Cryptocurrency market will hit $1 trillion valuation this year
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Jesse Powell, founder and CEO of Kraken, said this Tuesday that the cryptocurrency market would continue to grow day by day.
He was then asked if he thought the market capitalization of all cryptocurrencies would hit the $1 trillion mark in this year.
He agreed without any doubt.
Powell, He told the CNBC:
"You've got a lot more kids graduating from crypto programs at universities now. I think we're just going to see it continue exponentially from here.
Traders have been avoiding regulatory signals recently as government ministers in South Korea and India have both protested against virtual currencies.
On Monday, three of the top European Union regulators warned theconsumers about the risk of buying cryptocurrencies.
However, most cryptocurrency enthusiasts seemed to be hoping to hear a positive news on cryptocurrencies held by the U.S. Senate Banking.
This begining of year 2018 is not well-shaped.
But to be honest, I think that within this year the goverments will be forced to accept cryptocurrencies as a whole.
Excellent hit.
Thanks.
No doubt that cryptocurrency will take over the world. Cryptocurrency is an international thing, encompassing the whole globe, much larger than the economy of any country.
Yeah.. Just need to wait for the right time to come..
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