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Kraken intends to introduce regulated perpetual contracts as competitors move quickly.

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Kraken to Launch CFTC-Regulated Perpetual Futures Contracts On Friday, Kraken announced its intention to introduce CFTC-regulated perpetual futures contracts in the U.S. within the next month. This comes shortly after the U.S. Commodity Futures Trading Commission approved the product. If all goes well, these contracts will debut on the Bitnomial Exchange, which is regulated by […]

Islanders wrap up lengthy road trip with disappointing defeat to Kraken

Islanders wrap up lengthy road trip with disappointing defeat to Kraken

Islanders Conclude Grueling Road Trip with Loss SEATTLE — It was a trip that many within the Islanders organization agreed felt like the longest of their careers. Surprisingly, they managed to push through, not letting the long hours on the road weigh them down too much. However, the key word here is “had.” On Wednesday […]

Rangers squander early advantage in disappointing defeat to Kraken

Rangers squander early advantage in disappointing defeat to Kraken

Rangers’ Struggles Continue After Loss to Seattle On Monday, the Rangers faced a crucial moment. How would they respond to Saturday’s tough loss against Boston, where they were the first team this season to give up 10 points in a game? Essentially, the question was whether they would crumble again, as they have so often […]

Islanders earning shootout victory against Kraken only slightly eases pain of injury update

Islanders earning shootout victory against Kraken only slightly eases pain of injury update

The Islanders faced a tough situation before the game even began. The news that Jean-Gabriel Pageau would be sidelined week-to-week with an upper-body injury and Alexander Romanov would undergo shoulder surgery, missing five to six months, certainly complicated matters. But Kyle Palmieri’s shootout goal clinched a 1-0 victory against the Kraken at UBS on Sunday, […]

Owen Gunden, a Bitcoin pioneer, deposits last 2,499 BTC ($228M) to Kraken – Details

Owen Gunden, a Bitcoin pioneer, deposits last 2,499 BTC ($228M) to Kraken - Details

Bitcoin Market Update Bitcoin is currently trading under $92,000, and there’s noticeable selling pressure with market activity visibly slowing down. Fear seems to have swayed sentiment towards a bearish outlook, leading several analysts to suggest that BTC might be heading into a new bear market. Concerns are growing, especially with key support levels being lost […]

Crypto Exchange Kraken Secures $800 Million with a $20 Billion Valuation

Crypto Exchange Kraken Secures $800 Million with a $20 Billion Valuation

Simply put Cryptocurrency exchange Kraken has secured $800 million in funding, including $200 million from Citadel Securities. The latest round values the company at $20 billion. While Kraken is reportedly looking towards an IPO, there’s been no official announcement yet. Kraken, the American cryptocurrency exchange, has recently announced it raised a significant $800 million in […]

Rangers defeat Kraken with Will Cuylle’s goal in overtime

Rangers defeat Kraken with Will Cuylle's goal in overtime

Rangers Triumph in Overtime Against Kraken SEATTLE — The Rangers had quite the journey, to say the least. With a 3-2 overtime win against the Kraken on Saturday night, the team wrapped up their longest game of the season at Madison Square Garden. They came back from a Western trip with a solid 3-1 record, […]

Rangers staying with well-known first line in matchup against Kraken

Rangers staying with well-known first line in matchup against Kraken

Rangers’ Line Changes Ahead of Game Against Kraken SEATTLE — Coach Mike Sullivan expressed satisfaction with the line adjustments he made during the Rangers’ overtime win over the Oilers on Thursday night. Most lines found success, but the newly formed top trio of Artemi Panarin, JT Miller, and Mika Zibanejad seemed to spark the change. […]

Kraken Discusses Partnership with Strategic Investor Valued at $20 Billion

Kraken Discusses Partnership with Strategic Investor Valued at $20 Billion

Kraken’s New Funding Push Kraken is currently engaging in discussions for new funding that could value the cryptocurrency exchange at approximately $20 billion. This move aims to strengthen its capital as it prepares for a potential public listing. While the specific funds are still being determined and depend on market conditions, reports indicate that there […]