Bitcoin ETF Approval Could Propel BTC to $150,000: Mark Yusko’s Bullish Forecast

Mark Yusko, CEO of investment firm Morgan Creek Capital, suggested that if a spot bitcoin ETF is approved in the U.S., the BTC exchange rate would rise to $150,000 by the middle of next year. During an interview with Kitco News, Mark Yusko said that the crypto community is excited about the possi ...

Coinbase CEO Warns U.S. Regulators: Negative Stance on Cryptocurrencies Benefits China

The CEO of major U.S. cryptocurrency exchange Coinbase Brian Armstrong believes that the negative stance of U.S. regulators on cryptocurrencies only plays into the hands of China and other countries. In an article for MarketWatch magazine, Brian Armstrong noted that the cry ...

Strike Expands Global Presence, Introduces Plastic Cards with Stablecoins in 65 Countries

Provider Lightning Network will operate in 65 countries And will issue plastic cards with stabelcoins Payment company Strike announced plans to expand its global presence. They are moving their headquarters from Chicago to El Salvador, a country where bitcoin is ...

Bittrex Global CEO Predicts Cryptocurrencies’ Integration into Traditional Finance

Bittrex Global CEO Oliver Lynch believes that in 5-10 years, cryptocurrencies will become full-fledged participants in the traditional financial system. During the Bitcoin Miami conference, Oliver Linch noted that U.S. regulators look at cryptocurrencies through the lens of ...

Bit Digital Expands Mining Operations in Iceland Amidst U.S. Regulatory Pressure

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

Hedge Fund Manager Paul Tudor Jones Expresses Concerns Over Bitcoin Amid Regulatory Pressures

Hedge fund manager Paul Tudor Jones, who has always advocated investing in bitcoin, said that the first cryptocurrency has become less attractive in the current regulatory and economic situation. During CNBC's Squawk Box program, Paul Tudor Jones noted that U.S. regulators ...

Binance CEO Changpeng Zhao Seeks to Reduce Stake in Binance.US

Binance CEO Changpeng Zhao is trying to reduce the number of shares he owns in the American division of the exchange. According to The Information, Zhao has been trying to reduce his ownership stake in Binance.US since last summer, at which time the Securities and Exchang ...