Celsius Network CEO Alex Mashinsky shared his insights on the Bitcoin and Ether markets at Paris Blockchain Week Summit. During the recent Paris Blockchain Week Summit, Cointelegraph’s Joseph Hall sat down with Alex Mashinsky, CEO of Celsius Network, to talk about several topics, including where the Bitcoin and Ether markets are going. According to Mashinsky, Bitcoin (BTC) received very strong support at around $30,000 to $33,000. The entrepreneur believes that Terra’s recent BTC purchase played a significant role in supporting BTC’s price, along with other institutions entering the market. He also mentioned that if retail investors join in, it may lead BTC to new highs.
“I definitely think that the demand is here. So, I don’t see us revisiting previous lows.”
On the other hand, Mashinsky also recognized that there are some “clouds in the sky.” Apart from this, he also noted that actions from the United States Federal Reserve may also lead to a negative turnout. Despite the hurdles, Mashinsky is confident that both Bitcoin and Ether (ETH) will reach new all-time highs in 2022. He explained that:
“It's going to take us longer to hit new highs. But I still expect us to break that $60,000 this year on Bitcoin, break the $4,500 on Ethereum.”
Apart from price predictions, Hall and Mashinsky also talked about other topics such as the conversations surrounding decentralized finance and centralized finance. Commenting on Vitalik Buterin’s notions on the crypto space needing semi-centralized solutions, Mashinsky said:
“He’s basically saying, look, we don’t have to be 100% DeFi. CeFi and DeFi are two sides of the same coin. And you sometimes you need to CeFi, sometimes you need to use DeFi, and that’s what Celsius does every day.”
Lastly, the entrepreneur shared a simple trading strategy. According to him, if someone buys BTC and can’t sleep, “That means you have too much Bitcoin.” However, if one buys BTC and sleeps like a baby, they don’t have enough Bitcoin. “Find that sweet, sweet spot and just stick with it,” he said.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 93.2% | 9 | $27 087.02 | -0.27% | -0.06% | $525 275 860 361 | ||
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2 | ![]() |
Ethereum predictions | 90.4% | 5 | $1 894.54 | -0.31% | 2.56% | $227 788 525 796 | ||
3 | ![]() |
Tether predictions | 95.6% | 1 | $1.000266 | 0% | -0.02% | $83 174 583 635 | ||
4 | ![]() |
Binance Coin predictions | 92.8% | 3 | $306.22 | -0.05% | -0.74% | $47 726 034 527 | ||
5 | ![]() |
USD Coin predictions | 95.6% | 1 | $0.999950 | -0.01% | -0.02% | $28 902 979 509 | ||
6 | ![]() |
XRP predictions | 77.6% | 45 | $0.523003 | 0.07% | 10.63% | $27 189 376 584 | ||
7 | ![]() |
Cardano predictions | 94.8% | 5 | $0.379137 | 0.78% | 2.17% | $13 229 654 737 | ||
8 | ![]() |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Dogecoin predictions | 91.6% | 10 | $0.072900 | 0.75% | 0.19% | $10 178 444 950 | ||
10 | ![]() |
Solana predictions | 82% | 26 | $21.28 | 0.54% | 4.16% | $8 445 521 119 | ||
11 | ![]() |
Polygon predictions | 84.4% | 24 | $0.902754 | 0.60% | -2.77% | $8 377 081 385 | ||
12 | ![]() |
Wrapped TRON predictions | 79.6% | 41 | $0.081565 | -3.18% | 5.43% | $8 293 183 944 | ||
13 | ![]() |
TRON predictions | 75.6% | 46 | $0.081676 | -3.05% | 5.19% | $7 366 637 548 | ||
14 | ![]() |
Litecoin predictions | 79.6% | 43 | $95.13 | 0.59% | 6.20% | $6 951 023 390 | ||
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Polkadot predictions | 90.4% | 7 | $5.33 | 1.27% | -0.64% | $6 346 171 816 |
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