Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets

This partnership could accelerate institutional adoption of blockchain, bridging traditional finance with crypto through regulated, tokenized assets. The post Kraken and Franklin Templeton partner to bring tokenized investment products onchain appeared first on Crypto Briefing.

Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its exclusive bridge infrastructure…

kBTC joins a growing list of crypto assets that have abandoned LayerZero in favor of alternative interop solutions.

Will Warren is transitioning out of his co-CEO role at 0x, the DEX protocol powering billions in monthly trading volume across Coinbase, Robinhood, Phantom, and Kraken.

Crypto exchange Kraken is the latest firm to shift away from LayerZero tech following last month's $292 million Kelp DAO exploit.

Kraken will replace LayerZero with Chainlink CCIP as exclusive cross chain infrastructure for kBTC and future wrapped assets. The post Kraken replaces LayerZero with Chainlink CCIP to secure kBTC and wrapped assets appeared first on Crypto Briefing.

XRP price extended losses and traded below $1.450. The price is now consolidating losses and faces hurdles near $1.4330 and $1.4460. XRP price started another decline and traded below the $1.440 zone. The price is now trading below $1.4350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.4520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.450. XRP Price Extends Decline XRP price failed to stay above $1.4680 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4550 and $1.450 to enter a short-term bearish zone. The price even extended losses below $1.4350. A low was formed at $1.4109, and the price is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $1.4688 swing high to the $1.4109 low. The price is now trading below $1.450 and the 100-hourly Simple Movi

The post Ethereum Price Flashes Weakness Signals, Pullback Fears Start Rising appeared on BitcoinEthereumNews.com. Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical an