ASTER Gains as CEO Unveils Big Plans

Key Notes ASTER hit a new ATH of $2.34, now trading at $2.27 with $3.05B volume. CEO Leonard announced Aster Chain with sub-second finality and privacy features. Talks are underway with Binance regarding a potential listing. Aster (ASTER) has surged to new heights after CEO Leonard revealed ambitious plans, including a proprietary Layer-1 blockchain, potential Binance listing, and a buyback program. The decentralized exchange (DEX) has rapidly gained traction, securing the second spot in daily revenue with $9.2 million, trailing only Tether’s $21.99 million and surpassing Circle’s $7.72 million, as…

Ex-Binance CEO CZ Criticizes FT Report On YZi Labs, Calls It A ‘Negative Narrative’

Former Binance CEO Changpeng Zhao, commonly known as CZ, has found himself at the epicenter of a new controversy following a recent report by the Financial Times regarding his Web3 and artificial intelligence (AI) venture, YZi Labs.  CZ Denies Financial Times Report  The report suggested that Zhao was planning to open a substantial $10 billion portfolio to outside investors, a claim that has sparked a vigorous denial from the former executive of the world’s largest cryptocurrency exchange. According to the Financial Times, Ella Zhang, head of YZi Labs, acknowledged strong…

CEO Dismisses September Crash, Reveals Why The Bitcoin Price Is Headed For $150,000

The Bitcoin price is falling again this September, but SkyBridge CEO Anthony Scaramucci says there is no reason to call it a crash. He explained on a CNBC Squawk Box segment that the current weakness is part of a regular cycle that happens almost every year. According to the CEO, short-term fluctuations do not alter the broader picture for Bitcoin. For this reason, Scaramucci says he is keeping his bullish outlook and is not changing his prediction. Scaramucci Says Bitcoin Price September Weakness Is Seasonal Anthony Scaramucci says September has…

Former Binance CEO CZ’s YZi Labs May Open to External Investors

Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part of it, citing the overwhelming scale of capital already under management. “There’s always a lot of external investors interested,” Ella Zhang, who heads the fund, told the Financial Times. “We will eventually consider turning it…

Behindwoods Interview “Blockchain: Simplifying Life!” | Sidd Ahmed

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is part of the interview with Avudayappan on Behindwoods! Using blockchain technology, we aim to make complex processes easily accessible to the general audience. Imagine a world where everyday activities become simpler, safer, and more convenient. We’re working on the solution! Share your valuable thoughts on it! I would love to hear it! #positivetribe #siddahmed #tribesiddahmed #tribesidd #behindwoods ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

MetaMask’s Long-Rumored Token May Arrive Sooner Than Expected, CEO Says

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x

Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels. Related Reading According to Mallers, the size of global wealth available for savings gives Bitcoin room to grow in a big way. He made the bold remark that Bitcoin could be “100 to 200 times from here,” and his firm’s buying behavior appears to follow that view. Analyst’s 200x Bitcoin Claim According to Mallers, total global wealth across assets like stocks, property, gold and art is about…

SEC Approves First US Multi-Crypto ETP: Grayscale CEO

The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer exposure to five of the world’s largest cryptocurrencies: Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA). The approval, disclosed in a filing on Wednesday, marks a milestone for the digital asset industry and follows the success of US spot Bitcoin exchange-traded funds (ETFs). A multi-asset crypto ETP gives traditional investors an easier way to gain…

Coinbase CEO Says Clarity Act Is A Freight Train Leaving The Station

Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for the crypto market structure bill this week.  The Digital Asset Market Clarity Act seeks to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading Commission and other financial agencies that regulate the crypto market, especially non-stablecoins such as tokenized stocks. After meeting with lawmakers over the last few days, Coinbase CEO Brian Armstrong said: “This is how we ensure…

Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO

Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is “doomed” — even though Bitcoin mining itself will live on.   The “Bitcoin mining industry is going to be dead in two years” he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. “There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining.” Bit Digital started life as a peer-to-peer car rental service in China…