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Financial markets are off to a pretty good start this year, as we’re seeing sizable rallies left and right. It can be tempting to hop in those huge price swings while they’re happening, but is it true that only fools rush in? Here are some quick questions you can ask yourself before you even think about chasing a move: 1. Am I feeling FOMO? No, FOMO doesn’t mean “FOcused and MOtivated.” The fear of missing out (FOMO) is a very common emotion among traders, and it might be something that you need to be aware of before attempting to join…
By Pranesh Anthapur, Kraken Chief People Officer While other companies struggle with return-to-office (RTO) mandates, it’s remote-first business as usual at Kraken. We’re building a borderless financial future in more ways than one. Our vision demands a workforce as free and flexible as the crypto we champion. We empower our employees (Krakenites) to shape their own careers — while they help shape the future of the global economy — from anywhere on earth. The problem with centralized offices Despite evidence that remote work boosts productivity, culture and employee satisfaction, many organizations are forced to cling to outdated, office-based models. Remote-first work just…
By Sean Tinney August 21, 2024 Daniel Pink tells a story in his book “Drive” about a university struggling to collect donations for a food drive. Researchers had the notion that adding context to make the ask feel more for an individual, and not just blanket marketing, they’d see a better response. So they decided to run a test with their outreach emails. They split tested two versions of their message: Half of the students got a generic email about the food drive. The other half got a personally addressed message with details about their closest donation drop offs. They also got…
MicroStrategy, the world’s largest corporate holder of Bitcoin, has purchased an additional $458.2 million worth of BTC. The business intelligence and “Bitcoin development” firm acquired 7,420 BTC at an average price of approximately $61,750, according to Michael Saylor, the company’s co-founder and executive chairman. Saylor also notes that MicroStrategy has achieved a Bitcoin yield of 5.1% quarter to date and 17.8% year to date. In total, the firm now owns 252,220 BTC acquired for $9.9 billion at an average cost of approximately $39,266 per Bitcoin. BTC is trading at $62,945 at time of writing, meaning the value of MicroStrategy’s holdings…
Jade City, a RWA platform specifically designed for tokenization of the $50 billion-plus jade market, released its white paper. According to the team: “The Jade City white paper outlines how the new platform will kick off a new era of RWA tokenization when it launches later in 2024, detailing its supply and value chain, supply and distribution partners, revenue and token model, and ongoing roadmap.” According to the white paper: “The economy of Jade City is powered by a community-funded value chain. The Jade City community gains access to raw material by purchasing a treasury bond with a stablecoin such…
Crypto.com has secured full approval from the Central Bank of Bahrain to provide payment service provider (PSP) services. This approval was granted to its subsidiary, FORIS GFS BH B.S.C. CLOSED, registered in Bahrain. This marks another regulatory achievement for Crypto.com in the region.The PSP licence enables Crypto.com to expand its services, offering e-money and fiat-based payment solutions. The company plans to introduce its prepaid cards in the region as part of this expansion.Bahrain Advances Crypto RegulationBahrain is recognized as a centre for digital asset regulation within the Gulf Cooperation Council. It was among the first in the region to issue…
We’re thrilled to announce that GFI and POPCAT are now available for trading on Kraken. Additionally, we’ve expanded coverage so clients in Belgium, Canada, Ireland, Italy, The Netherlands, Spain, and the United States can now trade KUJI! Funding and trading Trading for GFI, KUJI, and POPCAT will be live as of 15:00 PM UTC today, September 19, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens using networks supported by Kraken. Deposits made using other networks will be lost. The new tokens are…
InstaForex proudly announces that it is once again renewing its sponsorship contract with HKM Zvolen, one of the leaders in Slovak hockey. As a long-time general sponsor, we support the club’s quest for sporting excellence and ensure the team’s sustainable development on the national stage. In recent years, HKM Zvolen has achieved outstanding results, winning gold, silver, and bronze medals. With the new season approaching, the team has been strengthened by new players. Fans call the hockey players “The Knights” for their bravery and skill, which is now further enhanced by talents from various countries. Among the newcomers is Andrej…
Deribit, a popular cryptocurrency derivatives platform, has announced the launch of zero-fee spot trading, allowing clients to buy and sell crypto while simultaneously managing risk using other derivatives. Spot trading will start on April, 24th 2023 at 1 PM UTC with three pairs (BTC/USDC, ETH/USDC, and ETH/BTC), providing clients with a simple and free solution for exchanging collateral and eliminating the need for external asset conversion. Clients will enjoy a zero-fee structure for trading these pairs. Aiming to foster liquid markets, Deribit will offer 0% fees for makers and takers on spot. Note, due to this structure, there will not…
Google AI Overviews are triggered 10-20% less for signed-out users. While this percentage varies by industry, it is particularly noteworthy right now for ecommerce queries, which trigger AI Overviews 90% less often for signed-out users. Why we care. We’ve been closely watching the evolution of Google’s AI Overviews because it has the potential to disrupt the amount of organic traffic you receive. Different industries will be uniquely impacted, so it’s important to understand how AI Overviews are rolling out to your industry. By the numbers. While ecommerce had the largest difference, Google AI Overviews appear 10-20% less often to signed-out…