Crypto CEO “Convinced” Of Bitcoin Cycle Top, Warns Of Sell Side Intensity

Despite the best efforts by bulls for what has been several weeks now, Bitcoin price can’t seem to get back above $60,000 and spend any meaningful time above it. Fundamentals are as bullish as it gets for the top cryptocurrency, but bearish technicals might have finally caused sellers to step in. That’s according to one crypto company CEO, who has warned of sell side intensity increasing substantially in the last several hours. It’s caused them to be increasingly convinced that a cycle top is potentially in. Here’s a deeper look…

Former BitMEX CEO Arthur Hayes Surrenders to US Authorities

After living in Singapore since the charges were announced, Arthur Hayes has surrendered to U.S. authorities in Hawaii before posting a $10 million bail. No Country for Arthur Hayes Arthur Hayes will face trial for violating the Bank Secrecy Act after not taking enough measures to prevent money launder on his exchange BitMEX. Hayes accepted to fly to Hawaii, surrender, and be immediately released after posting a $10 million bail in a pre-arranged deal with authorities. He will now face trial in New York alongside his other co-founders Ben Delo,…

CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto

Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange, Binance, and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owning something. I actually prefer not to own anything,” Zhao said in a Bloomberg interview on Wednesday. He noted that various cryptocurrencies like Bitcoin (BTC) now make up nearly 100% of his entire net worth as he does not own any real estate or much fiat holdings. When asked how much of his…

Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’

David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today, Solomon was quizzed on the banking giant’s moves to adopt Bitcoin. The CEO kept his cards close to his chest but conveyed that the bank is keeping a close eye on digital currencies, amid increasing demand for crypto exposure from its clients: “We continue to think about digital currency and the digitization of money in a very proactive…

Shopify CEO muses integrating e-commerce giant into DeFi ecosystem

Crypto’s march towards mainstream adoption takes another significant step forward as the CEO of an e-commerce giant is publicly pondering how to integrate his company with the decentralized finance (DeFi) ecosystem. On Friday night, Shopify CEO Tobi Lutke posted a Twitter message asking the DeFi community what “role” Shopify could play in the growing financial vertical: Hey #DeFi Twitter. What are the commerce related opportunities that you are most excited about? What role do you want Shopify to play? — Tobi Lutke (@tobi) April 2, 2021 The inquiry drew hundreds…

TRON CEO Justin Sun Wins TIME’s Latest NFT Auction

Key Takeaways TRON founder and CEO Justin Sun has purchased one of TIME Magazine’s NFTs for more than $200,000 in ETH. The cover in question is 1965’s “The Computer In Society.” In recent weeks, Sun has also purchased Beeple’s “Green” NFT, a Warhol, and a Picasso for his NFT fund. Share this article TRON founder and CEO Justin Sun announced today that he has placed the winning bid on one of TIME’s non-fungible tokens. TRON Leader Wins Time NFT On Mar. 22, TIME Magazine announced a series of three non-fungible…

Making DeFi idiot-proof with Kava’s gamer CEO, Brian Kerr – Cointelegraph Magazine

According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of holders are never gonna touch their own keys.” Kava is a non-Ethereum-based DeFi platform that enables users to earn interest on the cryptocurrencies they hold. The investors Kerr hopes to reach are those who used an on-ramp like Coinbase or Binance to buy cryptocurrencies that are now sitting on the exchange. They are “worried about ‘fat-fingering’ and losing their funds in a transfer, or something…

One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO

Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat currencies. Responding to a question asking Powell for end of year price predictions, Kraken’s CEO said: “I think I said Bitcoin is going to infinity and that’s kind of hard to comprehend because I’m measuring it in terms of dollars.” Offering alternative measures for valuing Bitcoin, Powell speculated the value of Bitcoin may increase from its current ‘price’ or one BTC per Tesla Model 3…

CEO Yoni Assia reveals key details behind the move

Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” — all bubbling together to form what Assia labeled as “a perfect storm.” He added: “We’re seeing an immense interest all around the world from people who want to participate in the global markets, which was…

NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO

Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and blockchain content, check out and subscribe to Cointelegraph’s YouTube Channel! When adoption? It took over a decade for crypto to reach 100 million users, or ~1% of the global population, according to a study by Crypto.com. But Marszalek expects the next 100 million users to arrive in a far quicker time frame. He said: “Going from 100 to 200 million is going to be much,…