Crypto News – Page 17

Matrixport appoints Anthony DeMartino as CEO to lead and build business in the US

Matrixport Group today announced the appointment of Anthony DeMartino as its US CEO as part of its ongoing international growth strategy. Matrixport’s expansion into the US demonstrates its firm commitment to better serve its clients and further develop the digital asset management industry. Mr. Anthony DeMartino, a financial industry veteran with global risk experience, joins the firm from Coinbase where he held several roles, including its head of risk strategies, institutional DeFi, and derivatives trading. DeMartino has over two decades of...

CNBC’s Jim Cramer Sees Bitcoin ($BTC) Drop to $12,000 Level It Had Before ‘Fiasco’ Began

Former hedge fund manager Jim Cramer, who has in the past said he directly owned Ethereum ($ETH) and told viewers to consider investing in Coinbase stock (NASDAQ: COIN) in August 2021, has said he sees the price of Bitcoin ($BTC) drop to $12,000 in the future. Cramer, the...

‘Expect pockets of forced BTC, ETH selling as market figures who’s swimming naked’

The crypto-market is finally at the end of much-needed relief after an intense sell-out period, or rather months. In the last 24 hours, Ethereum [ETH] rose by 14%, Bitcoin [BTC] rose by 11%, and the liquidation amount did fall to around $315 million. This uptick comes after a significant loss period, as is the case here…

Rising from the ashes?

The Purpose Bitcoin ETF, launched in February 2021, has seen consistent inflows over the years. However, given the market bloodshed, the ETF...

MicroStrategy CEO Michael Saylor’s Advice to Bitcoin Investors

During an interview on Wednesday (June 15), Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), talked about investing in Bitcoin. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase...

Celsius’ Withdrawal Freeze Created Ethereum ($ETH) Arbitrage Opportunity, Says Ark Invest Analyst

Celsius Network’s withdrawal freeze earlier this month created an Ethereum ($ETH) arbitrage opportunity for patient traders, according to Cathie Wood’s Ark Investment Management, as staked Ethereum tokens started trading at a discount. Ark analyst Frank Downing noted in a newsletter that the cryptocurrency lender generated yield through institutional...

5 Best Free Crypto Wallets in 2022: Reviews & Comparison

Today, free crypto wallets have become much more sophisticated. They offer a wide range of features that cater to the needs of different users. People no longer look for paid wallets because they can find everything they need in the free wallets. From security to privacy, they have it all.

What is a Free Crypto Wallet?

Free crypto wallets are those that don’t require users to pay any fees to join or use them. This means that you don’t pay anything...

Huobi plays a vital role in the transformation of Web2 to Web3

The “Metaverse” has become the topic for the year, and the focus of discussion even among those outside of the blockchain industry. However, it is not the metaverse per se that has been grabbing attention worldwide. Rather, it has been another concept that has drawn the eyeballs of the technology and venture capitalist spaces. Some industrial players believe that the arrival of this concept could completely change current economic and social operation models, signaling a new era in the digital...

Fidelity Investments CEO on Her ‘Third Crypto Winter’

On Thursday (June 9), Abby Johnson, Chair and CEO of Fidelity Investments, talked about the crypto during a fireside chat with Matthew Walsh, Founding Partner at Castle Island Ventures, on the first day of the Consensus 2022 event (June 9-12, 2022) in Austin, Texas. The Fidelity CEO said...

CNBC’s Jim Cramer Says ‘Fortunes’ Have Been Made From Speculating on Crypto

On Wednesday (June 8), former hedge fund manager Jim Cramer shared his latest thoughts on crypto and in particular how it should be viewed by investors. Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is also a co-anchor of CNBC’s “Squawk on the Street“,...

Can Ethereum 2.0 encourage $350 million worth of institutional investment

June is important for two reasons for the crypto market. Firstly it marks the end of the second quarter, and secondly, the end of June will also mark the arrival of the Merge. The highly anticipated event is expected to be a turning point for Ethereum [ETH] and maybe for the ones investing in the token as well.

It’s up and up for ETH

Probably not, but the transition to Proof-of-Stake (PoS) is definitely expected to help Ethereum recover from its...