Nexo Co-Founder Predicts Bitcoin Could Reach $100K ‘Within 12 Months’admin
Antoni Trenchev, Co-Founder and Managing Partner of Nexo, “the world’s largest and most trusted lending institution in the digital finance industry”, is expecting the Bitcoin price to get to $100,000 within a year.
According to a report published by CNBC earlier today (April 14), the Nexo managing partner told CNBC that although he us concerned about Bitcoin in the short term — since its price might fall along with other risk-on assets such as U.S. tech stocks as the Federal Reserve continues tightening monetary policy by increasing interest rates — he still believes that “within 12 months” we should see the Bitcoin price hitting $100K.
Earlier today, Nexo announced its newest feature: MetaMask integration. Nexo says that using the MetaMask crypto wallet web extension on its platform, “clients can now interact with their on-chain wallet, setting up MetaMask as a single-click top-up source.” It also mentioned that three benefits this integration brings are “effortless transfers”, “exchange versatilty”, and “flexible gas fees”.
Nexo went on to say:
“Making it possible for our users to use their MetaMask Wallets directly on the Nexo platform creates a new level of usability for our products and the assets we support. The integration provides seamless interaction with users’ on-chain wallet and serves as an intuitive on/off-ramp for various cryptocurrencies. It also helps with eliminating transaction errors and is yet another way clients can use Nexo’s multichain bridge between the Ethereum mainnet and Polygon.“
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
Featured Image by “petre_barlea” via Pixabay
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