Blockchain.com president says this may finally be the Bitcoin’s moment

2023-3-29 21:33

Blockchain.com president Nic Cary is optimistic on Bitcoin. He explained his view in a recent interview with CNBC. Bitcoin is already up more than 60% versus the start of 2023.

Bitcoin is already up more than 60% versus the start of the year but the President of Blockchain.com says it’s not out of room to run just yet.

The bull case for Bitcoin

Nic Cary is convinced that the recent bank failures bode well for future prospects of the world’s largest cryptocurrency. In a recent CNBC interview, he said:

This maybe the moment we’ve been waiting for. Last three weeks have battle tested it [BTC]. We’re starting to see retail users get excited again and new institutional clients are knocking on our door.

Retail activity at Blockchain.com soared about 176% over the past ten days, he confirmed. Other reasons cited for the optimistic view include the central bank that’s added nearly $400 billion to its balance sheet this month.

Why else is he optimistic on BTC?

Higher rates, Cary added, are also contributing to putting an end to the so-called crypto winter.

Last week, the U.S. Federal Reserve opted to lift rates by another 25 basis points despite the ongoing banking crisis.

Crypto is cyclical. Usually, you have an okay year, an incredible year, a pretty bad year where thins correct and ten you have a year where it bubbles up again. We’re starting to see that trend play out.

The total supply of Bitcoin is scheduled to halve again in April of 2024 – an event that he expects will also be a positive catalyst for BTC.

The post Blockchain.com president says this may finally be the Bitcoin’s moment appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 67611.92 (+0.00%)
Îáúåì 24H $26.669b
Èçìåíåèÿ 24h: -1.36 %, 7d: -2.17 %
Cåãîäíÿ L: $67343.07 - H: $67682.79
Êàïèòàëèçàöèÿ $1332.306b Rank 1
Öåíà â ÷àñ íîâîñòè $ 27389.23 (146.86%)

bitcoin president blockchain versus start cnbc interview

Èñòî÷íèê: coinjournal.net

bitcoin president → Ðåçóëüòàòîâ: 126


Ôîòî:

Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […]

2021-6-17 21:23


Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman

Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […]

2019-7-12 16:01


President Donald Trump fires his first salvo against Bitcoin; gets invited to lunch by Tron’s Justin Sun

A charity lunch with investment mogul, Warren Buffett, grabbed the attention of the crypto-community after Tron CEO Justin Sun won an auction for the same. When news of Sun’s ‘date’ with Buffett got out, Sun shared that he wanted to clear the air surrounding cryptocurrencies and their value, since according to him, much of the […] The post President Donald Trump fires his first salvo against Bitcoin; gets invited to lunch by Tron’s Justin Sun appeared first on AMBCrypto.

2019-7-12 09:04


Ôîòî:

New ECB Boss Christine Lagarde Could Enact Bitcoin Friendly Legislation

Bitcoin and crypto-supportive legislation could be on the way now that Christine Lagarde has been selected to serve as the new European Central Bank president. Will the ECB Support Bitcoin? Recently nominated European Central Bank (ECB) president Christine Lagarde has a history of making statements which cryptocurrency investors interpret as being supportive.

2019-7-8 23:02


Bitcoin’s search interest higher than President Donald Trump; Twitterverse divided on Facebook’s Libra

Coinbase’s new research report dubbed, “The United States of Crypto,” gave the community an insight into growing crypto-awareness in the USA. This report was validated by the fact that recent Google Trends data suggested that search interest for Bitcoin surpassed the likes of several A-list celebrities, including Kim Kardashian.

2019-7-5 16:00


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

How Neon EVM blends Ethereum and Solana to boost blockchain app development: Interview

In a rapidly evolving blockchain landscape, Neon EVM emerges to bridge the gap between the Ethereum and Solana ecosystems. In this insightful interview, Davide Menegaldo, Neon EVM’s Chief Commercial Officer, sheds light on the platform’s innovative approach to improving user experience and driving mainstream adoption of decentralized applications (DApps).

SafePal CEO says its time for Web3 to mature, advocates for shift in focus – Interview

In an industry where innovation and disruption are the norm, Veronica Wong, CEO and Co-Founder of SafePal, offers a refreshing yet provocative perspective on the evolution and future of Web3. With a blend of realism and foresight, Wong dissects the Web3 landscape, emphasizing the need for a strategic balance between pioneering spirit and pragmatic application.