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Kraken introduces it's new and improved Pro trading interface! [FREE POST]

Kraken introduces it's new and improved Pro trading interface! [FREE POST]

Catering to the needs of both advanced professional traders and beginners in the crypto space. The Kraken Pro web trading interface integrates spot, margin trading, staking, and portfolio management in a seamless, modern UI.

Key features include:

  1. A sleek and modern UI design, offering a visually appealing trading experience.
  2. Highly customizable and scalable front-end, allowing users to adjust and design their ideal trading layout with optional modules, tabs, and pop-outs for efficient screen usage.
  3. A more powerful platform leveraging Kraken's infrastructure improvements and websocket architecture, providing real-time web trading capabilities.
  4. A standalone platform for advanced traders, enabling portfolio tracking, fund management, security settings, and API key administration from one place.

The upgrade marks a significant step forward in Kraken's commitment to offering a faster, better, and more user-friendly trading experience. Despite the improvements, Kraken remains consistent with its industry-leading liquidity, world-class security, transparency, and 24/7 global support. Additionally, they have introduced faster and low-cost funding methods like Plaid, ACH, and Bitcoin Lightning Network for global support.

The new Kraken Pro aims to revolutionize the trading experience and sets the foundation for further additions of products and services in the coming months.

BlackRock would bet on Bitcoin?

Everybody's curious about one thing: what constitutes the perfect portfolio? To address this question, three analysts affiliated with BlackRock embarked on a study to unravel the answer. It's worth noting that the study took place in August '22, but it has gained significant attention within the crypto community lately.

The study's findings revealed the most favorable balance between risk and reward in a portfolio. And the winning combination is...

  • 84.9% invested in BTC (Bitcoin)
  • 9.06% allocated to stocks
  • 6.04% designated for bonds

Yes, you read that right! According to analysts employed by the world's largest asset manager, Bitcoin emerges as the optimal investment choice.

The crowd bursts into excitement.

Interestingly, discussions surrounding Bitcoin have been echoing through the halls of BlackRock HQ lately. The asset management giant, with its $9 trillion in assets, has even submitted an application for a Bitcoin ETF. Furthermore, Larry Fink, the CEO, has been on a Bitcoin Media Tour, passionately advocating for its potential.

Hold on tight, as BlackRock's involvement may singlehandedly revitalize the crypto market.

Sotheby’s Embraces NFTs with On-Chain Gen Art Program

Sotheby's has launched the on-chain Gen Art Program, a groundbreaking initiative recording NFT sales on the Ethereum network. The program features 500 exclusive generative artworks by Vera Molnár, highlighting the integration of letters as abstract forms and disorders.

This marks a significant milestone as Sotheby's first digital art auctions held entirely on the blockchain, with all sales made in ETH. The transition to a fully on-chain metaverse in May demonstrates their commitment to exploring on-chain sale options.

The Gen Art Program introduces a Dutch auction model, starting with high prices and gradually reducing, with the first offer securing the lot. Sotheby's sees this as introducing new auction psychology, setting the ceiling price for works in the Molnár sale at 20 ETH.

The success of Art Blocks' partnerships and Sotheby's NFT sales paved the way for this launch. The art world's growing appreciation for generative art has shifted the focus from technology to the artistic expression of these algorithm-created masterpieces.

Vera Molnár views this development as the culmination of years of exploring how systems and computers can produce art, showcasing the essence of the algorithm and offering a novel way to create unique art forms through controlled randomness.

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