The value of the cryptocurrency market could almost double to $5 trillion by the end of the year, propelled by the January“I’m very optimistic. I think the macro trends, the big picture things like the ETFs, they’re driving, for the first time, real institutional money,” Garlinghouse said in an interview with CNBC. “You’re seeing that drives demand, and at the same time demand is increasing, supply is decreasing,” said Garlinghouse., scheduled for April 20.
“One of the things actually I’ll say on the macro tailwinds for the industry: I think we will get more clarity in the United States,” he said. “The U.S. is still the largest economy in the world, and it’s unfortunately been one of the more hostile crypto markets. And I think that’s going to start to change, also.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple CEO expects crypto market cap to double by year-end: CNBCBrad Garlinghouse said in the interview that he is 'very optimistic' about macro trends in crypto such as the ETFs and the upcoming halving.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet AmbitionsSupporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Leads Downturn as Global Crypto Market Cap DecreasesThe global cryptocurrency market experienced a significant downturn, with Bitcoin leading the way. The market cap decreased by 6.39% in the last 24 hours, reaching $2.46 trillion. Bitcoin's value also dropped by 5.92% to $65,373.26.
Source: Utoday_en - 🏆 295. / 63 Read more »
Ripple CEO Expects Crypto Market to Double in Value This YearRipple CEO Brad Garlinghouse predicts that the entire value of the crypto market will double this year, driven by the arrival of the first U.S. spot bitcoin exchange-traded fund and the upcoming bitcoin halving. He also cites positive regulatory momentum in the United States as a factor that will contribute to the market's growth.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Crypto Market Update: Why is Crypto Suddenly Making Us Feel Like Irrational Geniuses?The total market cap is sitting pretty at a cool $2.66 trillion, and Bitcoin is the king of the castle again at 51.56%.
Source: hackernoon - 🏆 532. / 51 Read more »