Bitcoin To $1 Million: Former Coinbase CTO Predicts Bitcoin To Rise 35,000% In June Amid U.S. Bank Uncertainty

Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts. The bet is part of Srinivasan’s view

• 2023-03-23
• Balaji Srinivasan Twitter cryptocurrency value of Bitcoin Adam Cochran

Crypto Community Fired Up Over SEC Action Against Coinbase

Crypto Twitter finds a common enemy in the SEC, but some see just desserts after Coinbase delisted XRP.

• 2023-03-23
• Coinbase Adam Cochran Wells Notice SEC crypto community

How Realistic Is Former Coinbase CTO’s $2 Million Bitcoin Wager on US Hyperinflation?

Balaji Srinivasan predicted that Bitcoin would reach $1 million in around 90 days.

• 2023-03-20
• Balaji Srinivasan Adam Cochran Coinbase Twitter value of Bitcoin Bitcoin

Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears

Some traders are signaling strength for USD Coin, citing its treasury backing in U.S.-issued bonds.

• 2023-03-11
• USDC Silicon Valley Bank Circle Adam Cochran FDIC SVB