Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher

Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity of these extractive companies needed for many industrial purposes. Silver Prices Poised to Rise if […] Source CryptoX Portal

Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios

Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability. “I believe bitcoin is legitimate,” he emphasized, adding: “I do believe there’s a real […] Original

Bitcoin (BTC) Legitimate Asset: BLK CEO Larry Fink

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BlackRock CEO: Bitcoin is ‘digital gold’

BlackRock chairman and CEO Larry Fink said that he believes Bitcoin is a ‘legitimate financial asset class’ for those seeking financial control outside traditional systems. Once a skeptic, Fink now views Bitcoin (BTC) as a legitimate asset class.   “As you know, I was a skeptic. I was a proud skeptic,” Fink told CNBC. “I studied it, learned about it, and I came away saying, ‘Okay, my opinion five years ago was wrong.’”  Fink highlighted Bitcoin’s potential for uncorrelated returns and its role as a hedge against currency debasement and geopolitical…

Bitcoin Magazine CEO pledges to raise $15m for Trump: report

David Bailey, CEO of Bitcoin Magazine, reportedly committed to raising $15 million for former President Donald Trump during a conference in Nashville later this month. Former U.S. President Donald Trump is set to attend the Bitcoin Conference in Nashville, Tennessee, which is expected to help him raise $15 million from donors, the Washington Post reports, citing sources familiar with the matter. According to the report, Bitcoin Magazine chief executive David Bailey lobbied the idea of the conference several times with Trump and his representatives, promising “to hold Trump a $15…

Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP

Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and the cryptocurrency industry. “The court’s ruling that XRP is not a […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Singapore Exchange CEO Discusses Future of Crypto Listings

Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitfarms Leadership Change: Ben Gagnon Named CEO

Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the past five years, the company said. Chairman Nicolas Bonta praised his leadership and strategic impact, highlighting plans to leverage Gagnon’s expertise to diversify […] Source CryptoX Portal