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Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives

Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based DerivativesKraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain exposure to cryptocurrency price movements without the need to hold the underlying assets. The offering is backed by Kraken’s […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Kraken launches licensed broker offering for Australian wholesale clients

We’re thrilled to announce our new licensed broker offering that will service eligible Australian wholesale clients with a broad suite of exciting crypto-based derivatives products.  Starting today, we will enable wholesale clients to acquire crypto-based derivatives via our Australian financial services licensed broker. Our new crypto derivatives broker offering provides both flexibility and depth to […]

The post Kraken launches licensed broker offering for Australian wholesale clients appeared first on Kraken Blog.

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Kraken restructures with new co-CEO, layoffs reported

Kraken hinted that its managerial structure would be reformed, without explaining the details.

Cryptocurrency exchange Kraken has declared “a new day,” with the appointment of new co-CEO Arjun Sethi and a managerial shakeup. There is also an unconfirmed report that 15% of the staff has been laid off.

Sethi is also the co-founder and chairman of Silicon Valley venture capital investor Tribe Capital and has been a member of the Kraken board since 2021. He will share the top position at Kraken with David Ripley.

In addition to disclosing Sethi’s appointment, Kraken announced coming fundamental changes on its blog on Oct. 30. “We need to be leaner and faster,” it said. Apparently, Kraken’s organizational structure is in for an overhaul. According to the blog:

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Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Bitcoin bulls ‘in control’ as long as price holds above $66.5K: Analysts

Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500.

Bitcoin bulls will keep the upper hand over bears as long as the price holds above $66,500, after the asset has positioned itself above “all key moving averages,’ according to crypto analysts.

“This breakout suggests that bulls are firmly in control, and as long as BTC remains above the $66,500 level, the trend should remain constructive,” crypto exchange Kraken analysts opined in an Oct. 26 market report viewed by Cointelegraph.

The analysts claimed that if Bitcoin (BTC) holds above this price level and the asset continues its “upward movement,” the next critical stage will be the $73,679 all-time high it reached in March.

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Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Crypto Exchange Kraken Announces Launch of New Ethereum Layer-2 Chain ‘Ink’

Crypto Exchange Kraken Announces Launch of New Ethereum Layer-2 Chain ‘Ink’

US-based crypto exchange Kraken has unveiled its Ethereum (ETH) layer-2 blockchain that will be launched on testnet later this year. In a statement, Kraken says the layer-2 blockchain, called Ink, is designed to enable seamless access to decentralized finance (DeFi). The blockchain is built on Optimism’s Superchain, a network of interconnected layer-2 chains powered by […]

The post Crypto Exchange Kraken Announces Launch of New Ethereum Layer-2 Chain ‘Ink’ appeared first on The Daily Hodl.

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States

Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’

Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly named “Ink,” the blockchain is slated to be ready for […]

Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States