16 hours ago
We’re thrilled to announce that JAILSTOOL is now available for trading on Kraken! Funding and trading JAILSTOOL trading is live as of 17:00 UTC today, Feb 9, 2025. 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 into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply. Here’s some more information about this asset: Stool Prisondente (JAILSTOOL) Stool Prisondente (JAILSTOOL) is a community-driven memecoin designed for fun and lighthearted engagement within the crypto space. It celebrates crossovers between internet culture and the unpredictable nature of meme assets. With a focus on community participation and viral momentum, Jailstool embodies the spirit of crypto’s ‘degen’ culture. Ready to trade but don’t have a Kraken account yet? Sign up today ! Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here . The post JAILSTOOL is available for trading! appeared first on Kraken Blog .
Kraken Blog
You can visit the page to read the article.
Source: Kraken Blog
Tags :
Asset Listings trading
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Polymarket Captivates with Record-Breaking Trading Volume in Sports Events
Polymarket signals a new wave of trading in sports predictions. Regulatory scrutiny poses risks to the platform`s operations and user strategies. Continue Reading: Polymarket Captivates with Record-Breaking Trading Volume in Sports Events The post Polymarket Captivates with Record-Breaking Trading Volume in Sports Events appeared first on COINTURK NEWS . Kraken Blog
Here’s why analysts think Ethereum’s $10,000 breakout is ‘programmed this cycle’
Ethereum ( ETH ) appears to be on the verge of a significant breakout, with its current market structure closely mirroring the 2020-2021 cycle. As similar patterns emerge, analysts suggest that Ethereum’s breakout to $10,000 is programmed for this cycle, signaling a potential turning point for the second-largest cryptocurrency by market capitalization. Ethereum’s market structure points to a breakout An analysis by TedPillows highlights Ethereum’s recent capitulation candle, which mirrors the sharp downturn seen in March 2020. At that time, ETH faced a major downturn, leading many to believe the asset’s bullish trajectory was over—only for it to rebound and enter a bull run. Ethereum price analysis chart. Source: TedPillows/X The one-week Ethereum price chart resembles a similar setup, with price action showing a strong rejection from the upper resistance trendline, similar to the 2020 structure. However, just as ETH recovered and initiated a long-term breakout post-2020, analysts believe the current cycle is set for a similar move, with $10,000 potentially in sight. “Ethereum recent capitulation candle reminds me of March 2020. A major dump, which resulted in long-term structure breakout for Ethereum. People thought $ETH was over, and then it started to bounce back. I guess we’re about to see history repeating itself. $10K ETH is programmed this cycle” — the analyst noted. More bullish projections Further supporting the bullish outlook, an analyst with the pseudonym MikybullCrypto has identified a TD Sequential buy signal on Ethereum’s chart, a widely watched technical indicator known for spotting trend reversals. https://twitter.com/MikybullCrypto/status/1888827244287541440 The signal suggests that ETH may be on the verge of a strong bounce, further strengthening the case for a shift in momentum. At the same time, an analysis by Titan of Crypto points to a striking resemblance between Ethereum’s current price action and Bitcoin’s ( BTC ) trajectory just before its explosive breakout in the previous bull run. As reported by Finbold, this historical parallel strengthens the case for Ethereum following a similar path, reinforcing optimism for a sustained move higher. Institutional investors bet big on Ethereum Institutional demand for Ethereum is also surging. According to CoinShares ’ report on February 10, Ethereum exchange-traded products (ETPs) absorbed $793 million in inflows over the past trading week, outpacing Bitcoin’s $407 million for the first time this year. The sharp increase in inflows, representing a 95% lead over Bitcoin, indicates that institutional investors are aggressively accumulating ETH, particularly following its recent dip near $2,100, a classic buy-on-weakness trend. Adding to the growing market interest, Eric Trump’s recent endorsement of Ethereum has fueled renewed speculation, particularly among retail investors. While such endorsements do not directly impact Ethereum’s fundamentals, they often contribute to short-term buying momentum, further supporting ETH’s recovery. What’s next for Ethereum? At press time, Ethereum is trading at $2,678.44, up 1.95% on the day. Ethereum one-day price chart. Source: Finbold With technical indicators aligning, institutional inflows accelerating, and historical patterns reinforcing a bullish outlook, Ethereum appears poised for a major breakout this cycle, potentially paving the way for new highs. Featured image via Shutterstock The post Here’s why analysts think Ethereum’s $10,000 breakout is ‘programmed this cycle’ appeared first on Finbold . Kraken Blog
