large holders, and on-chain data points to major whale movements that may be adding to the downtrend. High-profile entities, including the Winklevoss Twins’ Gemini Custody wallets and early Bitcoin miner Owen Gunden, have surfaced as key players in this wave of transactions that could be influencing Bitcoin’s recent price action. Winklevoss Twins Move Millions In....
Today, Kraken announced its partnership with PayCash that allows the Bitcoin exchange to provide both US dollar and Britsh Pound funding to their clients. While trading between bitcoin and USD had already been available on Kraken, USD deposits have been disabled since February 2014. In their press release, Kraken said that they had disabled the USD deposits because their now former banking partners did not have the capability to handle the volume required. Also read: a review on Kraken and other major exchanges. Kraken Returns to American and English Shores. "Our clients have asked about....
Cryptocurrency exchange Kraken has announced support for the meme cryptocurrency shiba inu (SHIB). Deposits are now live and SHIB trading is expected to commence on Tuesday. The price of SHIB surged following Kraken’s announcement.
SHIB on Kraken: Deposits Now Live, Trading Set to Begin Tomorrow
Crypto exchange Kraken announced Monday that shiba inu (SHIB) deposits are live and trading is expected to start Tuesday. The exchange wrote:
We’re thrilled to announce that Kraken now supports shiba inu (SHIB).
“Funding is live, and we anticipate trading....
Kraken has partnered with Luxembourg-based payment solution specialist PayCash to add GBP trading and reinstate USD deposits to its bitcoin exchange platform. The news comes amid an uptick in activity from the San Francisco-based startup, which announced it would begin operating in Japan by the end of October. Kraken further confirmed that clients in 28 EU member states will now have access to USD and GBP deposits, developments it characterized as being in line with its goal of becoming a leading global bitcoin exchange. The company framed the partnership as one that would help it....