Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washington D.C. is really incredible… and it’s not over yet,” Caitlin Long, Custodia Bank’s founder and CEO, said during a panel at the event. In 2023, the US Federal Reserve, which regulates banks, stymied Custodia’s efforts to service crypto firms by denying the…
Tag: CEO
CryptoQuant CEO says only ‘noob’ would sell amid current dip as BlackRock reportedly sold $150m in BTC
Institutional investors seem to be selling off millions in Bitcoin, but CryptoQuant’s CEO believes 30% corrections are common during bull cycles. Bitcoin (BTC) is down about 10% over the past week, putting this February on track to be one of the worst since 2018. Still, CryptoQuant CEO Ki Young Ju isn’t concerned, saying only a “noob” would sell during this dip. If you’re panic selling now, you’re probably a noob. A 30% correction in a #Bitcoin bull cycle is common—it dropped 53% in 2021 and still recovered to an ATH.…
Top New Crypto to Buy as Binance CEO Says Market’s in a Tactical Retreat, Not Reversal
Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that…
Bitcoin as Treasury Asset: Strive’s CEO Urges Gamestop to Diversify Cash Holdings
Strive Asset Management CEO Matt Cole has urged Gamestop to adopt bitcoin as part of its treasury reserve strategy, a proposal acknowledged by Chairman Ryan Cohen but not yet publicly endorsed by the company. Strive CEO Proposes Gamestop Allocate Portion of $5B Cash Reserves to Bitcoin Matt Cole, CEO of Strive Asset Management, recommended in […] Original
Strive CEO urges GameStop to adopt Bitcoin as treasury asset
Strive Asset Management CEO Matt Cole urged GameStop to adopt Bitcoin as a reserve asset, arguing that the move could redefine the company’s financial strategy. In a letter sent to GameStop Chairman and CEO Ryan Cohen on Feb. 24, Cole suggested that GameStop’s nearly $5 billion in cash reserves could be used to position the company as a leader in the gaming sector. “We believe GameStop has an incredible opportunity to transform its financial future by becoming the premier Bitcoin treasury company in the gaming sector,” Cole wrote. Strive, co-founded…
Time To Turn Bullish On Ethereum? CryptoQuant CEO Thinks So
Este artículo también está disponible en español. Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH. Time To Go Bullish On Ethereum Sharing his “bullish thoughts on ETH” via X, Ki Young Ju argued there has been “no significant sell pressure” despite the recent Bybit hack, pointing out…
Bybit CEO Says Crypto Exchange Is Solvent, All User Assets Backed 1:1 Following ‘Largest Heist of All Time’
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests following a massive cybersecurity incident. On Friday, Bybit witnessed a major security breach that allowed thieves to siphon $1.4 billion worth of Ethereum (ETH) and stETH from the exchange’s cold wallet. Coinbase executive Conor Grogan calls the attack the biggest theft in recorded history. “The NK (North Korea) hack of Bybit is the largest heist of all time, of any medium (Central Bank of Iraq heist was ~$1 billion). It’s ~10x…
AI Agents in DeFi: User Control Must Be ‘Non-Negotiable,’ CEO Warns
Renç Korzay, CEO of Giza, emphasizes that ethical considerations in AI agent development must be “architecturally enforced.” He advocates for built-in user control and “security-by-design” to minimize regulatory burdens. ‘Architecturally Enforced’ User Security The rapid advancement of artificial intelligence has led to the development of increasingly sophisticated AI agents, capable of performing complex tasks across […] Source CryptoX Portal
Crypto CEO Calls The Start Of The Altcoin Season With A Caveat
Este artículo también está disponible en español. According to CryptoQuant’s data, the long-awaited altcoin season may have officially arrived. The CEO of the crypto market company, Ki Young Ju, has pointed out a significant surge in altcoin volume on Centralised Exchanges (CEXs). Related Reading CryptoQuant CEO Says Altcoin Season Has Begun Presenting a detailed price chart of the volume ratio of Bitcoin versus altcoins on CEXs, Ju disclosed that altcoins have been seeing significantly higher trading volume than BTC. Unlike previous bull market cycles, Bitcoin Dominance (BTC.D) is no longer…
River CEO warns that Bitcoin at risk from quantum computers, sees no danger for banking stays
While quantum computing poses a threat to Bitcoin’s security, banks have multiple defenses in place to prevent a widespread collapse, River’s Leishman says. The debate over whether quantum computers could threaten Bitcoin (BTC) is heating up once again, with River CEO Alexander Leishman arguing that Bitcoin is at greater risk than traditional banking systems. https://twitter.com/Leishman/status/1892685481357255036?s=20 In an X post on Feb. 21, Leishman explained that in case with Bitcoin, the security of funds depends entirely on the private key. Once a public key is exposed, a quantum computer could access…