tldrdaily.news logo
Tag

Samson Mow

All articles tagged with #samson mow

cryptocurrency1 year ago

Bitcoin ETF Outflows Trigger Major Price Drop

Samson Mow warns of potential reversal of outflows from Bitcoin ETFs, emphasizing Bitcoin's fundamental drivers and dismissing market sentiment concerns. Spot-based Bitcoin ETFs experience significant outflows, with Grayscale's GBTC seeing consistent outflows since SEC allowed its conversion into a spot ETF. Mow also shares views on potential approval of Ethereum-based ETFs and criticizes SEC's approval of ETH futures ETFs. Uncertainty looms as industry experts monitor the market to see if Mow's prediction of a reversal comes true, while investors and enthusiasts hope for stability and renewed confidence in the digital asset space.

via Bitcoinist|
#bitcoin#cryptocurrency#etfs
cryptocurrency2 years ago

"Bitcoin's Future: Clash Between JPMorgan CEO and Crypto Community"

Samson Mow, CEO of Jan3 and a prominent Bitcoin advocate, clashed with JPMorgan CEO Jamie Dimon over BTC's future, criticizing Dimon's skeptical stance and advocating for banks to embrace Bitcoin-related services. Mow argued that banks, including JPMorgan, could benefit from transitioning into "Bitcoin banks" to stay relevant in the evolving financial landscape. This perspective challenges traditional banking models and highlights the inevitability of changes in money and financial services. Dimon's criticism of BTC as a "pet rock" was also challenged by industry voices, including Edward Snowden and Michael Saylor, amid BTC's market volatility.

via Bitcoinist|
#banking#bitcoin#cryptocurrency
cryptocurrency2 years ago

Bitcoin's Potential to Reach $3M by 2033 and Institutional Interest in Crypto

Samson Mow, CEO of Jan3, predicts that Bitcoin could reach $3 million per coin by 2033, citing its uniqueness and growing institutional demand. He expresses optimism about the potential approval of a Bitcoin ETF, stating that billions of dollars are waiting to enter the market. Mow dismisses altcoins like Ethereum and Ripple, emphasizing the need for registration and transparency. He also disregards meme coins like Dogecoin and Shiba Inu, considering them distractions. Mow acknowledges the historical patterns of Bitcoin halving events but cautions that Bitcoin has a way of surprising expectations.

via Benzinga|
#bitcoin#bitcoin-etf#cryptocurrency