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Tag Archives: kraken

Bitcoin Price to $90,000, Ethereum to $15,000 if History Repeats: Kraken Report

Bitcoin and Ethereum have entered their second-most bullish month and could continue their respective runs with new highs by the end of it, reads Kraken’s monthly report. However, the paper outlined a potential $10,000 price drop for the primary cryptocurrency if history is to repeat itself before heading north again. BTC and ETH: The Bull Side Overall, March was a positive month for the cryptocurrency market, with the two largest digital assets, namely BTC and ETH,...

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Following Coinbase, Kraken Will Issue Public Stock

It sounds like everyone is learning from Coinbase. The popular cryptocurrency exchange in San Francisco, California, announced last year that it was getting ready to go public. The trading platform will begin trading on the Nasdaq next week on April 14, and now it looks like Kraken is going to follow suit. Kraken Is Heading Down the Coinbase Road Kraken is another large cryptocurrency exchange. Also stationed in northern California, it is a direct competitor to Coinbase, though it claims it...

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Coinbase Rival Kraken Considers Going Public in 2022

Another major US-based cryptocurrency exchange is reportedly considering going public. Kraken revealed record-breaking Q1 numbers and is also planning an IPO – following in the footsteps of Coinbase. Coinbase is the first major US-based cryptocurrency exchange that will see its IPO later this month. As CryptoPotato reported, the company will have its shares listed on Nasdaq on April 14th. However, Coinbase isn’t the only one. According to a CNBC release, Kraken is also...

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Jesse Powell Sees a $1 Million Price for BTC Next Year

Jesse Powell – the CEO of Kraken, a popular cryptocurrency exchange based in San Francisco, CA – has suggested that bitcoin could hit a price of $1 million per unit by the year 2022. Jesse Powell: BTC Will Be $1 Million in 2022 Bitcoin has been doing extremely well as of late. The world’s number one digital currency by market cap has made a real name for itself in the finance industry over the past six months. There are many companies that are now willing to accept the...

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The Coinbase Filing Ain’t Great According to Some

One of the big stories in the crypto industry as of late is that Coinbase, one of the largest and most popular cryptocurrency exchanges in the United States, is going public. The trading platform confirmed its decision to file for a public offering late last year, and that offering could come to fruition as early as within the next few weeks. The Coinbase Filing Is Set to Occur Soon Everyone appears to be happy. Everyone seems to think that the move is going to place...

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Jesse Powell: BTC Will Be the Currency of the World

Kraken CEO Jesse Powell is taking a page out of Jack Dorsey’s book and claiming that bitcoin will some day be a global currency. Jesse Powell: BTC Will Beat All Fiat Back in 2018, the CEO of both social media giant Twitter and payments company Square claimed that bitcoin would be a global currency. Rather, he stated that it would be the world’s only currency within ten years, and that it would replace all known forms of fiat. While bitcoin hasn’t quite reached this level...

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Bitcoin Price to $1 Million in 10 Years ‘Very Reasonable’ Says Kraken CEO

With bitcoin currently enjoying a near 70% YTD increase, bullish predictions see the asset topping into a six or even seven-digit territory in the following decade. These projections came recently from Kraken’s CEO, Jesse Powell, and the Managing Director of Magnetic, William Quigley.Bitcoin to $150K in the Next YearFounded in 2010, Magnetic is an investment firm with a pro-cryptocurrency approach, having allocated funds in the industry as well. In a CNN appearance, the company’s Managing...

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Kraken to Double its Valuation to $10 Billion via Funding Round

The veteran US-based cryptocurrency exchange Kraken is reportedly in talks to raise more than $5 billion and double its valuation to over $10 billion. Some of the giant names potentially participating in the latest funding round include Fidelity, General Atlantic, and Tribe Capital.Kraken to Increase its Valuation to $10B?Based in San Francisco, California, Kraken is among the oldest cryptocurrency exchange with nearly ten years of experience. The company could be on its way to more than...

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Cheap ETH: Ethereum Flash-Crashed 63% To $700 On Kraken Exchange

Today’s correction has been the biggest one we’ve seen in quite some time, reminding many that ‘up only’ isn’t always true. While most cryptocurrencies saw serious declines, but Ethereum’s price on Kraken’s exchange definitely went through a roller coaster.Ethereum Flash-Crashes to $700 on KrakenKraken is one of the leading US-based cryptocurrency exchanges, and it even received a banking charter from the Wyoming Banking Board.This, however, played a little role today as its platform saw...

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Binance, Kraken, and Bittrex Experienced Technical Issues Amid Bitcoin Rollercoaster

After another day that reminded of the volatility in the cryptocurrency market, Binance has experienced technical difficulties that resulted in temporarily halting withdrawals. Nevertheless, the leading exchange reassured its customers that all funds are safe and later announced it had resolved the problem.CryptoPotato reported earlier that BTC, as well as most alternative coins, skyrocketed in a matter of minutes after Tesla’s CEO Elon Musk updated his Twitter profile to include only...

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