News list for " Information Officer"
Goldman Sachs private wealth chief information officer: "We do not recommend investing in cryptocurrencies as an asset class."
Matt Hougan, chief information officer at Bitwise, said: "I think bitcoin is still in its early stages. I think bitcoin will remain a challenger asset until it reaches the same size as the gold market. It's still maturing."
Rick Rieder, BlackRock's chief information officer, said he still expected the FOMC to cut rates by 25 basis points in December. Rieder said the current target range for the federal funds rate of 4.5% to 4.75% is restrictive. After the December rate cut, the Federal Reserve is expected to pause interest rate cuts, and the FOMC will evaluate the number and speed of rate cuts. By 2025, the Fed is expected to cut rates at least twice, although Rieder did not give a specific time.
Ari Paul, founder and CIO of digital asset investment firm BlockTower, posted on social media that he is currently in the early part of the overall bull market (i.e. probably 70% progress, or 66% progress). Recent buyers are preparing for a 6-12 month rally, more institutional than retail speculation. He personally expects the market to produce a fairly gradual rally at this stage, which could see 90,000 USD or even 125,000...
Matt Hougan, the CIO of crypto asset manager Bitwise, said the US election results, the economy and the lack of major surprises in the crypto industry were the three main factors affecting the likelihood of Bitcoin "rising" to $80,000 this quarter. By the end of 2023, Bitwise forecasts that the price of bitcoin will double from $42,400 at the time to more than $80,000 by the end of this year, and points to the approval of a U.S. spot bitcoin exchange-traded fund and the fourth bitcoin halving ev...
Tim Horan, chief information officer for fixed income at Chilton Trust, said strong job creation confirmed the Fed's approach and suggested a soft landing was just around the corner. Horan said that the higher-than-expected 254,000 of new non-farm payrolls in September allowed the Fed to be absolutely pragmatic, and even consider pausing (rate cuts) in November to digest the election results without worrying about falling behind the curve. With the job market performing quite well, the Fed can a...
On September 22nd, Ari Paul, founder and CIO of BlockTower Capital, objected to CryptoQuant CEO Ki Young Ju's affirmative view of CZ, saying that CZ committed the same crimes as SBF. If the federal government wants, he can be imprisoned for life. CZ stole customer deposits and gambled. He has dozens of charges and defrauded the retail industry in dozens of ways.
Matt Hougan, chief information officer at Bitwise, said that ETH now appears to be deserted, but as the year draws to a close, its underperformance in price could be reversed. The report argues that ETH's recent underperformance stems from risks associated with the November US Presidential Election, increased competition from Solana and other blockchains, challenges in token economics, and mixed reactions to the launch of spot exchange-traded funds (ETFs) in the United States. Hougan pointed out...
Cyber Capital founder and CIO Justin Bons said in an X post that Tether is a $118 billion scam; larger than FTX and Bernard Madoff's total scams, no proof of reserves, and never audited; USDT is printing counterfeit money (fraud) was found to have forged documents, concealed identities and lied about reserves.
On August 18, Bitwise CIO Matt Hougan posted on social media that after reviewing the 13-F filings submitted by various institutions a few days ago, he made some preliminary summaries based on the bitcoin ETF holdings in the second quarter, including: Institutions are still increasing their holdings, and the trend is still there: the 10 bitcoin spot ETFs totaled 1,924 institutional holders in Q2, up from 1,479 in Q1, an increase of about 30%.
August 1st news, Bitwise CIO Matt Hougan believes that the market is "not optimistic enough" about Bitcoin, and investors need to rethink the potential upside of the mainstream cryptocurrency after the Bitcoin 2024 conference. Hougan believes that political support may be due to the growing popularity of cryptocurrencies among Americans. The industry's strong lobbying influence in Washington has prompted many politicians to...
Ari Paul, CIO of BlockTower Capital, said the idea of the US government holding a strategic reserve of bitcoin could be positive for its price, but it is not realistic to actually achieve it in the short term. I am 10:1 against the US using bitcoin as a strategic reserve for the next four years. Although that may be the case, I think Trump may say this, which is very favorable for the medium-term movement of Bitcoin. Paul further explained that while the next president may say that they do not p...
Alistair Milne, CIO of the Altana Digital Currency Fund, said that WikiLeaks founder Julian Assange has received more than 8 BTC of financial support from donors to cover the cost of his freedom journey. The collection address "bc1qsq" is the same as the address on Assange's donation page. Data from the Arkham Intelligence Agency shows that the funds date back to a CashApp deposit in February 2023. In addition, more than 300,000 pounds (about $380,000) were raised through fiat currency donations...
Matt Hougan, chief information officer at Bitwise, said the U.S. spot Ethereum ETF could attract net inflows worth $15 billion in the first 18 months after listing. Hougan compared the relative market capitalization of Ethereum to Bitcoin, and he expects investors to allocate by the market capitalization of the Bitcoin spot ETF and the Ethereum spot ETF ($1.20 trillion and $405 billion). This would give about 75% weighting to the Bitcoin spot ETF and about 25% weighting to the Ethereum spot ETF....
On June 24th, Matt Hougan, the chief information officer of Bitwise, wrote in X: "In the history of Bitcoin, various mechanisms have artificially locked future demand in advance and put it in a" lock box ". The biggest culprit is GBTC, which locked in tens of billions of dollars of future demand in advance because hedge funds took advantage of premium trading. But there are also its...
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