Amid KuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC). “When it comes to the purpose of Bitcoin creation, I think privacy is just one of its features,” KuCoin CEO Johnny Lyu told Cointelegraph in an interview on July 4. Instead of privacy, the core benefit of Bitcoin is a unit of exchange, which allows holders to hedge against recessions, Lyu hinted. The CEO mentioned that Bitcoin was created after the 2008 financial…
Tag: CEO
Binance CEO Changpeng Zhao predicts bitcoin bull run
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent Twitter Space session, Binance CEO Changpeng Zhao, CZ, predicted the upcoming bitcoin bull market. During the ask-me-anything session on July 5, CZ addressed various topics, including BlackRock’s entry into the cryptocurrency market, regulatory actions against Binance, and his forecast for the upcoming bull run. He noted that bitcoin tends to follow four-year cycles and highlighted the significance of the next Bitcoin halving event in 2024. While CZ acknowledged that he couldn’t predict the…
Binance CEO Changpeng Zhao reveals when
Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ explained how the price of Bitcoin has historically moved in four-year bull cycles. https://t.co/OENe6Ul4ag — Binance (@binance) July 5, 2023 While he admitted that he can’t see the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating: “The year after Bitcoin halving is usually the bull year.”…
First Mover Asia: Bitcoin Near $30.5K Remains Cool to BlackRock CEO Comments, Hawkish FOMC Minutes
PLUS: A candidate to become Thailand’s next Prime Minister owns bitcoin, ether, BNB and ADA. Here’s why the disclosure by Pita Limjaroenrat matters. Source
BlackRock CEO Larry Fink Is Pro-Bitcoin, Calls It An International Asset
BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space. Fink described Bitcoin as an international asset that he would like to democratize. BlackRock is looking to work closely with regulators in the U.S. to further Bitcoin adoption through a spot BTC ETF. Larry Fink previously dismissed Bitcoin calling it a tool for money laundering. Larry Fink, the man behind the world’s largest asset manager, has taken a rather friendly stance towards Bitcoin and the broader crypto space. As the Chief Executive of BlackRock…
BlackRock (BLK) CEO Larry Fink
Fink continued: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.” Source
Music with AI elements can win a Grammy, Recording Academy CEO says in report
The music industry is coming to terms with the rise of artificial intelligence (AI) seeping into productions, as the Grammys recently clarified that AI-generated music will be eligible for awards in the 2024 award cycle. On July 4, the CEO and President of the Recording Academy, Harvey Mason Jr. clarified to the AP in an interview: “AI, or music that contains AI-created elements is absolutely eligible for entry and for consideration for Grammy nomination. Period.” He stressed that the Academy will not give a Grammy or a nomination thereof to…
Crypto firms won’t leave US despite apparent hostility: Merkle Science CEO
Despite recent narratives suggesting differently, the United States won’t be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science. A swathe of hostile regulatory actions leveled at crypto firms in the United States in recent months has led many top crypto executives to turn their gaze elsewhere. Despite this, Mriganka Pattnaik, the co-founder and CEO of Merkle Science believes that crypto activity will remain in the country for at least the medium term. “My opinion is a little bit contrarian here, but I…
‘A lot of the bad actors have been shaken out of the market’ — Bitvo CEO
Pamela Draper, president and CEO of crypto platform Bitvo, has weighed in on firms escaping the Canadian market amid the regulatory environment. Speaking to Cointelegraph at the Collision Conference in Toronto on June 29, Draper said despite crypto companies like Binance, dYdX, and Bybit announcing their departure from Canada in 2023, the country was “one of the few jurisdictions where there’s actually a regulatory regime in place that you can follow.” She cited cases in the United States, where Binance and Coinbase both face lawsuits from the country’s Securities and…
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto entrepreneurs face challenges under tough macroeconomic and regulatory conditions, according to Animoca Brands CEO Yat Siu. Speaking with Cointelegraph at the Collision Conference, in Toronto, Siu highlighted the main differences between the environment for crypto businesses worldwide, stressing that it is not “as bad as it sounds”. According to him, Web3 startups can still raise funding from venture firms, but current conditions like higher…