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…
Tag: CEO
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…
Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’
Rumble has committed up to $20 million in bitcoin as a treasury asset, citing its potential as an inflation hedge and key to strategic expansion in the digital economy. Rumble Adopts Bitcoin as Treasury Asset in Strategic Shift Rumble, a video-sharing and cloud services platform, has taken a bold step to diversify its corporate treasury […] Original
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…
Charles Schwab Wants to Directly Offer Crypto to Clients, Incoming CEO Says
Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday. Source
Bitcoin mirrors 2020 bull phase, CryptoQuant CEO says
CryptoQuant CEO Ki Young Ju says Bitcoin’s current rally appears to be supported by months of accumulation by whales. Bitcoin’s (BTC) ongoing rally toward the $100,000 mark mirrors the price surge seen in 2020, when the cryptocurrency’s value surged sixfold to reach $67,000, CryptoQuant CEO Ki Young Ju said in a recent X thread. #Bitcoin bull market is starting, with data resembling 2020. Thread 🧵 pic.twitter.com/7BMKxhdYQX — Ki Young Ju (@ki_young_ju) November 21, 2024 Ju emphasized that previous on-chain data signaling Bitcoin accumulation by whales over several months has proven…
CEO Brad Garlinghouse Outlines Vision For 2025
Este artículo también está disponible en español. In a recent interview with FOX Business, Brad Garlinghouse, CEO of Ripple Labs, shared insights on the so-called “Trump trade” impacting crypto prices, as evidenced by Bitcoin’s recent streak of consecutive all-time highs over the past 48 hours. Garlinghouse also discussed how Ripple, and the broader digital asset industry, fit into the upcoming regulatory landscape expected under President-elect Donald Trump in the coming year. Ripple CEO Optimistic About Trump’s Pro-Crypto Stance Garlinghouse emphasized that since its inception, Ripple has focused on addressing the…