Kraken Expands Into Forex With FX Perps Debut

TheCryptoTimesPubblicato 2025-04-18Pubblicato ultima volta 2025-04-18

Kraken, a well-known cryptocurrency exchange, is broadening its offerings by introducing forex perpetual futures (FX perps).

Fx Perpetual Futures On Kraken Pro
FX Perpetual Futures on Kraken Pro, Source: X

This move marks Kraken’s foray into traditional finance, beginning with the EUR/USD and GBP/USD trading pairs, two of the most popular currency pairs in the world.

These new FX perpetual futures allow traders to wager on forex price moves with no expiry date, meaning they can hold their position permanently. Kraken provides leverage up to 20x, so users can trade with far more buying power than they currently have.

The new contracts are based on DxFeed’s Composite Forex Index, which ensures the pricing reflects the real-world forex markets. Kraken Pro users can trade these FX perps 24/7, although the prices only update in real time when the traditional forex markets are open.

Kraken’s FX perps also have protection. When the forex markets are shut and prices get stale, there are no funding payments except when sufficient price observations are made. Additionally, there are price collars so that trades will not occur too far away from the last known price to limit the risk of large price movements in times of low liquidity.

Kraken’s FX perps also come with safeguards. When the forex markets are closed and prices become stale, there are no funding payments unless enough price observations are made. Plus, there are price collars to prevent trades from happening too far from the last known price, reducing the risk of big price swings in low-liquidity periods.

This launch follows another big move from Kraken, commission-free stock and ETF trading, signaling the platform’s growing interest in traditional markets.

Kraken plans to add more forex pairs and expand FX perp access to more countries soon. For now, traders in eligible markets can try out the new FX perps on Kraken Pro, using a familiar platform while exploring a broader range of asset classes.

Also Read: Kraken Restructures Workforce to Align With IPO Goals

Letture associate

After C Ronaldo's Teary Farewell, Polymarket Stages a 'Tear Verification' Drama

After Portugal's heartbreaking 0-1 loss to Spain in the 2026 World Cup Round of 16, a poignant image of a tearful 41-year-old Cristiano Ronaldo circulated widely, marking what he confirmed was his final World Cup match. This moment sparked not just emotional headlines, but a high-stakes debate on the prediction market Polymarket. The platform had an active market on "Will Ronaldo cry at the World Cup?" Despite the apparent visual evidence, the event entered a dispute phase. Polymarket's strict settlement rules required "clearly identifiable tears" on his face within the pitch or bench area, leading traders to dissect footage—arguing whether the moisture was tears, sweat, or a reflection. With the "Yes" probability plunging below 20%, the outcome hinged on rule interpretation. However, Polymarket issued a crucial clarification, stating that qualifying photo and video evidence showed "Cristiano Ronaldo crying, with visible tears on his face" on the pitch post-match. This official ruling caused an immediate and dramatic reversal, sending the "Yes" probability soaring above 99%. The event, which saw over $22 million in volume, highlighted a potential shift in Polymarket's approach, suggesting a move towards aligning outcomes with mainstream perception when rules allow, rather than being dictated solely by technical loopholes.

Odaily星球日报2 min fa

After C Ronaldo's Teary Farewell, Polymarket Stages a 'Tear Verification' Drama

Odaily星球日报2 min fa

Here’s why Strategy’s $216M Bitcoin sale may not be bearish after all

Strategy's recent disclosure of a $216M Bitcoin sale, part of a larger $1.25B plan, did not trigger the severe market downturn some analysts feared. Instead, Bitcoin's price remained stable above $63K. Grayscale Research suggests this move could actually support BTC price stability by restoring confidence in Strategy's financial structure and helping the asset find a more durable bottom. This contrasts with the sharp drop seen in early June after a much smaller BTC sale. The firm's preferred stock (STRC) also rebounded following the announcement. While critics like Peter Schiff point to potential losses, the muted market reaction has led some analysts to view the resilience as a potential sign of a market bottom.

ambcrypto4 min fa

Here’s why Strategy’s $216M Bitcoin sale may not be bearish after all

ambcrypto4 min fa

Not Betting on Goals but on 'Tears': Polymarket Users Argue Over Ronaldo's Final World Cup Match

Title: Beyond Goals, Betting on Tears: Polymarket Users Clash Over Ronaldo's Emotional World Cup Exit On July 6, Portugal's 0-1 loss to Spain in the World Cup round of 16 marked the final tournament for Cristiano Ronaldo. The 41-year-old star's emotional reaction—red eyes, wiping his face, fighting back tears—was captured globally. Concurrently, a fierce debate erupted on the crypto prediction platform Polymarket over a specific market: "Will Ronaldo cry during the 2026 FIFA World Cup?" The market, with over $23 million in volume, saw its "YES" probability surge to 99% after the match, but the result was disputed and entered a final review phase. The core conflict centered on the market's precise rules: it required "clearly visible tears streaming down [Ronaldo's] face" in photos/videos taken on the field or bench area during Portugal's matches. While major media outlets described Ronaldo as "in tears" and footage showed him emotional, "NO" bettors argued visible tear tracks were not conclusively evident, only red eyes and dampness. Polymarket's official clarification on July 8 stated that eligible evidence existed showing Ronaldo crying with visible tears on his face post-match. The dispute now goes to a UMA oracle community vote for resolution. This incident highlights a recurring challenge for prediction markets: they excel with quantifiable events but can spark major controversies over subjective, visual, or emotional interpretations. It also serves as a reminder for participants to scrutinize rule wording meticulously, not rely on general perception. Ultimately, such high-profile disputes drive significant trading volume and attention for the platform.

Foresight News56 min fa

Not Betting on Goals but on 'Tears': Polymarket Users Argue Over Ronaldo's Final World Cup Match

Foresight News56 min fa

DeepSeek Secretly Builds AI Chip, Specializing in Inference, Project Started a Year Ago with No Public Recruitments

DeepSeek, the Chinese AI company known for its algorithmic models, is secretly developing its own AI chip to reduce dependence on Nvidia, according to a Reuters report. The chip is designed specifically for AI inference, not training, and the project began approximately a year ago. Currently in early stages, DeepSeek is reportedly in discussions with chip design firms, foundries, and memory suppliers. The company, historically focused on algorithmic efficiency, has been discreetly hiring chip design engineers without public job postings. This move aligns with a global trend where major AI model companies like OpenAI and Anthropic are also pursuing custom chip development. DeepSeek founder Liang Wenfeng previously highlighted chip shortages as a challenge. While the company initially trained models on Nvidia H800s and later adapted to Huawei's Ascend chips, it now seeks greater control over its hardware foundation. Designing a competitive AI chip is a significant challenge, requiring years and substantial investment with no guarantee of success. However, DeepSeek's efforts are backed by a recent major funding round of approximately 51 billion RMB (about $7.4 billion) raised in June 2026. The funds are designated for expanding data centers based on domestic chips, developing proprietary AI chips, and recruiting top global talent. Infrastructure plans are also advancing, with job postings for data center design engineers, including projects in locations like Ulanqab, Inner Mongolia. The company remains characteristically low-key, with sources speaking anonymously and no official comment from DeepSeek itself. Nevertheless, this initiative marks a strategic expansion from software algorithms into the hardware layer that powers its AI systems.

marsbit1 h fa

DeepSeek Secretly Builds AI Chip, Specializing in Inference, Project Started a Year Ago with No Public Recruitments

marsbit1 h fa

Bitcoin: BTC loses half its value, yet THIS metric shows quiet accumulation

Bitcoin has lost over half its value since its October 2025 peak, currently trading in a $58,000-$63,000 range. The decline was driven by geopolitical tensions causing capital outflows. Despite this, on-chain data shows quiet accumulation, with apparent demand improving from -275,000 to -75,000 BTC over 30 days, though it remains negative. Technical analysis indicates limited downside, with price finding support at the Bollinger Bands lower band, but the MACD suggests further consolidation is likely. The Bitcoin Season Index reads 52, indicating no euphoric rally, and exchange reserves are declining, pointing to reduced selling pressure. Overall, the market shows signs of accumulation but not a confirmed bullish reversal, warranting a cautious outlook.

ambcrypto1 h fa

Bitcoin: BTC loses half its value, yet THIS metric shows quiet accumulation

ambcrypto1 h fa

Trading

Spot
活动图片