Daily Crypto NewsEDITION #28, 17 September 2020

Kraken is a bank now!

Hey #Moni Maker 😁

Today, in 1991 Linus Torvalds published the Linux source code. Thanks to open source applications we now have access to uncensorable money and the possibility to gain financial sovereignty. Our job now is to keep our hand on the pulse and separate the scammers from the revolutionaries.

Let’s go!

Ok, so yesterday Kraken published an announcement saying that the cryptocurrency exchange has received approval to create the first U.S. bank. Not just a bank, but a cryptocurrency bank! Customers will be able to use comprehensive services for deposit taking and storage of funds, as well as fiduciary services with digital assets.

"We are pleased to announce that the state of Wyoming has approved Kraken's application to create the world's first special purpose depository institution (SPDI). The office is called Kraken Financial," – happily announced Kraken.

And that's not all! The exchange will use the online and mobile banking model. Of course, it’s a great step for dear customers to shield them from any type of discomfort.

So what?

Apparently, the U.S. does not want to fall back into the Great Depression, so they go to Bitcoin for psychotherapy. Well, Kraken will attract even more cryptocurrency followers.

But! Guys... Watch out for the bank routine. After all, stay alert to not join evil instead of fighting it...

So what?

So you shouldn't listen to anyone.

But Willy Woo is a respected man. Anyway, to listen or not to listen is only your choice.

Attention! Bakkt platform has set a new record in terms of physically delivered bitcoin futures contracts trading volume.

The record was fixed on September 15, and the figure was 15 955 BTC ($180 million), which is 36% higher than the previous one.

So what?

So nothing! Bitcoin is doing great. More and more people talk about it, invest more money, cherish it, and help it develop further.

Traders are beginning to play bigger games, but Bitcoin is only happy.

— Binance Futures will add BLZ/USDT with leverage up to 50x.