‘It Can’t Be Stopped’—Crypto Exec Questions Threatening ‘Bull Run’ Price Prediction After $100 Billion Bitcoin Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon and Solana Rally
BitcoinBTC, ethereum and other major cryptocurrencies have surged into 2023, despite growing fears that the US may be waging a “quiet” war on crypto.
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The bitcoin price topped $25,000 per bitcoin, up 50% since the beginning of the year, helping boost the ethereum price and adding over $100 billion to the combined crypto market – including BNBBNB, XRPXRP, cardano, dogecoin, polygon and solana.
Now the co-founder of bitcoin and crypto exchange Gemini, Cameron Winklevoss, has issued a “bull run” price prediction – warning that the US could either “embrace [crypto] or be left behind.”
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“My work assignment [at the moment] is that the next bull run is going to start in the East,” Winklevoss, who founded the New York-based bitcoin and crypto exchange Gemini with his twin brother Tyler, posted to Twitter.
Cameron Winklevoss made his bitcoin price prediction just hours before Hong Kong’s securities regulator announced plans to allow retail investors to trade bitcoin, ethereum and other major cryptocurrencies.
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“Any government that doesn’t offer clear rules and honest guidance will be left in the dust. Quickly,” Cameron Winklevoss said. “This would mean missing out on the greatest period of growth since the rise of the commercial internet. And it would mean missing out on shaping and being a fundamental part of the future financial infrastructure of this world (and beyond).”
Last week, Singapore-based DBS revealed that crypto trading volume will almost double by 2022.
“The increase in trading volume on DBS’s digital asset platform is a reminder that any government, even the United States, that does not offer clear guidelines could potentially be left behind in the fourth industrial revolution,” Marcus Sotiriou, market analyst at digital asset broker GlobalBlock, wrote in an email message.
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