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Top News In கிரேஸ்கேல் பிட்காயின் முதலீடு நம்பிக்கை Today - Breaking & Trending Today

Where Bitcoin Headed Next Depends On Stock Market? So Says Crypto Big Shot Barry Silbert


Digital Currency Group CEO Barry Silbert said Sunday on social media that the direction of the cryptocurrency market will be determined by the stock market in the near future.
What Happened: “Where the crypto market goes from here is completely dependent on the stock market over the next couple weeks,” Silbert tweeted.
On Sunday, major cryptocurrencies plummeted after Huobi, a major cryptocurrency exchange, said it had “scaled back or suspended some of its services and products in certain countries and has stopped its miner hosting services in mainland China.
Silbert termed the recent cryptocurrency meltdown “healthy.”
Lot of crypto traders just became long term investors. This is healthy ....

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($BTC) - Kraken CEO Says Bitcoin Hitting $1M In 10 Years 'Very Reasonable'


Why It Matters: Kraken is currently the second most dominant U.S based cryptocurrency exchange after Coinbase.
Last year, the crypto exchange was granted a banking license by the state of Wyoming, making it the first cryptocurrency exchange to be granted a license of this nature.
In a recent blog post, Kraken revealed that it is currently gearing up to launch Kraken Bank with David Kinitsky as the CEO of its new venture.
Kinitsky has worked at Fidelity, Circle, and took the lead in setting up Grayscale, structuring its first and flagship product – the Grayscale Bitcoin Investment Trust, which now has over $33 billion in assets under management. ....

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