Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Co...
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges saw increases between 126% to 305% during the past day. While the exchange volumes soared, the trading platforms Coinbase and Kraken reported the exchanges suffered from connectivity problems. Tuesday’s Crypto Exchange Volume Jumps 183% Higher Than Last Week, Top 5 Exchanges Record More Than....
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Crypto exchange Coinbase disclosed a $1.1 billion loss on revenue of $803 million in the second quarter, a bigger-than-anticipated loss as investors apprehensive about this year’s volatility in assets avoided trading in cryptocurrencies. Both numbers fell short of analysts’ forecasts and are below what the company reported in the first three months of the year. […]
Kraken’s mobile crypto trading app is now available across the United States, except for New York and Washington. Major global cryptocurrency exchange Kraken has launched a mobile crypto trading application in a new move to boost industry adoption in the United States.The company announced Wednesday that its new app is now available for most of the United States as well as other countries around the world for both iOS and Android users.The app allows users to trade more than 50 cryptocurrencies like Bitcoin (BTC) and Ether (ETH) via smartphones. The move follows a rollout of the Kraken....
Coinbase has unveiled a partnership with Formula One team Aston Martin Aramco, adding to the list of the crypto exchange’s brand expansion aimed at promoting crypto adoption. Related Reading: CZ’s Dog As A Memecoin Star? Former Binance CEO Fuels Speculation With Recent Tease Coinbase Leads With F1 USDC Sponsorship In a blog post on February […]
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained.
Kraken Establishes Middle East Headquarters
Abu Dhabi Global Market (ADGM) announced Monday that cryptocurrency exchange Kraken has become “the first global virtual assets exchange group in the UAE to receive a full financial license from....
What to Know: ➡️ Kraken’s Q3 report shows a massive 114% year-over-year revenue jump, signaling explosive growth and renewed investor confidence. ➡️ The exchange’s strategic acquisitions and xStocks innovation have positioned it as a serious contender to Coinbase and Binance. ➡️ If you’re hunting for the best altcoins to buy, consider watching low-cap gems like $PEPENODE, $BEST, and $AURA. In a year that has been a bit topsy-turvy for the cryptocurrency markets, firms like Kraken are proof that the industry’s bottom line is getting stronger and stronger. Kraken recently announced its....