SIX Promotes Exchange Head Sibbern to CEO as Dijsselhof Exits

SIX Group, Switzerland’s principal financial market infrastructure operator, has appointed Bjørn Sibbern as its new Chief Executive Officer (CEO), effective January 1, 2025, marking a leadership transition at one of Europe’s major exchange operators. SIX Names Exchanges Chief Sibbern as CEO to Succeed Dijsselhof Sibbern, who currently serves as Global Head Exchanges and sits on SIX’s Group Executive Board, will succeed Jos Dijsselhof, who is stepping down after a transformative seven-year tenure to pursue opportunities in the Middle East. The Danish executive brings more than two decades of capital markets…

Nansen CEO Predicts Biggest Bull Run Ever

Este artículo también está disponible en español. In a thread on X, Alex Svanevik, CEO of leading on-chain analytics platform Nansen, unveiled nine bold predictions for the crypto industry in 2025. Svanevik forecasts that the upcoming year will herald “the mother of all bull markets,” propelled by technological advancements, regulatory shifts, and widespread adoption across various sectors. #1 Crypto Memecoins Will Set New On-Chain Records Svanevik predicts that memecoins—cryptocurrencies inspired by internet memes—will continue to attract retail investors to the crypto space. He anticipates these tokens will significantly boost on-chain…

$15 Trillion Market Cap For Bitcoin? Crypto Firm CEO Predicts Explosive Growth

Este artículo también está disponible en español. A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain’s untapped potential could drive Bitcoin to an exponential growth in its market capitalization. Related Reading Bitcoin And The $740,000 Target The Pantera executive believes that Bitcoin price could soar to $740,000 per coin, something the…

Altcoins should stop relying on Bitcoin’s surge, CryptoQuant CEO says

With Bitcoin’s future growth driven by institutional investments and ETFs, the CryptoQuant head advises altcoins to create unique approaches to draw fresh capital. Altcoins may need to rethink their reliance on Bitcoin’s (BTC) momentum and focus on drawing fresh capital through independent strategies, CryptoQuant CEO Ki Young Ju says. In an X post on Nov. 27, Ju highlighted that the dynamics of capital flowing into Bitcoin have changed, with institutional investors and spot ETFs now driving the current rally. Why is altcoin season delayed? Compared to the last cycle, the…

Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

Este artículo también está disponible en español. The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts upper and lower bounds on the cryptocurrency’s price using the trend in the mining hashrate. The mining hashrate here refers to a metric that keeps track of the…

Institutions Just ‘Waiting To Buy Up’ Bitcoin, Says MARA CEO

Este artículo también está disponible en español. In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs. Thiel dismissed the impact of the recent Bitcoin halving, stating, “I think the halving had zero effect.” Instead, he attributed the Bitcoin price surge to the introduction of spot exchange-traded funds (ETFs) earlier this year. “In January, you had the ETFs…

Bitcoin retail investors not in FOMO mode yet, CryptoQuant CEO says

Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant. Young Ju shared this perspective as Bitcoin (BTC) fell below $92,000, continuing its decline from near $100,000 last week. The CryptoQuant CEO highlighted that recent retail trading behavior has not shown signs of panic or excessive excitement. “Bitcoin retail investors aren’t in FOMO yet,” the analyst posted on X. “This indicator is based on the surge in trading count across all exchanges, tickers, and markets (spot and…

Trump Picks ‘Most Pro-Crypto’ Treasury Secretary: Ripple CEO Declares Him the Perfect Choice

President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’ President-elect Donald Trump has nominated Scott Bessent, known for his support of cryptocurrency innovation, to replace Janet Yellen as […] Source CryptoX Portal

Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO

The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company’s court-approved Chapter 11 Plan of Reorganization will be effective by early January 2025. “We are pleased to announce that we will begin distributing proceeds in early 2025. The timeline laid out reflects the experience and continued work of the team of professionals supporting the Debtors, who already have recovered…