By Emir Abyazov Credit agency Moody’s has downgraded the credit rating of the U.S. government from AAA to AA1. The reason is the growing national debt and the lack of concrete plans to cut government spending. According to a statement on May 16, U.S. lawmakers have failed for years to tackle annual budget deficits and […]
Tag: CEO
By Marco Piccolo Arthur Hayes, CIO of crypto investment firm Maelstrom and co-founder of BitMEX, has made a bold prediction: Bitcoin will reach a price of $1 million by 2028. Hayes argues that deteriorating confidence in US Treasury securities and broader geopolitical instability will propel Bitcoin to unprecedented heights. Trade Crypto on Kraken Why Arthur […]
By Marco Piccolo Adam Back, CEO of Blockstream and one of the inspirations behind the creation of Bitcoin, believes that Bitcoin is “strangely low right now” given the level of institutional adoption and could soar to $500,000 or even $1 million per coin during this market cycle. Trade Crypto on Kraken Adam Back’s mega-bullish Bitcoin forecast […]