Crypto Market Can Hit $1T in 2018, Kraken CEO Says

New optimistic cryptocurrency forecast; from Jesse Powell this time
13 March 2018   328

According to the CEO of Kraken, Jesse Powell, in the remaining months of 2018, crypto-currencies can retreat from the lows and begin moving towards new highs.This is reported by Smartereum

In the crypto industry, many companies have appeared, many people are involved in business with crypto-currencies, and all this can lead to the market capitalization exceeding $ 1 trillion already this year, Powell said.

And this despite the fact that some crypto-currencies are falling, the total market capitalization can only increasing in annual terms.

The current aggregate market capitalization of all crypto currencies currently stands at about $ 417 billion, but until the recent recession, capitalization has reached about $ 800 billion.

Thus, if the total market capitalization can rise only 25% of the maximum, it can actually reach $ 1 trillion.

The main problem of growth of crypto-currency is the problem of regulation. If regulatory problems are not resolved in the near future, the number of traders, as well as investors in crypto-currencies, will decrease.

It is for this reason that it is necessary to use an appropriate regulatory framework, as well as trade mechanisms, writes Smartereum.

New York Attorney General Quit, Accused by 4 Women

Eric Schneiderman is known in cryptocurrency world as a person that send request to 13 cryptocurrency exchanges
08 May 2018   370

The Attorney General of New York State and the well-known opponent of the Trump Administration, Eric Schneiderman, left his, after The New Yorker reported that he was accused of attacking four women. This writes The New York Times.

It’s been my great honor and privilege to serve as attorney general for the people of the State of New York. In the last several hours, serious allegations, which I strongly contest, have been made against me. While these allegations are unrelated to my professional conduct or the operations of the office, they will effectively prevent me from leading the office’s work at this critical time. I therefore resign my office, effective at the close of business on May 8, 2018.
 

Eric Schneiderman

Ex Attornet General, New York

As reported by The New Yorker, two women said that Schneiderman strangled and beat them from time to time; they had to seek medical help. The third alleged victim reported that he "released her cruel slaps." The fourth shared similar experiences.

All victims were with Schneiderman in a romantic relationship and said that he showed cruelty in their attitude without mutual consent.

In mid-April, Schneiderman sent inquiries to 13 exchanges of cryptocurrencies and asked them to fill out a questionnaire that required information on "operations, the use of trading bots, conflicts of interest, work stops and other key points."

Many exchanges supported the initiative of the prosecutor, and Coinbase even disclosed some of the information in public. At the same time, the Kraken exchange refused to respond to the request, arguing that it was unwilling to support inadequate regulation of the New York-based cryptocurrency area.