Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race
Kraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking raceDespite its withdrawals, Kraken is still one of the largest depositors on the Beacon Chain, with 935,488 ETH staked as of press time.
Happy Friday!The global crypto market cap is $1.18 trillion with a 24-hour volume of $47.19 billion. The price of Bitcoin is $28,046.81 and BTC market dominance is 45.9%. The price of Ethereum is $1,901.48 and ETH market dominance is 19.4%. The best performing cryptoasset sector is eCommerce, which gained 14%.
Latest NewsKraken withdraws 330k ETH amid regulatory pressure – deposits outpace withdrawals in staking race
Despite its withdrawals, Kraken is still one of the largest depositors on the Beacon Chain, with 935,488 ETH staked as of press time. Meme season blamed for jump in Ethereum (ETH) gas feesEthereum (ETH) gas fees reach a staggering 10-Month high — driven by the resurgence of the meme coin craze. CryptoSlate wMarket Update: Another red day sees Bitcoin lose $28,000The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. CTSI surges over 65% in a week as rollup update approachesThe Cartesi team published the 2023 Ecosystem Update on April 11, stating that the Cartesi Rollups will be deployed on the mainnet soon. Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive runTether's USDT has had a largely positive 2023, with its market cap rising 6.18% in the past month to $81.4 billion. Crypto developers expose ‘absolutely horrible’ flaws in Societe Generale euro stablecoinCentralized chaos: crypto developers reveal Societe Generale's euro Stablecoin issues — questioning its viability. Ripple, FTX, Tezos leaders affected by Twitter’s blue checkmark removalsBrad Garlinghouse and SBF, among others, have not updated to the new policy. Texas bill could require crypto firms to show they can cover user balancesThe state's House of Representatives has passed, but not enacted, the bill. Everything you need to know about ETH Shapella withdrawalsShapella - the combination of the Shanghai and Capella upgrades - had a big impact on Ethereum SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’The SEC aims to influence how financial advisors recommend investments.
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EU’s MiCA crypto regulatory framework passes final parliamentary voting
Thursday, April 20, 2023
The new rules will start to come into force in 2024 and are expected to be fully implemented within the next two years.
Bitcoin breaks below $30,000 in flash crash event – Altcoins bleed
Wednesday, April 19, 2023
Bitcoin price dropped as low as $29010 on April 19 — as derivative open interest also tanked in a price flash crash.
Buffet says he can’t turn back the clock on Bitcoin
Wednesday, April 19, 2023
The Berkshire Hathaway Chair likened interest in Bitcoin to the lure of easy money gambling.
Twitter partners with eToro to allow users buy crypto, stocks
Wednesday, April 19, 2023
Twitter has partnered with eToro to allow its users access stocks, cryptocurrencies, and other financial assets.
Shappella upgrade propels Ethereum above $2,100
Wednesday, April 19, 2023
Data from Token Unlocks showed that validators had withdrawn over 265000 Ethereum at press time as ETH price soared.
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