Kraken Implements New Funding Options for 5 Fiat Currencies

The US-based crypto exchange Kraken is rolling out new funding options for five major fiat currencies. In order to do so, the exchange has partnered with Etana Custody. Let’s check this out. Kraken’s New Funding Options Yesterday, July 29, the crypto exchange put out an official announcement saying that it will offer new funding options for US dollars, Euros, Canadian dollars, British Pound, and Japanese Yen. Kraken’s global customer base can access the fiat funding options by linking their bank account and wiring funds to the in-built Etana Custody Wallet,…

Ethereum (ETH) Falls 86% Relative to Bitcoin Since the 2017 Build-Up

In 2017, during the cryptocurrency bubble, a number of projects launched tokens for a wide range of payments. It was easy because what was needed to raise millions of dollars through an initial coin offering was just an idea. During the period, Ethereum and its native token Ether (ETH) reached a record high because of frenzy around trend words like “smart contract” and “ICO.” Hype on ETH Waned Because of Scams and Bad Ideas The flurry witnessed eventually waned and the price of ETH, which hit a record high against…