Altcoin rally is coming, CryptoQuant CEO says

Ki Young Ju has reported a significant rise in limit buy orders for altcoins, signaling a potential rally. This surge suggests that investors are establishing strong buy walls for altcoins, excluding Bitcoin (BTC) and Ethereum (ETH), possibly in anticipation of an impending altcoin rally. “Whales are preparing for the next altcoin rally,” Ju posted on X.  The increase in limit buy order volume indicates robust buying interest, which often precedes market upswings. For those unfamiliar, limit orders create “quote volume” on exchanges, while market orders generate “taker volume.”  Whales and…

Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation

Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Goldman Sachs CEO Clarifies His Stance on Bitcoin

Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on the other side as to whether or not bitcoin would be something that’s […] Original

Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO

The CEO and founder of the on-chain analytics firm CryptoQuant has explained how this Bitcoin bull cycle could probably last till mid-2025. Profit-Taking From Old Bitcoin Whales Lasted For 18 Months In Previous Cycles In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a pattern that old whales have followed in terms of profit-taking during the past cycles. “Old whales take profits during bull markets,” notes Young Ju. “Their selling brings new capital into accumulation addresses, raising realized prices.” Accumulation Addresses refer to…

Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric

Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans who support technological progress. He emphasized the need for the U.S. to align with other advanced economies with clear […] Source CryptoX Portal

Cantor Fitzgerald CEO unveils $2b Bitcoin financing initiative 

Cantor Fitzgerald, a major U.S. financial services firm, has announced the launch of a Bitcoin financing business with an initial $2 billion in funding. The firm’s CEO and chairman Howard Lutnick announced the move on July 27 at the Bitcoin 2024 conference in Nashville, Tennessee. Cantor — a major global financial player with $13.2 billion in assets under management — is expanding its support for Bitcoin (BTC). According to the company’s press release, also published on July 27, the finance giant will begin with an initial $2 billion in financing and…

VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

VanEck CEO says Bitcoin accounts for ‘way over 30%’ of his portfolio

Jan van Eck, the chief executive officer of investment management firm VanEck, has reiterated his bullish stance on Bitcoin by declaring at Bitcoin 2024 that ‘way over 30%’ of his portfolio is in Bitcoin. The VanEck CEO stated that he views Bitcoin (BTC) as an evolving asset class, likening its current stage to the “teenage stage.” According to van Eck, BTC has yet to attract many investor classes, but he thinks it is only a matter of time before they join. Emphasizing his bullish view of the benchmark asset, van…

BlackRock CEO concerned after crypto surge boosts Bitcoin, Ethereum and XRP prices

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The recent approval of new crypto ETFs sparked a surge in Bitcoin, Ethereum, and XRP prices as Rollblock’s crypto casino capitalizes on the momentum in its ongoing presale. The past few days saw a monumental development with the recent approval of new crypto ETFs that ignited a surge in cryptocurrency prices, particularly Bitcoin, Ethereum, and XRP. However, BlackRock CEO Larey Fink sounded a cautionary alarm. Meanwhile, a crypto casino,…