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Kraken is more than just a Bitcoin trading platform. Come see why our cryptocurrency exchange is the best place to buy, sell, trade and learn about crypto.

Kraken Crypto Exchange | Buy crypto with peace of mind

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What is 0x? (ZRX)

What is 1inch? (1INCH)

How to Sell Aave (AAVE)

What is Aave? (AAVE)

What Is Aavegotchi? (GHST)

How to Sell Acala (ACA)

What is Acala? (ACA)

How to Sell Akash (AKT)

What is Akash? (AKT)

What is Akropolis? (AKRO)

How to Sell Algorand (ALGO)

What is Algorand? (ALGO)

What is Ampleforth? (AMPL)

What is Ankr? (ANKR)

How to Sell Aragon (ANT)

What is Aragon? (ANT)

What is Arweave? (AR)

How to Sell Audius (AUDIO)

What is Audius? (AUDIO)

How to Sell Augur (REP)

What is Augur? (REP)

What is Avalanche? (AVAX)

What is Axie Infinity? (AXS) 

What is Badger DAO (BADGER)?

How to Sell Balancer (BAL)

What is Balancer? (BAL)

What is Bancor? (BNT)

What is Band Protocol? (BAND)

How to Sell Basic Attention Token (BAT)

What is Basic Attention Token? (BAT)

What is Bifrost? (BNC)

What is BitTorrent? (BTT)

How to Sell Bitcoin (BTC)

What is Bitcoin? (BTC)

What is Lightning Network?

What is Taproot?

What is the Bitcoin white paper?

How to Sell Bitcoin Cash (BCH)

What is Bitcoin Cash? (BCH)

Reddit Coins Landing Page

What is Reddit's BRICK token?

How to Sell Cardano (ADA)

What is Cardano? (ADA)

What is Cartesi? (CTSI)

What is Celo? (CELO)

What is Celsius? (CEL)

What is Centrifuge? (CFG)

How to Sell Chainlink (LINK)

What is Chainlink? (LINK)

What is Chiliz? (CHZ)

How to Sell Compound (COMP)

What is Compound? (COMP)

How to Sell Convex (CVX)

What Is Convex? (CVX)

How to Sell Cosmos (ATOM)

What is Cosmos? (ATOM)

What is Covalent? (CQT)

How to Sell Curve (CRV)

What is Curve? (CRV)

How to Sell Dai (DAI)

What is Dai? (DAI)

How to Sell Dash (DASH)

What is Dash? (DASH)

How to Sell Decentraland (MANA)

What is Decentraland? (MANA)

What is Decred? (DCR)

What is DigiByte? (DGB)

What is district0x? (DNT)

How to Sell Dogecoin (DOGE)

What is Dogecoin? (DOGE)

How to Sell EOSIO (EOS)

What is EOSIO? (EOS)

How to Sell Energy Web Token (EWT)

What is Energy Web Token? (EWT)

What is Enjin? (ENJ)

How to Sell Enzyme Finance (MLN)

What is Enzyme Finance? (MLN)

How to Sell Ethereum (ETH)

What is Ethereum? (ETH)

What is The Ethereum Merge?

How to Sell Ethereum Classic (ETC)

What is Ethereum Classic? (ETC)

How to Sell Ethereum Name Service (ENS)

What is Ethereum Name Service? (ENS)

How to Sell Fantom (FTM)

What is Fantom? (FTM)

How to Sell Filecoin (FIL)

What is Filecoin? (FIL)

What is Flow? (FLOW)

How to Sell Gala Games (GALA)

What is Gala Games? (GALA)

What is Genshiro? (GENS)

How to Sell GensoKishi Metaverse (MV)

What Is GensoKishi Metaverse? (MV token)

How to Sell Gnosis (GNO)

What is Gnosis? (GNO)

What is Golem? (GNT)

What is Handshake? (HNS)

What is Hedera Hashgraph? (HBAR)

How to Sell Icon (ICX)

Required Legal Notice: Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. 

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. 

Services available to Japan residents will partially differ from Kraken global services.&nbsp;

Please see our <a href="https://blog.kraken.com/japan/">blog</a> for details.

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Pertaining to Japan

Important

October

OTC Commentary

The SBF media circus is set to resume with his long awaited criminal trial, as new details emerge about the disgraced FTX CEO . Binance has lost its Euro ramp and attempted to cut ties with its Russian arm, drawing new scrutiny.

Industry news (October 5, 2023)

September

US crypto firms continue to hedge their bets overseas, as regulatory clarity emerges in offshore locales. Binance warns that MiCA’s implementation of licensing requirements for stablecoin issuers might need a longer timespan.

Industry news (September 28, 2023)

Intro  FTX continues to explore different pathways out of bankruptcy, including a sale. North Korea backed Lazarus Group exploits another centralized crypto company. Crypto VC firm Paradigm is reportedly raising a new fund, in spite of challenges. 

Industry news (September 21, 2023)

The wider crypto market remains highly correlated to the BTC price, which has been hugging the Ichimoku baseline at $26,537. If we close higher on a daily basis it will open up further upside, whereas a decisive close below means we may retest the recent lows. 

Technically Speaking: High correlation keeps eyes fixed on BTC

August

August was a really busy month at Kraken. We celebrated our 12th birthday, released a range of new funding partners, launched a new Liquidity Pool for futures trading ... and much more!

What happened at Kraken in August, 2023

Industry news (September 14, 2023)

Grayscale wins a major legal victory, fueling optimism about recent spot Bitcoin ETF filings. Uniswap also scored a win in court, prevailing in a lawsuit that could have important implications for DeFi developers. USDT has remained slightly depegged from $1 for much of August, data provider Kaiko believes they know why…

Industry news (September 7, 2023)

The wider crypto market remains highly correlated to the BTC price, which is holding a key support level. A daily close below $25,330 could lead to a swift move lower.

Technically Speaking: BTC Holding Key Support 

The US federal government indicts two Tornado Cash developers on sanctions violations and money laundering charges; Shopify launches a Solana Pay plug-in that allows users to pay for e-commerce goods and services with USDC; Binance and Mastercard ended a partnership that issued debit cards linked to Binance account balances, allowing users to spend crypto as if it were fiat.

Industry news (August 31, 2023)

BitGo secures $100m in funding at a $1.75b valuation; Helium launches its decentralized wireless network in Miami; Binance loses one of its payment processors, Checkout.com.

Industry news (August 24, 2023)

Paypal launched its own stablecoin PYUSD, drawing the attention of lawmakers; the mainnet of Coinbase’s L2, Base, went live and new users gravitated to a popular social dapp; The newly released L1 blockchain, Aptos, announced a multifaceted partnership with Microsoft, in the hopes of onboarding institutional users.

Industry news (August 17, 2023)

BTC and ETH volatility remain near multi-year lows. As mentioned in our last report, low volatility tends to beget high volatility, and we remain attentive to levels that will mark a clear trend change.

Technically Speaking: BTC and ETH – in search of a catalyst – near multi-year volatility lows

Crypto-in-Review

FTX’s new management released a new bankruptcy plan that teased a possible reboot; hackers drain $45m+ from the systemically important Curve DEX and the ensuing contagion briefly threatens DeFi; Coinbase hopes to bring new users on-chain with the mainnet launch of its L2, Base, but early rugpulls could overshadow its corporate-friendly image

Industry news (August 10, 2023)

While the bitcoin price was stagnant in July, there was plenty of progress at Kraken! A slew of new listings debuted as we launched on our fully redesigned web experience – trade with fees as low as 0% maker/0.01% taker during our current fee tier trial!

What happened at Kraken in July, 2023

Crypto custodians are attempting to navigate regulatory requirements while meeting the rising demand for their services; The US House of Representatives will likely vote on a crypto regulatory framework this year; North Korea’s Lazarus Group allegedly stole almost $100m in hacks of two different crypto payment processors.

Industry news (August 4, 2023)

April

With BTC having reached the $30,000 psychological level, deep dive into the BTC/USD price action with a technical review from the Kraken OTC desk.

Technically Speaking

June

The inverted head and shoulders pattern is still valid, but as volatility continues to contract and BTC trades sideways, we examine the charts to identify if we are in an accumulation or distribution phase. 

Technically Speaking: Accumulation or Distribution? 

July

While BTC is losing momentum near its 52-week high, a pullback here would actually be healthy for a more sustained move higher – and is ETH on the verge of a breakout?

Technically Speaking: As BTC Tests a New 52-Week High, an ETH Breakout?

Is BTC on the verge of rolling over… and have we reached a short-term high in SOL?

Technically Speaking: An Ichimoku Cloud model view of BTC, ETH and SOL

The summer market slowness is keeping a lid on volatility, but technicians know now that volatility begets high volatility. Traders need to stay alert to levels that will mark clear trends. 

Technically Speaking: Slow summer markets keep crypto calm… for now

BTC confirms its inverted head and shoulders pattern. Will a retest of $25,330 hold or is the 20-day MA the next stop on the way to an invalidation?

Technically Speaking: Testing BTC's Neckline

A weak bounce off the inverted head-and-shoulders neckline suggests upside moves will be capped toward $27,500 (for now) and lower levels are still in play.

Technically Speaking: A Weak Bounce Off the Neckline

February

Deep Dives

Out With The Old, In With The New: Market Structure Analysis. That’s why Kraken Intelligence, our in-house research experts, has compiled a robust analysis of how markets are structured that examines both the issues inherent in traditional markets and how cryptocurrencies and digital assets level the playing field.

Traditional vs. Crypto Markets Note

Monthly Reports

Taking a Breather – May 2021 Market Recap & Outlook.

Market Recap & Outlook

Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%.

We’ve Been Here Before – June 2021 Market Recap & Outlook.

Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell the news” price action.

Crypto On-Chain Digest

After months of price declines across cryptoassets, July 2022 brought signs of recovery. All sectors saw positive monthly returns — gaining a minimum of 8% — led by DeFi (52%) and metaverse (35%). Prices of BTC (19%) and ETH (59%) increased after three months of negative returns.

December

In this guide, the Kraken Intelligence team explains the benefits of running a full node and how to get your own node up and running.

Bitcoin Full Node Guide: Securing Self-Sovereignty

After cryptoasset prices crashed in early May, with BTC falling nearly -32% from $39,500 to $27,000 within a week, prices continued lower in June as BTC dropped to a 1.5-year low of $17,600.

November

Ain’t Over ‘Til It’s Over. In our last two Crypto On-Chain Digest reports (End of Summer Sale and SHOCKTOBER), we noted that a supply shock driven by long-term holders could push BTC and ETH prices higher.

Kraken is a crypto exchange for everyone

10M+

190+

$207B+

CRYPTO EXCHANGE

Buy crypto
in minutes

CRYPTO EXCHANGE

Buy crypto in minutes

Build your crypto portfolio

Why Kraken?

Simplicity

Education

Service

KRAKEN PRO

Trade spot, margin and stake.
All in one powerful interface.

Low spreads

High rate limits

Start your crypto journey

Start your crypto journey

Kraken is a crypto exchange for everyone

10M+

190+

$207B+

CRYPTO EXCHANGE

Buy crypto in minutes

CRYPTO EXCHANGE

Buy crypto in minutes

Build your crypto portfolio

Why Kraken?

Simplicity

Education

Service

KRAKEN PRO

Trade spot, margin and stake. All in one powerful interface.

Low spreads

High rate limits

Start your crypto journey

Start your crypto journey

Buy crypto
in minutes

Trade spot, margin and stake.
All in one powerful interface.