In the past few years, the crypto industry has been expanding at a huge scale. Many have taken advantage of this growing field. Their efforts are notably seen and considered as important contributions and successes in the crypto industry.
The functionality of Crypto depends on tech and finance. Both are male-dominant sectors. Still, more females are getting into the crypto industry as investors, founders, or part of the workforce.
Companies like Chainanalysis have a 50% representation of women in its board members. However, many other companies are struggling to have 20% female representation on the board.
Some of the female opportunists in the field who are also influential are discussed below.
Cathie Wood
Cathie Wood is famous for her successful crypto bets. She is ARK’s CEO and chief investment officer. Even in the bear crypto market, her strategic bets resulted in successful purchases.
She made a bet on Coinbase. Wood bought the Coinbase stock despite an open lawsuit from the U.S. Securities and Exchange Commission. In the first and second quarters of 2023, she purchased almost 3 Million shares at an average price of $59 per share.
ARK also purchased shares after the price dropped 20% overnight due to the acquisitions made by the SEC. In the fourth quarter of 2023, the price of shares started increasing, and ARK began to sell off, following the trader’s textbook strategy of buying at the dip and selling the rip.
It showcases that Wood has a good instinct to predict the crypto market. She is considered one of the best high-level traders of the year. Cathie has highlighted her interest in the latest hot trend of crypto traders, the convergence between Bitcoin and AI.
She tweeted, it will result in a collapse in costs and an explosion in productivity. She also suggests that the BTC will hit $1.48 Million per coin by 2030.
Tiffany Fong
Tiffany Fong is a content creator who became aware of crypto when given a Bitcoin as a gift by some relative on Christmas in 2011. The crypto community became aware of her when leaked information was provided to her regarding FTX and Celsius.
When the matter of Celsius was going around, Sam Bankmen Fried reached her. After several messages, she conducted a telephone interview with him. It is for non-journalistic purposes. However, she later revealed the interview as the interview had several controversial comments. Fried accepted in an interview that he made secret donations to the U.S. Republican party.
According to Fong, SBF wanted to use her to clarify that he did not pay $250 Million cash for this bail. This incident has made her one of the most influential sources in crypto in 2023.
She exclusively covers the news series of SBF in her YouTube video. She claims to have many unpublished audio recordings of the SBF and saved documents of interactions.
Hester Pierce
Hester Pierce is a lawyer and commissioner in the SEC. She has been vocal about her disagreement with Gensler, the chief of the organization. She raised her voice against his approach to spot Bitcoin ETF applications.
Hester said that she wouldn’t have expected the SEC that far behind in finding a solution to the regulatory framework of cryptocurrencies. Pierce added that other countries are making clear crypto guidelines and are attracting crypto businesses. However, she said that it’s not too late and that crypto firms should not lose hope in the United States.
Hester Pierce once tweeted – “SEC is a regulatory agency with enforcement division, not an enforcement agency then why are we leading with enforcement in crypto.” Her brave stance against Gensler is favored by many crypto enthusiasts.
Sandy Kaul
Sandy Kaul is the head of digital assets at Franklin Templeton. She also holds the position of head of industry advisory services at Franklin Templeton. Kaul has favored investment funds to allocate a certain percentage to Bitcoin or other cryptocurrencies. In September 2023, Franklin Templeton filed for a spot in the Bitcoin ETF.
She is forcing BTC to be adopted as a store of value. She believes that companies should allocate a certain percentage of their treasuries to Bitcoin.
Elizabeth Stark
Elizabeth Stark is the CEO and co-founder of Lightning Labs. She is a blockchain entrepreneur, instructor, and supporter of the open internet. The lady has a strong view to make BTC optimal to be used as a currency for daily transactions. To make Bitocin serve as a currency, the Bitcoin network needs a layer-2 scaling solution like the Lightning Network.
Stark’s team has helped the Lightning Network grow over 1,200% in terms of routed transactions.
Gracy Chen
Gracy Chen is the Managing Director of Bitget. She is a passionate crypto enthusiast. Chen has highlighted the gender bias and challenges she experienced in her early days as a founder.
She said that crypto is a fast-evolving space that changes daily, so her first advice is to read, get educated, and update yourself. Gracy always supported women by saying “ Forget your gender just work on your competitive edge, and deliver the result.”
Cynthia Lummis
Cynthia Lummis is a U.S. Senator who highlighted the positive side of Bitcoin mining. She emphasized how Bitcoin mining could help stabilize the energy grid and also declared that Bitcoin is cleaning up the environment when used to recycle the misuse of energy.
Lummis also tried to tackle the illicit use of cryptocurrencies. She tweeted that when it comes to illicit finance, crypto is not the enemy of bad actors. Thus, she stands in some rare of politicians who rather than blaming Bitcoin blame the illicit actors.
Summary
The above-provided names are influential because they have weightage in their words. Their actions and predictions have resulted in the way they have predicted the crypto industry.
These women are making their way in the crypto sector due to their commendable qualities and contributions.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
Source: https://www.thecoinrepublic.com/2023/12/31/know-the-most-influential-women-in-crypto-and-their-work-in-2023/