Kraken Launches Europe’s Largest Regulated Crypto Derivatives Platform
Kraken has unveiled the largest regulated crypto derivatives platform in Europe, marking a significant milestone in the region’s digital asset market. Operating under the EU’s MiFID II framework, the platform offers perpetual and fixed maturity contracts across the European Economic Area (EEA). This expansion reinforces Kraken’s position as a leading player in the crypto exchange space and could potentially reshape the market dynamics in Europe.
Kraken Unveils Europe’s Largest Regulated Crypto Derivatives Platform – Will It Reshape the Market?
Kraken has launched the largest regulated crypto derivatives platform in Europe, marking a significant expansion in one of the world’s fastest-growing digital asset markets. The offering, available across the European Economic Area (EEA), operates under the EU’s MiFID II framework, providing perpetual and fixed maturity contracts.
The MOVE solidifies Kraken’s position as a leading provider of compliant crypto derivatives in Europe. This development underscores the increasing demand for regulated digital asset trading solutions in the region.
Ethereum Holds Steady at $2,500 Amid Mixed Market Signals
Ethereum (ETH) maintained its position above $2,500 despite mounting selling pressure from both short-term and long-term holders. The resilience appears driven by counterbalancing institutional and whale accumulation, neutralizing distribution effects.
Market sentiment briefly wavered after ethereum co-founder Jeffrey Wilcke transferred his entire ETH holdings to Kraken. Technical analysts note a potential 40% upside if ETH confirms a rounded bottom pattern—a bullish reversal formation often preceding sustained rallies.
The $2,500 level continues to serve as a psychological battleground, with on-chain data revealing intensified profit-taking NEAR this threshold. Mean Coin Age metrics for short-term holders suggest ongoing distribution, though not yet sufficient to destabilize the current equilibrium.
