8 expert predictions ahead of Coinbase's hotly anticipated IPO

Coinbase Co-founder and CEO Brian Armstrong speaks onstage during Day 3 of TechCrunch Disrupt SF 2018 at Moscone Center on September 7, 2018 in San Francisco, California. Photo by Steve Jennings/Getty Images for TechCrunch Coinbase is set to go public via direct listing on April 14. Many view it as a significant milestone for the cryptocurrency space. Insider compiled views from eight experts on what it could mean for the rapidly growing digital currency market. Sign up here for our daily ...
Tags: Markets, MI Exclusive, Cryptocurrency, Cryptocurrencies, Bitcoin, Coinbase, Coinbase Direct Listing, Coinbase stock, NASDAQ, IPO, Nasdaq Ipo

Kraken crypto exchange CEO says a global regulatory crackdown could happen as adoption of digital coins grows

The bitcoin price has soared in 2021 SOPA/Getty Images Jesse Powell, CEO of crypto exchange Kraken, said governments might crack down on cryptocurrencies. He told CNBC he does not think regulations around crypto will be clear-cut anytime soon. Powell said he was concerned about tighter US regulations - something the government has debated. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Kraken crypto exchange CEO Jesse Powell said a global regulatory crackdown on ...
Tags: South Korea, China, India, US, Trends, Federal Reserve, Cnbc, Securities And Exchange Commission, Kraken, Powell, Jerome Powell, Jesse Powell, Hester Pierce, In March Federal Reserve, Sophie Kiderlin, Opening Bell Kraken

Kraken CEO Warns a Crackdown On Cryptocurrencies May Be Coming

Jess Powell, CEO of Kraken, the world's fourth-largest digital currency exchange, warns that governments around the world may start to clamp down on the use of bitcoin and cryptocurrencies. CNBC reports: "I think there could be some crackdown," Jesse Powell, CEO of Kraken, told CNBC in an interview. Cryptocurrencies have surged in value lately, with bitcoin hitting a record high price of more than $61,000 last month. The world's most valuable digital coin was last trading at around $60,105. [......
Tags: China, Tech, Cnbc, Kraken, Powell, Jesse Powell, Jess Powell

NHL trade deadline: Ducks seek to continue rebuild

General manager Bob Murray wants to make a deal, and maybe a lot of deals. He wants to continue overhauling the Ducks’ roster and Monday’s trade deadline is the next chance to do something about it. Or to be precise, he needs to continue overhauling the roster and the deadline is the next chance to do something about it. The Ducks hoped this would be the season they started their course correction, perhaps challenging for a playoff spot after missing out for consecutive seasons. However, a third...
Tags: Sport, Soccer, Leo, NHL, Ducks, Murray, Henry, Kraken, Patrik Laine, Ryan Miller, Theodore, Honda Center, Ryan Getzlaf, Columbus Blue Jackets, Winnipeg Jets, Shea Theodore

8 expert predictions ahead of Coinbase's hotly anticipated IPO next week

Reuters Coinbase is set to go public via direct listing on April 14. Many view it as a significant milestone for the cryptocurrency space. Insider compiled views from eight experts on what it could mean for rapidly growing digital currency market. Sign up here for our daily newsletter, 10 Things Before the Opening Bell Coinbase's debut on the Nasdaq on April 14 has been eagerly awaited, especially by cryptocurrency bulls who view the listing as a milestone for the digital currency eco...
Tags: Hong Kong, Ipo, US, Trends, Markets, Bitcoin, Crypto, Nasdaq, Cryptocurrencies, Coinbase, Cryptocurrency, James Anderson, Kraken, Davidson, CME Group, NASDAQ IPO

US stocks close at record highs as investors shrug off inflation concerns

Xinhua/Wang Ying/Getty Images US stocks were mixed on Friday after higher-than-expected inflation data sparked a rally in interest rates.The producer price index rose 1% in March, and saw a year-over-year surge of 4.2%.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks closed at record highs on Friday as investors shrugged off concerns of a jump in inflation, as the release of producer price index data for the month of March showed a jump of 1%, and a year-o...
Tags: US, Trends, Markets, Stocks, US Treasury, Stock Market, S&P 500, Dow Jones Industrial Average, Fed, Christie, Kraken, NFT, Jerome Powell, Matthew Fox, Stock Market News, Nasdaq 100

US stocks mixed as higher-than-expected inflation data spurs concern over reopening

Drew Angerer/Getty Images US stocks were mixed on Friday after higher-than-expected inflation data sparked a rally in interest rates.The producer price index rose 1% in March, and saw a year-over-year surge of 4.2%.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were mixed on Friday following the release of producer price index data for the month of March, which showed a jump of 1%, and a year-over-year increase of 4.2%.The higher-than-expected inflation ...
Tags: Finance, US, Trends, Markets, Inflation, US Treasury, Stock Market, S&P 500, Dow Jones Industrial Average, Christie, Kraken, NFT, Matthew Fox, Stock Market News, Nasdaq 100, Stock market news today

Coinbase rival Kraken could go public next year after a surge in bitcoin trading volumes

Kraken co-founder and CEO, Jesse Powell. Kraken Bitcoin Exchange/YouTube California-based Kraken could go public next year after seeing an explosion in bitcoin trading volume.It's considering a stock market debut via a direct listing, rather than a traditional IPO.Coinbase is set to go public on April 14 at an expected valuation of $100 billion.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Kraken is considering a stock market listing next year after the crypto...
Tags: Spotify, US, Trends, Coinbase, Cnbc, Kraken, Powell, Jesse Powell, Coinbase Kraken, Shalini Nagarajan, Kraken Bitcoin Exchange YouTube California, Opening Bell Kraken

Wall Street's cloud ambitions brighten

Lucky-photographer/Shutterstock Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Nasdaq and Intel announced a partnership that could prove key in wider adoption of the public cloud on Wall Street.The IRS is targeting crypto traders it believes are avoiding paying taxes on their gains.Red-hot fintech Stripe just nabbed a 20-year Goldman Sachs vet. If you're not yet a subscriber, you can sign up here to get your daily dos...
Tags: Trends, Intel, Getty Images, Ohio, Silicon Valley, Goldman Sachs, Goldman, Irs, Kraken, Dan DeFrancesco, Rafael Henrique, Dado Ruvic Reuters, Dan DeFrancesco Jordan Parker Erb, Kraken and Circle, Sujatha Srinivasan, Greensill Losses Bloomberg

9% of US teens say they have traded cryptocurrencies - and 81% of those are male, a Piper Sandler survey finds

A growing number of institutions are warming to bitcoin. NurPhoto/Getty Images 9% of US teens claim they've traded cryptocurrencies, according to a Piper Sandler survey. 81% of those teens who trade crypto were males. Most crypto exchanges require investors to be 18 or older to open an account. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. A small fraction of US teens have traded cryptocurrencies, according to a new survey from Piper Sandler. In a recent st...
Tags: Apple, US, Trends, Markets, Crypto, Coinbase, Kraken, Piper Sandler, Emily Graffeo, Cryptocurrency Analysis, MI Exclusive, Bitcoin Retail Activity, Bitcoin Teen, Teen Cryptocurrency Investing, How To Buy Bitcoin

Argo Blockchain and DMG look to mint first-ever 'green bitcoin' with launch of clean energy mining operation

The bitcoin price has soared in 2021 NurPhoto/Getty Images DMG Blockchain Solutions and Argo Blockchain are launching the world's first bitcoin mining pool powered by clean energy. The launch of "Terra Pool" comes amid increasing backlash on the immense energy used to mine bitcoin. Terra Pool will initially consist of both DMG's and Argo's hashrate, the announcement said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell Cryptocurrency firms DMG Blockchai...
Tags: Australia, US, Trends, Markets, Bank Of America, Bitcoin, Cambridge, Cryptocurrencies, Argo, American Airlines, Kraken, Dmg, Bitcoin mining, Argo Blockchain, Isabelle Lee, BTC price

Global central banks are pressing ahead with testing digital currencies, with China leading the way

The People's Bank of China has proposed global rules for digital currencies Jason Lee/Reuters Global central banks are increasingly looking at creating digital currencies, with China in the lead.The Bank of Japan's digital currency committee held its first meeting, while China proposed global rules.Some analysts have said central bank-backed digital currencies threaten bitcoin, but others say the two aren't linked.Sign up here for our daily newsletter, 10 Things Before the Openi...
Tags: Facebook, Japan, China, Global, Trends, European Central Bank, Bis, Reuters, Kraken, People s Bank of China, Bank of Japan, Bank of China, Federal Reserve the Bank of England, Harry Robertson, Miha Grcar, CBDC

Razer launches the Kraken V3 X, a new $70 gaming headset

Razer's Kraken V3 X headset boasts new drivers, improved RGB, and better comfort.
Tags: Gaming, Trends, Computing, Headset, Razer, Gaming Headset, Kraken, Kraken V3 X

Sidney Powell Asks Court To Dismiss Defamation Lawsuit Because She Was Just Engaging In Heated Hyperbole... Even When She Was Filing Lawsuits (techdirt)

In January, Dominion Voting Systems sued former Trump lawyer Sidney Powell for defamation. The voting machine maker claimed the self-titled "Kraken" was full of shit -- and knowingly so -- when she opined (and litigated!) that Dominion had ties to the corrupt Venezuelan government and that it had rigged the election against Donald Trump by changing votes or whatever (Powell's assertions and legal filings were based on the statements of armchair experts and conspiracy theorists). Sidney Powell ...
Tags: News, Fox News, Michigan, Donald Trump, Trump, Kraken, Sidney Powell, Powell, Tim Cushing, Dominion, Dominion Voting Systems, N Y Times Co

3 bitcoin-mining experts explain why concerns around the cryptocurrency's massive energy consumption are overblown

Bitcoin mining uses vast amounts of electricity Olga Maltseva/Getty Images Bitcoin's recent rally has reignited fears that mining the coin is harmful to the environment, because of the among of energy required.But cryptocurrency experts argue that concerns about bitcoin's energy consumption have been taken out of context. Miners say they're increasingly moving towards using renewable energy, but data supporting the extent of that is unclear.Sign up here for our daily newsletter,...
Tags: China, US, Trends, Markets, Bitcoin, Canada, Chile, Crypto, University of Cambridge, Cryptocurrencies, Cryptocurrency, Kraken, Norway Sweden, Bitcoin mining, Bitcoin energy, Cryptocurrency Mining

Struggling Young Players for Kraken to Target in the Expansion Draft

With the expansion draft looming in only a few short months, the Seattle Kraken have a lot of decisions left to make. While Seattle gears up to make their selections, ... Read more Struggling Young Players for Kraken to Target in the Expansion Draft
Tags: Sport, Hockey, Seattle, Kraken, Jake Bean, Haydn Fleury, Victor Mete, NHL Expansion, Seattle Kraken, Nicolas Aube-Kubel

Bitcoin is not overbought and could reach $75,000 before the current bull market ends, research from Kraken says

Citi said bitcoin is at a "tipping point." NurPhoto/Getty Images Bitcoin is not yet in "overbought" territory and could reach $75,000 before the current bull cycle ends, Kraken says. According to historical price movements of bitcoin, the first quarter of 2021 could be met with massive gains for the token. Bitcoin is up 62% year-to-date as of Friday as it hovers just below $48,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bitcoin could gain much higher before...
Tags: Trends, Markets, Bloomberg, Btc, Citi, Kraken, Michael Burry, Jesse Powell, Bitcoin bubble, Emily Graffeo, Bitcoin Price Target, BTC price target, BTC price today, Bitcoin price analysis, MI Exclusive, Bitcoin Bull Market

10 things you need to know before the opening bell

Spencer Platt/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Sign up for Insider Investing for your weekly markets analysis.1. Global stocks tumble as rising bond yields worry investors. See what markets are doing today.2. A $1 million price target for bitcoin is 'very reasonable,' Kraken's CEO said. The digital asset is going to the moon, Mars, and eventually will be the world's currency, according to Jesse Powell.3. C...
Tags: Global, US, Trends, Markets, Opec, Ubs, Mars, Morgan Stanley, Jpmorgan, Kraken, SPAC, Carson Block, Jerome Powell, Jesse Powell, Cathie Wood, 10 Things Before Opening Bell

Bitcoin will eventually be a global currency - and a $1 million price target within the next 10 years is 'very reasonable,' Kraken CEO says

Artur Widak/NurPhoto via Getty Images Bitcoin is going to the Moon, Mars, and eventually will be the world's currency, Kraken's CEO said."I think a million dollars as a price target within the next 10 years is very reasonable."The price of bitcoin is up 70% year-to-date.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bitcoin will eventually be the world's currency because "you have to think it's going to infinity," Jesse Powell, CEO of cryptocurrency trading exchan...
Tags: San Francisco, Trends, Bloomberg, Mars, Securities And Exchange Commission, Gensler, Kraken, Powell, Gary Gensler, Moon Mars, Jesse Powell, Artur Widak NurPhoto, Shalini Nagarajan, Getty Images Bitcoin

Some local GOP leaders fire up base with conspiracies

By Garance Burke, Martha Mendoza, Juliet Linderman and Larry Fenn | Associated Press A faction of local, county and state Republican officials is pushing lies, misinformation and conspiracy theories that echo those that helped inspire the violent U.S. Capitol siege, online messaging that is spreading quickly through GOP ranks fueled by algorithms that boost extreme content. The Associated Press reviewed public and private social media accounts of nearly 1,000 federal, state, and local elected an...
Tags: Facebook, Post, Politics, Texas, News, Supreme Court, Minneapolis, Republicans, Washington, Senate, Virginia, US, Beck, America, Atlanta, Sport

Outage at the Fed Delays Bank Wire Transfers, Affecting Crypto Exchanges - CoinDesk

Cryptocurrency exchanges Gemini and Kraken reported delays in automated clearing house and FedWire transactions due to the outage.
Tags: Kraken

The Kraken rum hires Eleven as AOR after ‘creative sprint’

The San Francisco shop takes on the fast-rising rum brand known for its sea creature imagery.
Tags: Advertising, San Francisco, Kraken

Ether's massive sell-off could have been a 'single whale' dumping his life savings, Kraken CEO says

: A photo illustration of the digital Cryptocurrency, Ethereum, is seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong/S3studio/Getty Images The massive selloff in ether witnessed by investors on Monday was not an error, CEO of cryptocurrency exchange Kraken, said.  Instead, "it could be that a single whale just decided to dump his life savings." For roughly one minute, the price of the cryptocurrency plunged to around $700, from $1,628.82 just moments before. Sign ...
Tags: Trends, Markets, Bloomberg, Bitcoin, Delta, Ethereum, Cryptocurrency, Kraken, ETH, Powell, HONG KONG Hong Kong, Jesse Powell, Ether, Digital Token, Isabelle Lee, Yu Chun Christopher Wong

How to find and kill the Kraken in Sea of Thieves

Here's everything you need to know for you and your crew to survive an encounter with the deadly Kraken in Sea of Thieves -- and even win some loot in battle.
Tags: Gaming, Video Games, Trends, How-to, Rare, Kraken, Sea of Thieves

A lawyer who filed Sidney Powell's Michigan election lawsuit says he shouldn't be disbarred and was just 'holding the fort' for her

Sidney Powell, attorney for President Donald Trump, conducts a news conference at the Republican National Committee on lawsuits regarding the outcome of the 2020 presidential election on Thursday, November 19, 2020 Tom Williams/CQ-Roll Call, Inc via Getty Images Attorney Greg Rohl was instrumental in helping Sidney Powell file her Michigan election lawsuit. Michigan's governor and other elected officials are attempting to disbar Rohl as a result. Rohl said despite filing the case, he did n...
Tags: Politics, Elections, Texas, News, US, Trends, Michigan, Republican, Donald Trump, Republican National Committee, Trump, State, Kraken, Sidney Powell, Powell, Dana Nessel

It’s Time For Sidney Powell To Start Worrying About Her Law License

The Kraken's legal credentials need to be released.
Tags: Law, Government, Legal Ethics, Quote Of The Day, Kraken, Sidney Powell, Election Law, Disbarment

Dominion Voting Systems Files Defamation Lawsuit Against Former Trump Lawyer, Sidney Powell (techdirt)

We write a lot about defamation suits here at Techdirt. Most of what we cover are baseless lawsuits -- lawsuits featuring powerful people "punching down" in hopes of silencing critics. But this case is on a more equitable level. As the election results rolled in last November, the Trump Administration maintained the election had been "stolen." The fantasies of the lame duck were encouraged and enabled by lawyers who should have known better. This includes Rudy Giuliani -- self-proclaimed 9/11 ...
Tags: News, Washington, Toronto, Georgia, United States, Venezuela, Rudy Giuliani, Trump, State, Kraken, Sidney Powell, Powell, Eac, Hugo Chavez, Tim Cushing, Dominion

Cryptocurrency is an electronic, private type of money - here's how it works and how you can invest in it

Although there of thousands of types of cryptocurrency available now, only 13 - including bitcoin, the first "crypto" to be created - are actively traded on exchanges. Travis Wolfe / EyeEm/ Getty Images Cryptocurrency is a form of digital, "decentralized money" — not government-issued but managed via private encrypted databases, called blockchains.  Bitcoin is the original, and still most popular, type of cryptocurrency. Tether, Ethereum, and Litecoin are other highly traded types. Mainstr...
Tags: Google, Facebook, Silk Road, Trends, Markets, Paypal, Fbi, Bitcoin, Crypto, Tokyo, Ira, Cryptocurrencies, Btc, Freelance, Cryptocurrency, Satoshi Nakamoto

Voting Machine Manufacturer Dominion Sues Sidney Powell for $1.3 Billion

On Friday, Dominion released the Kraken on former Trump campaign lawyer Sidney Powell. For months, Powell has made numerous conspiratorial allegations against the voting machine manufacturer—in public and in court. Now, Dominion is accusing Powell of defamation and seeking $1.3 billion in damages. Read more...
Tags: Lawsuit, Science, Conspiracy Theory, Trump, Kraken, Sidney Powell, Powell, Dominion, Voting Machines, Voting Machine Manufacturer Dominion

'There is no emergency,' say crypto firms as US plans new ownership disclosure rules

A Bitcoin graph on the Coinbase app. Chesnot/Getty Images Coinbase, Kraken, and other cryptocurrency exchanges are pushing back against a US Treasury Dept. proposal that would require them to log personal details about the people who use cryptocurrency. Under the proposal, crypto companies would have to record and report crypto transactions above $10,000, just as banks are required to.  "There is no emergency here; there is only an outgoing administration attempting to bypass the required ...
Tags: Washington, US, Trends, Regulation, Bitcoin, Treasury, Crypto, US Treasury, Donald Trump, Coinbase, John Mcafee, Trump, Kraken, Donald J Trump, McAfee, Havana Cuba