CEO

Recent developments surrounding the repayment of creditors and investors of the defunct Bitcoin (BTC) exchange, Mt. Gox, have sparked concerns about potential effects on Bitcoin’s price.  As the market retraced over 20% from its three-month high above $70,000, the movement of 47,000 BTC to repay creditors has raised questions about the market’s stability.  However, industry experts, including CryptoQuant CEO Ki Young Ju and Alex Thorn, head of research at Galaxy Digital, have offered insights into this development, suggesting that the…

The post Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO appeared first on Coinpedia Fintech News Recent, selling of sized bitcoin by the German government has exerted selling pressure that triggered panic among crypto investors. This move has somewhat resulted in Bitcoin’s price dropping by 4.3% in the past day and over 6.63% in the past week, pushing it below the $54,000 mark.  Perhaps, CryptoQuant CEO Ki Young Ju suggests that government Bitcoin sales may not have as…

Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the future of the industry, outlining several reasons why he believes the market will jump 44X from its current market capitalization.  Crypto Market To Hit $100 Trillion Market Cap  In a recent YouTube interview on the Blockworks Macro channel, Pal predicted that…

Olaf Carlson-Wee founded Polychain Capital to support innovative blockchain projects and transform financial systems. Polychain Capital raised $200 million in June 2024 for early-stage blockchain and crypto investments. Olaf Carlson-Wee’s journey into the cryptocurrency space started in 2012 when he was hired by Coinbase, one of the biggest exchanges globally. Carlson-Wee oversaw fraud prevention and security as the Head of Risk, a critical function in the early days of the cryptocurrency business. His early support of Bitcoin not only provided…

The post CoinStats Suffers $2 Million Loss in Crypto Hack, CEO Points to Social Engineering Tactics appeared first on Coinpedia Fintech News On the 22nd of June, CoinStats, a prominent crypto platform experienced a major security threat forcing them to stop all their services temporarily. $2 million worth of digital currency was taken off from some people’s wallets. Through quick intervention by company, the situstion was controlled to prevent more loss. Stealing away $2 million meant that almost 1.3% of…

The post Kraken CEO Jesse Powell Donates $1M in Trump Campaign appeared first on Coinpedia Fintech News Jesse Powell, one of the co-founders of the cryptocurrency exchange Kraken, made headlines by donating $1 million in Ether to Donald Trump’s 2024 Presidential campaign.  Though crypto donations are still down, will Trump change crypto’s fate? With industry big bulls’ support, things look promising.  Powell’s $1M Trump Card?  As the campaign gears up, Powell’s $1 million support for Trump is worth noticing, as…

The post Binance CEO Richard Teng Bullish on Bitcoin Despite Recent Price Drop: Here’s Why appeared first on Coinpedia Fintech News Binance CEO Richard Teng remains optimistic about Bitcoin (BTC) despite its recent price drop to $58K. On June 25, Teng shared a post on X and mentioned, “It’s hard to not be bullish,” giving rise to global discussions. Also, he highlighted the increased BTC adoption across the globe, reflecting on factors like significant rise in vendors accepting payments in…

The post Strike CEO Predicts $1 Million Bitcoin If History Repeats appeared first on Coinpedia Fintech News In a recent conversation with analyst Scott Melker, Jack Mallers, the CEO and founder of Strike, a global Bitcoin app, explained why he is a Bitcoin maximalist.  Scott asked him about the recurring cycles and drawdowns in Bitcoin prices, noting that people often get emotional and sell at the bottom, contributing to these patterns.  Melker suggested that we might be entering the next…

Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…