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.

Introducing FX perpetual futures

Today we’re thrilled to introduce an asset class that brings the world’s largest financial markets to Kraken Derivatives — FX perpetual futures (FX perps) . The first two perps launching at 20x leverage are EUR/USD and GBP/USD , with more forex pairs on the way soon. This offering gives you the same seamless, intuitive trading experience you’re accustomed to from our 300+ crypto perpetuals within Kraken Pro. Explore FX perps on Kraken Pro Alexia Theodorou, Kraken Head of Derivatives : “Kraken has long been one of the leading FX spot venues in crypto. By introducing FX perps, we’re capitalizing on this market-leading position by providing clients with a powerful new tool to better navigate and tailor exposure to some of the most widely traded currency markets in crypto today. This expands the number of opportunities available for Kraken clients to capture value across a wider range of asset classes, all from one platform.” What are FX perps? FX perps are perpetual contracts based on forex market indices, benchmarked to DxFeed’s Composite Forex Index . These contracts trade without expiry, enabling traders to stay engaged in the forex market, refine strategies and capture opportunities in real time. How FX perps work Real-time underlying data FX Perps update every second when the underlying forex spot market is open. Traders can make decisions based on the most up-to-date market movements. Market closure rules When the underlying forex spot market is closed, special measures maintain fairness and market integrity: Zero funding : No payouts are made if the index price becomes stale, unless more than 50% of the required premium observations are recorded within a period. Price collar restriction : Orders can only be placed within a 4% range of the last observed index price to prevent trades occurring outside reasonable market bounds. Seamless trading experience FX perps live within the Kraken Pro platform’s familiar interface. Aside from special rules during market closures, they behave just like other perpetual contracts, making it easy for both new and experienced traders to get started right away. 24/7 trading FX perp markets are open 24/7, however they reflect traditional market hours when it comes to price updates. You can place trades at any time, but the index pricing will follow the standard open and close for forex markets. Geography and market availability We’re launching FX perps in eligible markets today, with plans to expand to more geographies soon. Stay tuned as we work to bring these products to additional markets, opening up even more avenues for traders to access real-time forex opportunities. Why trade FX perps? Kraken has been ramping up its presence in the forex space, and in 2024 alone, our clients traded $5.4 billion in FX spot markets , including $3.5 billion concentrated in EUR/USD and GBP/USD pairs. With FX perps, we’re expanding the ways you can interact with these critical forex pairs, combining deep market liquidity with a user-friendly platform built for performance. Create a Kraken Pro account The post Introducing FX perpetual futures appeared first on Kraken Blog . TipRanks

---

Dogecoin price prediction as whales dump 570 million DOGE in a week

Despite its elevated position as the world’s premier meme coin, Dogecoin ( DOGE ) has been struggling in the 2025 cryptocurrency market , with the latest trend demonstrating a massive whale exodus. Specifically, large Dogecoin holders dumped a massive 570 million DOGE, worth approximately $88.8 million at press time, within a single week, as the prominent on-chain analyst Ali Martinez revealed in an April 18 X post. Whales have unloaded over 570 million #Dogecoin $DOGE in the past week! pic.twitter.com/rBhd4beokH — Ali (@ali_charts) April 18, 2025 Considering the extensive selling and the fact that Dogecoin is, with its press time price of $0.15586, 50.70% down in the year-to-date (YTD) chart, with the recent trends being, at best, of stagnation, the question of where the meme coin is headed is more than open. Technical analysis insights into Dogecoin’s next move The basic technical analysis ( TA ) indicators are, unfortunately, inconclusive for hopeful DOGE traders. The relative strength index ( RSI ), for example, reveals that the cryptocurrency is in a neutral position with a reading of 44.33. Similarly, the meme coin is roughly equidistant from both its nearest support level at $0.153 and its nearest resistance level at $0.159, though both levels indicate where investors might anticipate a breakout. Does community optimism hint at a bearish breakout for DOGE? Elsewhere, recent community analyses Finbold retrieved from the TradingView trader network paint a more bearish picture. Earlier in April, multiple members noted that Dogecoin is bouncing off a supply zone, indicating it could enjoy a bullish breakout. Despite this, DOGE had, by press time on April 18, fallen slightly below its launchpad levels above $0.157, and the more long-term charts demonstrate that the cryptocurrency’s stability has been only ephemeral since the start of 2025. If the recent patterns remain strong, Dogecoin can be expected to drop below $0.15, with the trend pushing it toward $0.14. Still, if it retains stability at its current levels, there is a strong possibility it may soar once again towards $0.17. Featured image via Shutterstock The post Dogecoin price prediction as whales dump 570 million DOGE in a week appeared first on Finbold . TipRanks