“I think we are also hitting some resistance here in the $40,000 to $45,000 levels, and there is not a lot of resistance above that, so I think we’re going to consolidate here and break to new highs. During this period the company has more than doubled its digital asset holdings and sits currently on 3.31 B. Alex Mashinsky takes the hot seat with Bloomberg 2020 was THE year for Celsius with figures showing a record growth since May. Bloomberg took the view that SEC Chair Gary Gensler has just sent a warning shot to other crypto companies offering similar products in one of its most aggressive recent moves against the industry.
Mashinsky adds that he sees BTC flying up above $140,000 by the end of the year for a rally of 265% based on the current price of $38,300. A young woman passionate about all that is new in the world - the good, the bad and the interesting. SEC vs Coinbase: Alex Mashinsky says Celsius will have to ‘wait and see’ on fallout.
In a new interview with Yahoo Finance, Mashinsky says he sees Bitcoin’s main purpose as being a store of value, rather than another specific utility. She graduated from the University of North Carolina at Chapel Hill with a degree in Media and Journalism. Alex Mashinsky, CEO of crypto lending platform Celsius, says he’s standing by his prediction of Bitcoin ending 2021 somewhere in the 140,000-160,000 range. The Celsius CEO says that once BTC breaks a certain range not far above its current prices, the flagship crypto won’t be facing any tough resistances until new all-time highs. She previously reported on energy markets for S&P Global Platts and Bloomberg News and is published in over 65 news outlets. It’s very good for one thing and that’s store of value, and that’s what you should be using it for.”
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So I don’t think we should take this pristine asset and try to use it to clean the windows or something else with it. I think there are many cryptocurrencies or digital assets that serve that purpose better, mostly stablecoins and other forms of digital assets. It’s an exceptional form of payment but not a very good store of value. “ main purpose is a store of value, right. In a new interview with Yahoo Finance, Mashinsky says he sees Bitcoin’s main purpose as being a store of value, rather than another specific utility. Alex is one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now working on. The comment wasn’t received too well by crypto Twitter who criticised Mashinsky for his shallow move and told him that his claim was wrong. Alex Mashinsky, CEO of crypto lending platform Celsius, says he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range. In a recent tweet, Alex Mashinsky, the founder of Celsius Network claimed that the Celsius Network was bigger thanALL DeFi put together.
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