Kraken expands into Australia’s crypto derivatives market with a regulated broker service for wholesale investors.
Derivatives news
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries.
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.
The US’s first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show.
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
The USDT issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit.
Bitcoin price is up today, but the bull’s ability to hold the 200-day SMA support could determine where BTC goes next.
Bitcoin has reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.
The securities regulator authorized Bitcoin options to list on BlackRock’s spot BTC ETF in September.