Tag: regrets
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OKX Founder Star Xu Regrets Dismissing Ethereum as a "Shitcoin" in 2017, Reflects on Missed Opportunity
The cryptocurrency landscape is perpetually shaped by evolving perceptions and retrospective analyses, and the journey of Ethereum, the second-largest cryptocurrency by market capitalization, has been no exception. Recently, Star Xu, the founder of the prominent cryptocurrency exchange OKX, publicly admitted to a significant misjudgment from his past, specifically his dismissal of Ethereum and its native…
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OKX Founder Star Xu Regrets Dismissing Ethereum as a "Shitcoin" in 2017
Over the years, the cryptocurrency landscape has been a fertile ground for both groundbreaking innovation and deeply held skepticism. Many prominent figures within the finance and blockchain industries have voiced their reservations about Ethereum, citing concerns about its underlying network architecture, scalability limitations, and the long-term viability of its adoption. Among these skeptics, Star Xu,…
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Bitcoin Crashed Immediately After New York Mayor Received Paycheck In BTC, But Here’s Why He Has No Regrets
Bitcoin is increasingly shedding its identity as a safe-haven asset akin to "digital gold" and is now exhibiting behavior more characteristic of a high-risk stock market proxy, according to a recent analysis by Mike McGlone, senior macro strategist at Bloomberg Intelligence. This evolving market dynamic, McGlone suggests, could expose the cryptocurrency to significant downward pressure,…
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Bitcoin Crashed Immediately After New York Mayor Received Paycheck In BTC, But Here’s Why He Has No Regrets
Bitcoin, once heralded as the digital gold of the 21st century, is increasingly exhibiting characteristics akin to a high-risk stock market proxy, according to a recent analysis by Mike McGlone, a senior macro strategist at Bloomberg Intelligence. This evolving correlation with traditional equity markets, particularly U.S. equities, coupled with tightening monetary policy from the Federal…
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