Markets
Crypto Markets Analysis: Crypto Trades Lower as Regulatory Concerns Trump Encouraging Macro Signs
The announcement that Kraken had agreed to “immediately" end its crypto staking-as-a-service platform for U.S. customers and to pay $30 million to settle SEC charges roiled markets.
Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC
The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.
Bitcoin Drops Below $22K as Kraken Agreement to Close US Crypto Staking Operations Spooks Investors
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service.
Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief
Energy producers finally have incentives to work with bitcoin miners.
First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
The latest price moves in crypto markets in context for Feb. 9, 2023.
Crypto Markets Analysis: Ether Pulls Even With Bitcoin in Year-to-Date Performance
BTC had been outperforming ETH, but the spread between the two largest cryptocurrencies has now evaporated as the ether supply continues to decline.
Cross-Chain Protocol Stargate Finance’s Token Surges by Double Digits on Trader Joe Partnership
The Stargate DAO also passed a token re-issuance proposal following security concerns tied to an entanglement with Alameda Research; bitcoin and ether trade slightly in the red.
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.
First Mover Americas: The Sandbox Is Up on Saudi Arabia Partnership News
The latest price moves in crypto markets in context for Feb. 8, 2023.
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network.
