Tag: Optimistic

XRP price disappoints after court ruling, Deaton remains optimistic

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Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton. Deaton addressed a post from a user named Moon Lambo on X (formerly Twitter), who criticized complaints from certain investors about slow price gains in digital currencies year-to-date. Moon Lambo said XRP has grown by 85% this year, implying a positive overall trend. Several weeks have passed since Judge Analisa Torres delivered the highly…

Circle CEO Jeremy Allaire optimistic about bitcoin ETF approvals

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jeremy Allaire, the co-founder and CEO of Circle, expressed optimism about the potential approval of bitcoin exchange-traded funds (ETFs) during an interview at the World Economic Forum in Tianjin, China. Allaire believes that regulators’ previous concerns regarding bitcoin ETFs will soon be resolved, paving the way for authorized ETFs. He noted the progress in developing more mature market structures to support these financial instruments. Allaire told Bloomberg, “You have mature spot markets, well-regulated custody infrastructure, and…

Erik Yates optimistic on bitcoin as the future of banking

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Eric Yakes, author of “The 7th Property,” shares his practical vision for a bitcoin native banking system in an interview, where he explores the potential for Fedimints to revolutionize free banking in the digital age. As the world becomes increasingly digitized, there is growing interest in the potential for a bitcoin native banking system. In a recent interview, Eric Yakes explores free banking and digital currency in depth on a global level. Yates noted that there are only two reasonable scenarios for bitcoin, the worst-case scenario is that it is…

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic – Bitcoin News

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Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project Solana has faced renewed criticism after the blockchain network experienced its tenth downtime on Feb. 25 and into the following day. The network was widely mocked on social media and forums, including r/cryptocurrency. In one…

Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes

According to a declaration filed by Genesis interim CEO Derar Islim, the company has more than $5 billion in liabilities – a sum considerably larger than its assets which, according to a presentation to the court on Monday, include approximately $150 million in unencumbered cash, $500 million in digital assets, $385 million in brokerage accounts and $505 million in outstanding loans to third parties. Also among the assets are large sums owed by its parent company, Digital Currency Group (DCG) – a $575 million loan maturing in May and a…

Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’ – Regulation Bitcoin News

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Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolved in the first half of this year. “I feel very good about where we are relative to the law and the facts, the Ripple executive said. Ripple CEO Feels ‘Optimistic’ About SEC Lawsuit The CEO of Ripple Labs, Brad Garlinghouse, shared his view on the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the…

Ripple CEO optimistic about US ‘regulatory clarity for crypto’

Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress, Garlinghouse shared his hopes of 2023 being the year the U.S. gained regulatory clarity for crypto and added support for regulation is “bipartisan & bicameral.” Today is the first day of the 118th Congress. While prior efforts at regulatory clarity for crypto in the US have stalled, I am cautiously optimistic that 2023…