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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.
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.
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.
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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