Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements
Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per the report, Novogratz described the current phase in the crypto market as a consolidation period. He emphasized that Bitcoin, Ethereum (ETH), and other cryptocurrencies, including…
1 year ago
Tether CEO Dismisses SEC Probe Rumors, Calls Them Malicious FUD
Tether CEO Paulo Ardoino has slammed Ripple chief Brad Garlinghouse for his comments about enforcement action against Tether, adding he was spreading fear, uncertainty, and doubt (FUD) about USDT. Ripple has plans to launch its own stablecoin product in the near future. Ripple CEO Claims Authorities Going After Tether Tether has been able to carve out a dominant position in the market thanks to its USDT stablecoin, which boasts the highest trading volume and market capitalization among stablecoins. However, Tether…
1 year ago
Tether CEO Paolo Ardoino Challenges Ripple’s Brad Garlinghouse on USDT Accusations
Tether CEO Paolo Ardoino refutes claims by Ripple’s Brad Garlinghouse about US government actions against USDT. Ardoino emphasizes USDT’s crucial role in financial inclusion and stability in emerging markets. In the rapidly evolving world of cryptocurrencies, Paolo Ardoino, CEO of Tether and CTO of Bitfinex, has responded to comments made by Ripple CEO Brad Garlinghouse. Despite Ripple being under a prolonged investigation by the U.S. Securities and Exchange Commission (SEC) and its plans to launch a competing stablecoin, Garlinghouse has…
1 year ago
dYdX Trading Inc Founder Antonio Juliano Steps Down As CEO, Token Takes a Hit
Antonio Juliano, the founder of dYdX Trading Inc., has announced his decision to “step down” as Chief Executive Officer (CEO), citing a mix of “personal and professional reasons.” This move marks a significant change for the company behind the decentralized derivatives exchange dYdX. Juliano will transition to the roles of Chairman and President, with Ivo Crnkovic-Rubsamen set to take over as CEO. Juliano Reflects On His Tenure And The Evolution Of dYdX Juliano’s tenure as CEO saw dYdX grow into…
1 year ago
Revolutionizing DeFi Access and Memecoin Adoption: Interview with CEO of Degen Express, Riff Goatski
The decentralized finance (DeFi) industry has seen exponential growth, with the total value locked (TVL) in DeFi protocols soaring to $100 billion in Q1 2024. However, the current DeFi landscape is often fragmented and difficult to navigate, presenting significant challenges for both degens seeking early exposure to new protocols and for protocol creators looking to gain traction and visibility. This disconnect has hindered the growth and adoption of many promising DeFi initiatives — including the most underrated of them, the…
1 year ago
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CEOBitfarms Shares Plunged After CEO Firing
Bitfarms announced the termination of Geoffrey Morphy as its interim President and CEO. This decision came shortly after Morphy filed a lawsuit against the company, seeking $27 million in damages for claims including breach of contract and wrongful dismissal. Bitfarms Shares Fall Over 6% The company has dismissed Morphy’s claims as baseless and has vowed to defend itself vigorously in the Superior Court of Ontario. Morphy’s termination marks a tumultuous period for Bitfarms, which is currently navigating various challenges in…
1 year ago
CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies
The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin Magazine, who disclosed his involvement in advising Trump’s campaign to adopt policies favorable to the crypto industry. Bailey’s Bombshell: Advising Trump For A Pro-Crypto Future Bailey, a prominent figure in the cryptocurrency community, shocked many when he unveiled his team’s role in…
1 year ago
Ripple CEO Reveals Big Win Against SEC
The post Ripple CEO Reveals Big Win Against SEC appeared first on Coinpedia Fintech News In a recent episode of Chris Vasquez’s Worldclass podcast, Ripple’s CEO Brad Garlinghouse revealed the biggest achievement of the company during the lawsuit of Ripple vs SEC that has been running for the past 4 years. Brad shared that dark times started for the company when Ripple got sued. He also shared that last year when the federal judge Analisa Torres ruled that XRP sales…
1 year ago
Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When
Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto. When Bitcoin Will Hit $1 Million In an interview with Pirate Wires, Dorsey mentioned that BTC could hit $1 million in 2030 and beyond. In addition to predicting Bitcoin’s future trajectory, Dorsey took time to appreciate the Bitcoin ecosystem. He remarked…
1 year ago