CEO

Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion, capitalizes on the burgeoning BTC derivative markets for enhanced scalability and liquidity in delta hedging practices. Ethena Labs’ ambitious goal is to leverage the considerable growth of BTC open interest, which has seen a substantial rise from $10 billion to $25 billion in just one…

Former President Trump and President Biden are set to go head-to-head in the September U.S. presidential elections in what will be a close call, according to political experts. Cardano Foundation CEO has revealed that the team has been approached by the states about potentially developing a blockchain voting system. With the upcoming U.S. elections pitting two of the greatest political rivals together, there is a great need for transparency and efficiency. It has emerged that Cardano could be a sought-after…

Bitwise Asset Management, a provider of cryptocurrency index funds, wants the U.S. Securities and Exchange Commission (SEC) to defer approval for a spot Ethereum Exchange-Traded Fund (ETF) until December. Bitwise Chief Investment Officer Matt Hougan told Forbes in an interview that the industry’s focus on Bitcoin-related products may hinder the necessary attention required for the development and approval of an Ethereum ETF. Spot Bitcoin ETF Success and Market Readiness The move comes in the wake of the company’s achievement with…

Polygon Labs CEO Marc Boiron has heavily criticized Layer-3 networks for drawing value and security away from Ethereum, leading to a potential risk to security on the network.  The criticism comes as meme coin trading activity has seen exponential growth on Degen, a Layer-3 network running on Base, which in turn runs on Ethereum.  Not A Fan Of Layer-3 Networks  Boiron denounced Layer-3 networks, citing their potential risks to the security of Ethereum. The comments come as a new Layer-3…

The post Bitcoin Price Hit New ATH This Weekend – Predicts Blockstream CEO appeared first on Coinpedia Fintech News Blockstream CEO Adam Back is bullish on Bitcoin and predicts a new ATH this weekend. As per the recent tweet, the odds are high for Bitcoin prices to reach new highs this long weekend.Adam Shared the top catalyst fueling BTC Price; first, traditional markets are closed and thus GBTC cannot be dumped. Second, the coinbase won’t crash again as the volume…

Over the last week, Bitcoin (BTC)  investors enjoyed much profit as the crypto asset gained 9.34% to trade above $71,000 based on data from CoinMarketCap. Currently, most of the BTC market is highly expectant of the potential large price gains that the current bull cycle could present.  However, commenting on the immediate future, Bitwise CEO Hunter Horsley has stated that the upcoming halving event – a key part of the bull cycle – could be the most significant in Bitcoin’s…

In March, the CHO token turned heads with its astonishing growth of over 300%. Noteworthy, a sharp 90% jump in price occurred in a week when Bitcoin lost $10,000 at a single stroke, facing a steep pullback from its new all-time high (ATH) of $73,750. Some might say it’s so curious, but not CHO holders, as they got used to seeing the token defy market troubles. And all thanks to the continuous improvement of its parent product, Choise.com.  Today, we…

BlackRock CEO Larry Fink shared his insights on the financial markets, highlighting his optimism toward Bitcoin’s future. Fink, who steers the world’s largest asset management firm, expressed a bullish stance on Bitcoin, which has seen a significant upsurge in value. This enthusiasm is rooted in the cryptocurrency’s growing market liquidity and transparency, factors that have pleasantly surprised the financial mogul. BlackRock CEO Larry Fink Is Bullish on Bitcoin Larry Fink’s comments offer a rare glimpse into the mindset of a…

The post BlackRock CEO: Ethereum ETF Still in Play, Regardless of Security Tag appeared first on Coinpedia Fintech News The world of cryptocurrency is abuzz with talk of a potential Ethereum ETF, and BlackRock, the world’s largest asset manager, is throwing its weight behind the idea. Larry Fink, BlackRock’s CEO, has expressed confidence that an Ether-based ETF could be launched, even if the SEC classifies Ether (ETH) as a security. This news comes amidst ongoing scrutiny by the SEC regarding…