Kraken Laughs at NY Regulator. Crypto Market Jumps

in cryptocurrency •  7 years ago 


Kraken CEO, Jesse Powell, scoffed at an attempt from a New York regulator to flex powers he didn't have. New York is the least blockchain friendly state, with Wall Strret interests putting up walls for real entrepreneurism.

The Crypto market jumps up to the $375 billion area. Will we see a further rally? I go over some key resistance levels and try to look ahead to potential setups.

Happy Investing C# HODLCREW

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I guess what I don’t understand is why would companies who have gone through bitlicense need to answer these redudant questions? Is it the NY AG just acting like they are engaged? Or is it just because they can?

Either way the way to foster cooperation is not hammering start ups with redudant questions then act like NY is protecting investors. Which is a ridiculous response from them.

Those in power are reluctant to give it up

That is for sure.
But the crypto revolution will change the power dynamic

this is true, crypto will rule the world and can make a halt to paper money, go digital @investing

Let's do it slowly, let's not rush. We are here for a very long time :))
Great vid as always, man!

Yeah, we indeed have quite a little rally here lol.
I know everyone is ready to fly to the moon!)

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The people at Kraken are great and the best thing about the company! Everyone is really smart, but humble. Leadership truly cares for their employees and always seeking input on how to improve. The employees Kraken hires are great people and very talented in what they do. Everyone seems to be engaged in their work and always helping out colleagues.

  ·  7 years ago (edited)

New resistances and bullise are giving a nice ride ,it is such great that it becomes doffcult to handle the situation....
After a long HODL ,i guess destiny is turning bullish....
Hay if you need any help regarfing twitter ...well i am here...

The Crypto market jumps up to the $375 billion area. Will we see a further rally?

Yeah.. I think rally starting again and we all happiness this time with crypto gain condition. BTC pass 8.5K now and steem and SBD also pass over $3. But most market cap and using seems about steem. Steem has more power now.

The resource diversion for this production is massive. This is going to completely blow up our roadmap, Kraken believes this an he also had mentioned that he realized that we made the wise decision to get the hell out of New York three years ago and that we can dodge this bullet.Ordinarily, we're happy to help government understand our business, however, this is not the way to go about it

DbOHFhtVwAAm83V.jpg

I think Wall Street is really causing hindrance for crypto in New York, crypto has influenced each and every corner of world but New York seems a hard task for crypto, it seems battle between crypto and wall street is going to be quite tough, but I can say at last crypto will dominate over New York too but it will take some time.

Its absolutely true..."Crypto market jumps up to the $375 billion area"
All other top currency are growing up continuously in last 7 days.. BTC increase 5.93% of last 7 day... And now BTC on fire...it exceed 8500+USD...
2018-04-21_004241.png

Hey mr invester i've been waiting for your "Hello Investers" ^^
Its good to see how market is going
Waiting for your daily youtube viedeo.. btc \o/
best regards

Thanks for sharing this post, i like dube channel.
Best of luck

the bulls are coming

The bulls are definately back but we are still likely to see high levels of volatility, it won’t be a straight line up! Having said that, I’m sure we will end the year higher than we are now!!

  ·  7 years ago (edited)

As you say bulls are back, now you can see a good volume and a solid market i think will be a good months for cryptocurrency and we will see heavy whales investing in good projects. Regards

Come on!

Monero, the 11th largest cryptocurrency with a market capitalization of nearly $3.6 billion, jumped more than 12 in the last 24 hours as its price rose to $233.74. Monero, a privacy-centric currency, trails 10th place IOTA, which has a market cap of more than $4 billion.

Its true & i am agree with you at all.
Crypto market jums,
My best wishes are always with crypto users & promoters.
I will try my best to promote.
Best of luck.

That's great news for crypto holder, it's time to earn more benefit.

They are working on that for long time i'm very happy that they get it i'm sure now we will see many more exchanges going in the same why
that will do great stuff for the crypto market

Ues it will jumpo soon we will see it and as the last year we see the same situation thanks for you awesome video keep it up

Now its time for rising up cryptocurrency. After a long time crypto will be back strongly. I hope that its will be continue rising up. just imagine that 15days ago!! Crypto was record broke the lowest rate after last year November month. We are passing a very bad time. But Now! We all cryptop holders are very happy for that. Now time to buy some coins! I think so. Any way @investing Thanks for your kind information.

Done my sub to your youtube chanel

Thanks for sharing this cryptocurrency news sharing...I appreciate this dibe channel.
Keep it up my dear friend.....

In contrast to many of the major cryptocurrency exchanges contacted by the New York attorney general's office, Kraken co-founder and CEO Jesse Powell says he won't comply with the information request.
"The resource diversion for this production is massive. This is going to completely blow up our roadmap!" Powell says on Twitter.
"Legitimate entities generally like to demonstrate to their investors that their money will be protected," says Amy Spitalnick of the NY attorney general's office.

Very wonderful article and very distinctive
Well done, my friend
Encryption has become a big thing
Distinctive investment

The Crypto market jumps up to the $375 billion area. Will we see a further rally? I go over some key resistance levels and try to look ahead to potential setups.

Wow! Fantastic!

It's great to read your article, man! You write with great ability. Very happy to read the good news from you, man! As always, I really admire your ability about cryptos! I'm sure Cryptos will soar. Stay positive Bung without having to hear the useless party :)

Even in the fast-paced and fast-changing world of cryptocurrency, the rise of Vibe in the last 24 hours is astonishing. The live music-centric digital currency has seen its value explode 400% in the last day to $2.34, as of mid-morning Wednesday.

You are right

Crypto market jumps up to the $375 billion area"
All other top currency are growing up continuously in last 7 days.. BTC increase 5.93% of last 7 day... And now BTC on fire...it exceed 8500+USD...we made the wise decision to get the hell out of New York three years ago and that we can dodge this bullet.Ordinarily, we're happy to help government understand our business, however, this is not the way to go about itbut New York seems a hard task for crypto, it seems battle between crypto and wall street is going to be quite tough, but I can say at last crypto will dominate over New York too but it will take some time.

Hi connor you're doing a great job as always.. I am impressed about market "The Crypto market jumps up to the $375 billion area" keep going. World of cryptocurrency just going crazy. cheers

At least one exchange is pushing back, claiming “abuse” within a fact-finding mission leveled at 13 cryptocurrency exchanges by the New York Attorney General’s office this week.

On Tuesday, the office of AG Eric Schneiderman sent a letter to 13 digital currency exchanges seeking information to better understand the industry, with the goal of increasing transparency and user protection, it said.

San Francisco-based cryptocurrency exchange Kraken is ending its trading services for Japanese residents after regulators stepped up oversight in the country, one of the world’s biggest bitcoin-trading hubs.

Kraken told customers Tuesday in an email that it plans to focus on other countries but might resume services in Japan later. Ryushi Watanabe, head of Kraken’s Japan operations, declined to comment on reasons for the pullout.

Fantastic!

Crypto still be shine. Bull run would step on gas. a good start already started today. fixed consistently do not affected, dude :)
IMG_20180421_015941.JPG
BULL RUN :)

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It's better for the banks to stay away and the governments should stop trying hard to control the crypto world. This is freedom, everyone deserves it

I will confirm to you I will done my subscribed to your youtube chanel. like video & comment with my user name link.

You analaysis about crypto its really well. That's why i sub your youtube chanel, like your video & comment here.
Thank you so much sir.

great video sir. your smile is so cute. I will sub you. thanks sir.
20180421_015215.png

Crypto market jumps up to the $375 billion area"
All other top currency are growing up continuously in last 7 days.. BTC increase 5.93% of last 7 day... And now BTC on fire...it exceed 8500+USD...

I done my subscription to your youtube chanel & also comment here my account name.
@investing you are right. I agree with you, The bulls are Back
We are waiting for these day. Its very good time for crypto holders. Now time for celebrating pur self.

I'm wondering to see current crypto rally and guess it's being unstoppable @investing. You given awesome explain there. Crypto going his own way . But need to be careful. Most of gambling systems there. Cheers.

I definitely admit that a lot rally should be expected over the next couple of weeks. But that's just speculation, my risk cap is on. Prepared for whatever happens.

really great news @investing
crypto jump 350+.no dout its great news for crypto holder,its time to enjoy,and also time to chill

its time to keep a huge profite for crypto holder,its value is really increasing day by day..really its time is opportunity time for crypto users.

its great content that crypto price is at high,also its raising at $375 .thats really fentastic @investing sir.thanks for sharing .really bulls back greatly.its growing up huge last 7 days.i fell great

Cryptos jump ups nicely. Today bitcoin again above 8500$ and bch is above 1100$+ after a long crash. That's the huge gain today. I prospect next month we can see more gain.

oooo yeah, bull is back, and you smile is telling it ;)
I really feel happy to see you smiling <3
always smile like this.
I commented on your you tube video and also liked it <3
God bless you always <3
congratulation @kudaim for winning

New York doesn’t want crypto because they have all the cash from Wall Street who doesn’t want it

Great information @investing

DQmW9Ds9ji4Q1t9ruyJBeqZ3AxCq9jUAmUH8iZBPY94HtGw.jpg

The way things are going now a days, we can say that the bull is on fire!
I'm new here, watched your video YouTube and commented on it.
you are sharing amazing information brother.

Your video is so nice and so sweet your work is so nice

Connor Kenny wow, I just Realized that Angelina Jolie Comments on your Posts. I am surprised that @angelinajolie does not embrace DTube more herself.......................

Kraken was one of 13 exchanges that received a letter from New York Attorney General Eric Schneiderman on Tuesday as part of his new inquiry into cryptocurrency exchanges, as previously reported. While most exchanges generally welcomed the inquiry and said they would fill out the attached questionnaire, Kraken took a different tack when reached for comment..

Connor Kenny I like your video also sub your chanel & comment here.

Its very important for every crypto holders. i watch your video at youtube.
I subscribe your chanel Connor Kenny.
I wish i'm the winner & get 5 steem! just dream man!

Thanks a lot for sharing. I like your video at your chanel Connor Kenny, sub done, comment here my link

You are awesome sir. Great post. thanks for sharing

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That's funny. I would have liked to see the AG's response real-time. :)

It's cheaper to buy when markets are down, but it feels lighter when things are headed up. Glad to have the green back in the market review.

You got a 74.07% upvote from @steembloggers courtesy of @investing!

  ·  7 years ago Reveal Comment

have a nice day.thanks for share next post

so informative video.

Every day comes many good news. Steemit is one of the most secure platforms. Thanks for sharing

I believe that we all welcome the bull , haha

Ho no need to complify with NY,bulls are back hope its not a bull trap.

crypto's are future, thanks for this information..

Bulls are back with a bang @investing you are setting the tone,great job.

Monroe, about $ 11 billion cryptocorjancy, went ahead with more than 12 billion dollars in the last 24 hours with a market capitalization of around $ 3.6 billion and its price rose to $ 233.74. Monroe, which has a market cap of more than $ 4 billion

The bulls back in the game now lets go the moon :D

I think Wall Street is really causing hindrance for crypto in New York, crypto has influenced each and every corner of world but New York seems a hard task for crypto,

I think the rally will continue until the end of the week. But eventually a correction will happen. I wonder if this is a good moment to buy more or maybe buy tether.
You actually look in good mood @investing and i assume this has to do with the market going up.!

Really Bulls are back.
I will visit your youtube chanel. sub done. also comment here my account link.