Tag: CEO

Crypto Dispensers Weighs $100M Sale After CEO Indicted

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Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges. In a Friday press release, the company announced that it has hired advisors to conduct a “strategic review” and explore buyer interest. Crypto Dispensers mentioned its 2020 shift away from physical ATMs toward a software-driven model, a transition it says was meant to address rising fraud, compliance pressure and regulatory scrutiny. CEO Firas Isa described the sale review as part of the firm’s next growth phase. “Hardware…

Crypto Investors Are Now Value Investors, CryptoQuant CEO Reveals Why

Key Notes In an X post, CryptoQuant CEO noted that crypto investors are becoming value investors. This suggests that the era where digital assets were synonymous with speculation is gradually ending. TradFi is pushing for the tokenization of private shares and assets. Ki Young Ju, CEO of CryptoQuant, has made a post in X suggesting that the current cryptocurrency price dip masks a shift to value investing. He claimed that this new era is driven by Traditional Finance (TradFi) integration, like tokenized Real World Assets (RWAs). This comes as Bitcoin…

Bitcoin market crash fall wasn’t unique to crypto: Binance CEO

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Binance CEO Richard Teng says crypto’s recent volatility mirrors broader market conditions amid global deleveraging. Summary Binance CEO Richard Teng says crypto is not uniquely affected in the recent crash Investors in all markets are changing their risk assessments over macro uncertainty While volumes across the crypto market dipped, there are no structural shifts or liquidity issues Bitcoin’s sharp 21% decline over the past month may have spooked retail traders, but Binance’s CEO Richard Teng says there’s no need for panic. On Friday, November 21, Teng spoke at a media…

CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting

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Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January.  Hoskinson’s Optimistic Bitcoin Price Forecast Hoskinson’s optimism was based on his belief that international negotiations, particularly between the US and China, would favor Bitcoin’s growth.  The Cardano founder suggested that easing tariffs would lead to a positive market reaction and bolster adoption,…

Bitcoin Bottom At $56,000? CryptoQuant CEO Presents The Data

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CryptoQuant CEO Ki Young Ju has put a clear reference level on the current Bitcoin correction – but is adamant it should not be mistaken for a prediction. “Many people seem to be misunderstanding this, so let me clarify,” he wrote. “I am not saying $56K is the bottom. I am saying the realized price is 56K. If you follow the cycle theory, that level would be the bottom. But I think the cycle theory is broken, and the price could flip at any time depending on macro conditions and…

Crypto’s Long-Term Fundamentals ‘Have Never Been Stronger’ — Bitwise CEO

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The crypto market’s long-term fundamentals look promising, despite the shakeup in October and November that has left asset prices down and investor sentiment to crater, according to Hunter Horsley, CEO of investment firm Bitwise. Horsley said the four-year market cycle is dead, replaced by a more mature market structure and changed dynamics due to the pro-crypto regulatory pivot in the US. He said in a Friday X post: “Since the launch of the Bitcoin ETFs and new administration, we’ve entered a new market structure: new players, new dynamics, new reasons…

With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market

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Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.  In light of this, Bitwise CEO Hunter Horsley made some thought-provoking remarks about the current market conditions, suggesting that a bear market cycle has been playing out for the past six months. New Bullish Phase Ahead For Bitcoin? In a post shared on social media platform X (formerly Twitter), Horsley emphasized the shift in market dynamics, stating, “We talk about…

Ethereum Treasury Company Appoints New CEO Amid Buying Spree

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BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly traded companies. In a Friday notice, BitMine announced that Chi Tsang would succeed Jonathan Bates as the company’s CEO, effective immediately. The Ether (ETH) treasury company reported holding more than 3.5 million tokens as of Monday, bringing its valuation to more than $11 billion at a price of $3,175.  “With its substantial Ethereum holdings and credibility with both Wall Street and the Ethereum ecosystem, BitMine is positioned to become a…

PUMP Jumps as 11% Supply Bought — CEO Questions the Move

Key Notes PUMP trades 7.2% lower, holding above key support at $0.0034. DeFiance Capital’s founder questions why price lags despite major buybacks. Community concerns grow amid fading meme coin hype. Pump.fun (PUMP) has slipped 7.2% in the last 24 hours, trading just above a crucial support zone at $0.0034. PUMP, one of the top meme coins, has been in a persistent two-month downtrend, losing roughly 58% of its value since mid-September. This PUMP price drop has sparked criticism across the crypto community, including from Arthur Cheong, founder of DeFiance Capital.…