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Jesse Powell: "I'm still hoping to buy a Bugatti for one Bitcoin"

Powell-still-hoping-to-buy-a-Bugatti-for-one-BTC Jesse Powell | Kraken CEO

Kraken CEO Jesse Powell said he remains bullish on Bitcoin. He still hopes to buy a Bugatti luxury car for 1 BTC. In an interview with Bloomberg Exclusive, Jesse Powell said he would not oppose Bitcoin despite the fact that his BTC predictions last year fell short.

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Jesse Powell: regulation can do a lot of harm to the cryptocurrency industry

Jesse-Powell-regulation-can-do-a-lot-of-harm Jesse Powell | CEO of cryptocurrency exchange Kraken

The CEO of cryptocurrency exchange Kraken Jesse Powell believes that US regulators may try to "repress" the digital asset industry. In an interview on CNBC, Powell said that the growth of the cryptocurrency market is attracting a lot of attention, including from regulators. 

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Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

influx-of-investments-will-bring-Bitcoin-to--350000 Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

Researchers at the Kraken cryptocurrency exchange believe that part of the inheritance received by the millennials and generation X will be invested in Bitcoin and this will bring its rate to $ 350,000 by 2044.

In the report "Inheriting USDs & Acquiring BTCs: How 'The Great Wealth Transfer' Will Fuel 'The Great Bitcoin Adoption,'" analysts note that at the moment, young representatives of wealthy families in America alone can inherit about $ 70 trillion. If they allocate at least 5% of the inheritance received, then more than $ 971 billion will be invested in Bitcoin.

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Jesse Powell: This time, Bitcoin could grow to $ 100,000 and even to $ 1 million

Jesse-Powell-Bitcoin-could-grow-to--100000 Jesse Powell | General director of Kraken

Jesse Powell, general director of the Kraken cryptocurrency exchange, is extremely optimistic about the further increase in the price of Bitcoin.

"When I hear people talking about a Bitcoin "correction" I'm thinking $100k, maybe $1m. That's what's correct," he writes on his Twitter account.

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Kraken Cryptocurrency Exchange

Kraken-Cryptocurrency-Exchange Kraken Cryptocurrency Exchange

Currently, 59 currency pairs are traded on Kraken. Commission for operations depends on the pair and volume of the transaction and for most pairs does not exceed 0.26%. It is allowed to deposit and withdraw funds with the help of a crypto-currency purse, or by bank transfer. To start any operations, you need to verify your account: for trading, as well as entering or withdrawing funds from cryptotices, it is enough to specify personal data, you need to provide copies of documents to use the bank transfer. The daily limit of withdrawal of funds in fiat money is 25 thousand dollars, for crypto-currency is the equivalent of 50 thousand dollars.

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