According to CryptoQuant CEO Ki Young Ju, if Bitcoin’s price stays above $45,000, it could surpass its all-time high within a year. Bitcoin (BTC) rebounded from a tumultuous weekend, and optimism remains in the crypto market despite some bearish indicators in the financial markets. On Aug. 5, global financial markets experienced declines as Japan’s benchmark index plummeted over 12%, while the Dow Jones and Nasdaq also saw substantial drops. Tech giants collectively lost $650 billion in market cap. The crypto market was also affected as Bitcoin dropped below $50,000, hitting…
Tag: CEO
VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000
Jan van Eck, the Chief Executive Officer (CEO) of VanEck, an American investment management firm, has maintained an extremely bullish stance on Bitcoin (BTC), the world’s largest cryptocurrency. According to the popular CEO, Bitcoin is set to witness an exponential surge to $350,000, driven by an adoption rate on par with gold. Bitcoin Set To Hit Ambitious $350,000 Target In an exclusive interview with Fox Business on August 2, Van Eck predicted that the price of Bitcoin could surge as high as $350,000. As one of the issuers of Spot…
Indian Court Reaffirms Legality of Cryptocurrency, Grants Bail to Yes World CEO
The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail to Sandeep Chowdhury, CEO of Yes World, who was accused of defrauding investors through a Ponzi scheme disguised as a cryptocurrency business. Orissa High Court […] Source
Arkham CEO Miguel Morel to Speak at Istanbul Blockchain Week
Iris Coleman Aug 02, 2024 14:02 Arkham CEO Miguel Morel is set to speak at Istanbul Blockchain Week, featuring in a keynote, panel, and workshop. Arkham Intelligence’s Founder and CEO, Miguel Morel, is scheduled to speak at Istanbul Blockchain Week (IBW) 2024, according to Arkham Intelligence. Morel will be participating in a keynote address, a panel discussion, and a workshop. Keynote and Panel Discussions Morel’s keynote is expected to cover the latest trends and innovations in blockchain technology, offering insights from his…
'Golden Boys' Move on CompoundDAO Wasn't a Governance Attack: Tally Protocol CEO
Sitting on the sidelines during the democratic process means you can’t complain about the result, the CEO and co-founder of a DAO vote-counting protocol argued in an interview. Source
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