Kraken's FIFA partnership signals renewed crypto-sports synergy, potentially boosting market activity amid a cautious yet expanding landscape.
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FIFA's framework may lead to more standardized contracts, potentially reducing transfer disputes and altering club negotiation strategies.
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FIFPro's new veto power and observer status could reshape football governance, enhancing player welfare but risking leverage post-2031.
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Infantino's defense highlights the tension between global sports events and national policies, raising questions about accessibility and inclusivity.
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XRP price started a downside correction below the $1.150 zone. The price is now showing bearish signs and might decline further below $1.080. XRP price started a downside correction after it failed to stay above the $1.1550 zone. The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.1350. XRP Price Turns Red XRP price struggled to stay above $1.1550 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.150 and $1.1420 levels. The price even traded below the 50% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high. However, the bulls are currently protecting the $1.10 support zone. Besides, there is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair. The price is now
Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $1,680 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,665 and $1,650 levels. The price even tested the 50% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. However, the bulls were active near the $1,610 level. Besides, there is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,650 and the 100-hourly Simpl
Kraken's World Cup sponsorship highlights crypto's growing mainstream presence, potentially boosting global adoption and market engagement.
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Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support Bitcoin price failed to stay above the $63,500 support zone. BTC remained in a bearish zone and extended losses below the $63,200 level. There was a move below the $62,500 level. The price even dipped below $61,200. A low was formed at $60,746 and the price is still showing many bearish signs. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. Bitcoin is now trading below $62,500 and t
Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup Three whale addresses — two of them freshly created wallets with no prior transaction history — have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of