Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that the collapsed crypto exchange FTX is a scam, he stressed that its implosio...
Tag: Expects
Coinbase CEO Expects Drastic Fall in Crypto Sales This Year
2 hours ago | 2 mins read Exchange News According to Brian Armstrong, CEO of Coinbase, investor trust has been rattled. Armstrong’s estimate is in line with analysts’ projections of $3.2 billion. Coin...
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage – Mining Bitcoin News
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a b...
Coinbase Expects 2022 Revenue To Be 50% Lower Than 2021
Leading cryptocurrency exchange Coinbase anticipates a sharp decline in revenue this year. As a result of falling prices and the collapse of a competing exchange FTX, investors’ confidence has been sh...
Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange’s revenue this year will likely be cut in half or more from 2021’s sales number, blaming the state of the industry and shaken investor...
Nexus Mutual Expects Significant Loss From Maple Credit Pool
Smart contract insurance platform Nexus Mutual has revealed that it expects to take a significant loss on its investment in a Maple Finance Credit Pool. It was also revealed that the smart contract a...
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
In other updates, Marathon said it reduced its revolver borrowings to $30 million from $50 million and – after mining 472 bitcoin in November – has 4,200 unrestricted bitcoin and 11,757 total bitcoin ...
Jim Cramer says he expects ‘many layoffs’ at companies after Christmas
CNBC’s Jim Cramer on Tuesday predicted that more companies will trim their workforces after the holiday season. “I’m sure there’ll be many layoffs after Christmas. I don’...
Nexus Mutual expects $3M loss from Orthogonal Trading’s M11 loan default
Following Orthogonal Trading’s M11 loan default, decentralized insurance protocol Nexus Mutual has moved to withdraw all its assets from Maple Finance, as it expects to take a loss of roughly $3 milli...
Standard Chartered expects Bitcoin to plunge to $5K in 2023
A group of analysts within the financial service provider believes the Bitcoin price is way beyond reaching the end of its drop zone, citing more red signals come 2023. Bitcoin price will drop to $5K,...
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
The domino effect of companies embroiled in a crypto-lending liquidity crunch that followed the collapse of FTX continues, with Nexus Mutual now seeking to divest from the Maple Finance M11 Credit wET...
Veteran Investor Mark Mobius Expects Bitcoin Price to Fall to $10,000 – Markets and Prices Bitcoin News
Veteran investor Mark Mobius, the founder of Mobius Capital, expects the price of bitcoin to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still hav...
Bitcoin Price Will Not Reach $1 Million, David Gokhshtein Thinks, Here’s What He Expects
Yuri Molchan Here’s how high Bitcoin price may jump in future, per influencer David Gokhshtein, and it’s not $1 million per coin Founder of Gokhshtein Media, crypto entrepreneur and enthus...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse – Regulation Bitcoin News
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initia...
Vitalik Buterin and Elon Musk Will Work Together on DOGE Upgrade, David Gokhshtein Expects
Yuri Molchan Ambitious crypto enthusiast expects that in future Elon Musk and Vitalik Buterin will work together to improve Dogecoin Contents “I feel that we’ll all see Vitalik and Elon wo...
MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!
MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted: “Due to liquidations being previously dis...
Lemon Cash CEO expects more fintech layoffs in LatAm amid its own: Exclusive
Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region. Several other Latin America-based crypto companies have announc...
Mike Novogratz Expects Trust to Slowly Return After FTX Failure
The CEO of Galaxy Digital expects a slow grind to build trust with clients as back-to-back black swan events hit the crypto industry. In an interview with CNBC, Mike Novogratz, the CEO of Galaxy Digit...
Axie Infinity Struggles as Orbeon Protocol Expects 6000% Rise in Presale
Experts advise diversification when investing to mitigate risk, as many assets like cryptocurrency are volatile and different projects can fluctuate in value drastically. The recent bearish conditions...
Official Shiba Inu Burn Tracker Burns 127M SHIB In A Single Transaction, Expects to Burn More Tokens
– Advertisement – Shibburn incinerates 127.82M Shiba Inu tokens in one transaction. @Shibburn, the official Twitter handle that tracks Shiba Inu burns, has burned an astounding amount of ...
Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22 addressing the situation surrounding Genesis’ liquidity. A potentia...
A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World’s Population Hits 8 Billion
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty Earlier this week, the United Natio...
Stock Market Picks: How This Hot Manager Expects To Win In 2023
John Kornitzer, one of the very hottest mutual fund co-managers, expects a rocky stock market in 2023. X “Since it’s not an election year, the government doesn’t care,” said Ko...
Multicoin Expects FTX Contagion Dangers For Weeks To Come
In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain wri...
JPMorgan expects ‘a Category 1 economic hurricane’ in 2023
The economic hurricane that JPMorgan CEO Jamie Dimon warned about in June may be less intense than originally feared, according to a new report from the bank. On Wednesday, JPMorgan economists Michael...
Elon Musk Expects to Find Someone Else to Run Twitter
The notorious new “Chief Twit,” Elon Musk, may not be so for much longer. After buying Twitter and installing himself as its CEO late last month, the billionaire has revealed plans to leave the manag...
bitFlyer CEO Expects FTX Contagion to Spread Across Other Firms
The shock waves of the FTX collapse have spread across the entire crypto industry. As the second-largest crypto exchange collapsed, more than $200 billion were eroded from the crypto space in a week’s...
Disney reportedly freezes hiring and expects some layoffs
Disney CEO Bob Chapek has told division leads in a letter that the company is implementing cost cutting measures in part to help it “achieve the important goal of reaching profitability for Disn...
Binance CEO expects more regulatory scrutiny following FTX implosion
Binance CEO Changpeng Zhao said his firm backed out of the FTX deal because it did not make sense and the huge financial hole they would have had to cover. Speaking at the Indonesia Fintech Summit on ...
JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K – Markets and Prices Bitcoin News
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Resear...