Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase’s CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum. Coinbase CEO Predicts Billions Using Bitcoin by 2030 Brian Armstrong, CEO of Coinbase (Nasdaq: COIN), weighed in on the rapid adoption of bitcoin, responding to a post about cryptocurrency’s growth […] Original
The Bitcoin space is buzzing again, but this time with eyebrow-raising predictions that seem almost too good to be true. Abra Global’s CEO Bill Barhydt has stepped into the spotlight with a series of ambitious forecasts that have left many in the crypto community both excited and skeptical. His vision for Bitcoin’s future price tag? A staggering $350,000. A Tale Of Two Economic Forces The basis of Barhydt’s forecasts is mostly on expected changes in American monetary policy. Reduced interest rates and possible quantitative easing are supposed to flood the…
Tether CEO Paolo Ardoino predicts bitcoin users will transition to quantum-resistant addresses long before advanced computers pose a genuine threat to its cryptography, though millions in lost coins — potentially including Satoshi Nakamoto’s stash — could face risks. Quantum Computing No Immediate Threat to Bitcoin, Says Tether Chief; Lost Coins May Re-Enter Market Ardoino emphasized […] Original
The Commodity Futures Trading Commission (CFTC) which regulates the U.S. derivatives market said it will hold a CEO Forum with leaders from Coinbase, Ripple, Circle, Crypto.com, and Moonpay to evaluate a digital asset markets pilot program. The announcement was made on Friday and the purpose of the program will be to establish regulatory clarity around […] Source CryptoX Portal
With Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In a new post to the social media platform X, Armstrong lays out the case for why he thinks Coinbase is now competing with the largest US banks, brokerages and payment companies. “If you think of Coinbase like a bank, we now hold about $0.42 trillion in assets for our customers, which would make us the 21st largest bank in the US by total assets, and growing. If you…
Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the country could become the world’s third-largest Bitcoin (BTC) holder, surpassing nations such as the United Kingdom, Germany, and Ukraine. She also emphasized the new capital gains tax exemption for BTC, which has been in place for over three years, incentivizing long-term adoption. This is solid great news! 🎉🚀 The Czech…
Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin (BTC) Standard in April 2024. Metaplanet chief executive Simon Gerovich noted in an X post on Feb. 4 that the Tokyo-listed firm is now ranked “among the top 50 in terms of trading volume” among the approximately 4,000 listed companies in Japan. He also noted that “high liquidity” the company is currently facing…
Solana-focused Canadian investment company Sol Strategies purchased 40,300 SOL between Jan. 19 and Jan. 31, for approximately $9.9 million at an average price of $246.53 per token. The Toronto-based company, which runs three mainnet Solana validators, said that it now holds 189,968 SOL worth roughly $40.89 million purchased at an average price of C$256.21 per SOL, or around US$178.39 per token, according to a press release. Last month the firm, which has submitted an application to list on the Nasdaq, sold $2.5 million of convertible debentures to add an additional…
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…
Bybit CEO Ben Zhou has suggested that the ongoing crypto market liquidation event may be significantly larger than widely reported. According to CoinGlass data, over $2 billion in digital liquidations in 24 hours on Monday, Feb. 3, marking the single largest liquidation event in crypto history. Several analysts estimated liquidations exceeded $2.2 billion, surpassing the COVID crash and FTX collapse, two of the most significant liquidation events ever recorded. Yet, Zhou said the numbers may be underreported due to API limits. According to Bybit’s co-founder, the crypto exchange limits how…