Daily Crypto News & Musings

Latest News and Articles about Kraken

FTX Begins $16 Billion Payout: Key Details and Market Impact Revealed

5 January 2025 Daily Feed , , ,

FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors Today marks a pivotal moment for those affected by the FTX crypto exchange’s collapse, as the long-awaited repayment plan officially begins. This plan promises to redistribute approximately $16 billion back to creditors, offering a glimmer of hope while highlighting the challenges in managing […]

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Ethereum Genesis Whale Moves $11.37M to Kraken, Signals Market Exit

200k Ethereum Genesis Whale Awakens: $11.37M Sent to Kraken A long-dormant Ethereum whale, who received 200,000 ETH during the 2015 genesis block, has transferred 3,370 ETH worth $11.37 million to Kraken. This latest move is part of a series of liquidations throughout 2024, indicating a strategic exit from the market. Genesis whale transfers 3,370 ETH […]

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Kraken vs SEC: Legal Battle Could Redefine Bitcoin and Ether Regulation

25 December 2024 Daily Feed , , ,

Kraken vs SEC: Unpacking the Crypto Classification Conflict Kraken, a heavyweight in the cryptocurrency exchange landscape, is embroiled in a contentious legal dispute with the US Securities and Exchange Commission (SEC). At the heart of this clash lies a discovery disagreement that could reshape how cryptocurrencies like Bitcoin and Ether are classified and regulated. Kraken […]

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Crypto Giants Invest in Trump’s Inauguration: Seeking Regulatory Clarity or Favoritism?

Crypto Companies Fund Trump’s Inauguration: Strategic Investment or Regulatory Favoritism? The cryptocurrency industry is buzzing with curiosity and speculation as major players like Ripple, Kraken, and Coinbase have collectively poured millions into Donald Trump’s inauguration. Are these donations strategic efforts to secure favorable regulatory conditions, or simple attempts to gain favor with the incoming administration? […]

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