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Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst

Crypto analysts say a daily close above $65,000 would confirm “bullish momentum,” but a possible reversal still can’t be ruled out.

Bitcoin (BTC) is at a critical crossroads. While some traders are optimistic about an imminent surge as BTC’s price passes $66,000, others are not ruling out a retrace back to $60,000.

The speculation comes after Bitcoin surpassed $65,000 on Sept. 26 for the first time since Aug. 2.

Kraken analysts opined in a note viewed by Cointelegraph that:

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Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

Kraken partners with RB Leipzig to innovate the German football fan experience

We are delighted to announce our partnership with RB Leipzig, two-time DFB Cup winner and one of Germany’s most thrilling and innovative football clubs. We are the club’s Official Crypto Partner and Official Sleeve Partner for all RB Leipzig Men’s and Women’s Bundesliga fixtures.

The post Kraken partners with RB Leipzig to innovate the German football fan experience appeared first on Kraken Blog.

Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

Kraken Announces New Acquisition of Dutch Crypto Broker in Continued European Expansion

Kraken Announces New Acquisition of Dutch Crypto Broker in Continued European Expansion

A leading US-based crypto exchange is establishing its European footprint by acquiring the Dutch crypto broker Coin Meester B.V. (BCM). In a new press release, Kraken says it has closed on a deal with BCM that will “strengthen” the crypto exchange’s presence in Europe. “With the acquisition of BCM, one of the Netherlands’ oldest and […]

The post Kraken Announces New Acquisition of Dutch Crypto Broker in Continued European Expansion appeared first on The Daily Hodl.

Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

2009 Bitcoin Whale Moves 5 BTC to Kraken, Holds Over 1,200 BTC

2009 Bitcoin Whale Moves 5 BTC to Kraken, Holds Over 1,200 BTCAn early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years of Inactivity […]

Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

Kraken strengthens European business with completion of BCM acquisition

Today we announced the closing of the Coin Meester B.V. (BCM) acquisition,1 a key element in our European growth strategy.  With the acquisition of BCM, one of the Netherlands’ oldest and most respected registered crypto brokers, we have significantly expanded our Dutch footprint and enhanced our business with a registered Virtual Asset Service Provider (VASP) […]

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Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

Diamond hands Ethereum holder makes $131.7M in 2 years

An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.

A cryptocurrency investor made a profit of $131.72 million by investing in Ether during the 2022 bear market and holding it through uncertain market conditions for two years.

Blockchain analytics firm Lookonchain identified an Ether (ETH) wallet address of an investor with diamond hands, showcasing the long-term losses associated with panic selling. Diamond hands refer to individuals who hold on to their investments amid market volatility and price fluctuations.

Source: Lookonchain

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Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

GFI, KUJI, and POPCAT available for trading!

We’re thrilled to announce that GFI and POPCAT are now available for trading on Kraken. Additionally, we’ve expanded coverage so clients in Belgium, Canada, Ireland, Italy, The Netherlands, Spain, and the United States can now trade KUJI! Funding and trading Trading for GFI, KUJI, and POPCAT will be live as of 15:00 PM UTC today, […]

The post GFI, KUJI, and POPCAT available for trading! appeared first on Kraken Blog.

Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage

Staking rewards of 12-16% come to XTZ on Kraken

Thanks to improvements made to Tezos’ reward issuance mechanism, which were brought on by the Paris Protocol update, you can now earn more on your XTZ when you stake with Kraken. Kraken is introducing Bonded staking for XTZ, which will allow XTZ holders to earn 12-16% APR on their coins. While Kraken has supported flexible […]

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Crypto Tower: A 17-Story Masterpiece That Puts Dubai at Blockchain’s Center Stage