Tag: CEO

Grayscale CEO says GBTC Bitcoin ETF fees will come down over time

boss

Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said that fees on its flagship product will come down over time, after its outflows reached $12 billion. Grayscale CEO Michael Sonnenshein said that the crypto fund manager expects to bring fees on its Grayscale Bitcoin Trust ETF down in the coming months, as the nascent crypto ETF market matures. “I’ll happily confirm that, over time, as this market…

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Solana Market Cap Set To Skyrocket 1,000%: Crypto Fund CEO

boss

Joe McCann, the CEO and CIO of the crypto hedge fund Asymmetric, recently made a bold statement on X (formerly Twitter), forecasting a $1 trillion market cap for Solana. McCann’s argument hinges on several key points that detail why he believes Solana has achieved product-market fit (PMF) as “The Chain for Retail,” juxtaposing it against Ethereum’s challenges and perceived shortcomings for retail users. Solana Beats Ethereum McCann critiques Ethereum for not being designed with retail in mind, pointing out its slow and expensive Layer 1 (L1) transactions, alongside the user…

Binance CEO sees Bitcoin soaring above $80k as demand continues to come

boss

Binance CEO Richard Teng predicts Bitcoin’s value will surpass the $80,000 mark amid increasing investments in crypto-backed exchange-traded funds. Binance CEO Richard Teng foresees Bitcoin’s price surpassing the $80,000 mark amid a surge in investments in crypto-backed exchange-traded funds (ETFs), Bloomberg reports. Teng, who became Binance CEO following the departure of the exchange’s founder Changpeng Zhao in November 2023, emphasized the substantial influx of capital from institutional investors into spot Bitcoin ETFs, particularly following regulatory approval for such products earlier this year by the U.S. Securities and Exchange Commission. Expressing…

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

boss

After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguard’s perspective on bitcoin during a […] Original

Vanguard Group’s outgoing CEO still not bullish on Bitcoin ETF

boss

Vanguard Group CEO Tim Buckley is standing firm in his decision not to offer the company’s customers spot Bitcoin (BTC) ETF investment opportunities, even though several competitors have already introduced them.  Buckley explains stance on Bitcoin ETFs Despite facing criticism from customers and ongoing inquiries about the firm’s plans to offer them, Buckley has remained steadfast in his strong opposition to Bitcoin exchange-traded funds (ETFs). Buckley highlighted Bitcoin’s extreme volatility and speculative nature, noting its lack of stability, reliability as a store of value, and absence of underlying cash flows…

Marathon Digital CEO predicts $43k Bitcoin break-even post-halving

Marathon Digital Holdings CEO Fred Thiel predicts that the break-even point for Bitcoin mining will climb to about $43,000 following the upcoming halving event.  This significant increase from the current industry average of $23,000 underscores the potential impact on miners’ profitability. Thiel shared these insights during a Bloomberg Television interview, highlighting the challenges and adjustments miners will face. Marathon Digital, a top U.S. Bitcoin mining company, is aggressively expanding its power infrastructure and deploying new equipment to mitigate the anticipated revenue drop from the halving. Thiel emphasized the company’s immediate…

How to Start Your Own Brokerage or Exchange – B2Broker CEO Arthur Azizov and CDO John Murillo

boss

B2Broker is a premier provider of liquidity solutions, white-label platforms, CRM systems and advanced trading mechanisms. Founded in 2014, B2Broker has consistently added new features and tools to its expansive liquidity and white-label offerings. With the contribution of B2Broker’s sibling companies – B2BinPay, B2Core and B2Trader, the group delivers a comprehensive suite of B2B brokerage […] Source