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‘Extreme Selling’ Caused Kraken Ethereum Flash Crash - CEO


Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx “Extreme” ethereum (ETH) selling caused yesterday’s flash crash to USD 700 on Kraken, according to Jesse Powell, CEO and Co-founder of the crypto exchange giant. The CEO was speaking to Bloomberg TV, and claimed that his firm...

Microsoft CEO Claims No Plan To Follow In Tesla’s Bitcoin-buying Footsteps


Software giant Microsoft has no imminent plans to invest its corporate assets in bitcoin (BTC) despite the recent surge in similar investments, according to Brad Smith, the company’s president. “I haven’t heard any new conversation about bitcoin, but let me just say: if we change our investment...

Tesla CEO to Support Dogecoin Holders


Elon Musk, who has always favored Dogecoin ever since its existence, made an important announcement regarding the sale of majority holdings. He said that there is too much concentration of the coins amongst its holders, and due to this if the holders decide to sell off the majority of their...

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