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 | 74.4% | 54 | $68 162.88 | 1.29% | 2.42% | $1 344 973 357 845 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 76.8% | 47 | $3 274.54 | 0.99% | -6.14% | $393 691 858 423 | ||
3 | ![]() |
Tether predictions | 95.6% | 1 | $1.000152 | 0.03% | -0.03% | $114 346 541 734 | ||
4 | ![]() |
Solana predictions | 64.4% | 70 | $185.46 | 3.95% | 9.94% | $86 186 508 174 | ||
5 | ![]() |
Binance Coin predictions | 77.6% | 42 | $587.73 | 2.03% | -0.70% | $85 766 608 554 | ||
6 | ![]() |
USD Coin predictions | 90.8% | 1 | $1.000037 | 0% | 0.02% | $34 143 589 887 | ||
7 | ![]() |
XRP predictions | 62.4% | 86 | $0.600180 | 0.16% | 1.41% | $33 586 578 872 | ||
8 | ![]() |
Dogecoin predictions | 72% | 55 | $0.135374 | 4.80% | 6.83% | $19 667 998 553 | ||
9 | ![]() |
Toncoin predictions | 83.6% | 31 | $6.73 | 0.11% | -8.06% | $16 947 147 195 | ||
10 | ![]() |
Cardano predictions | 72.4% | 49 | $0.417243 | 1.33% | -4.43% | $14 980 752 444 | ||
11 | ![]() |
TRON predictions | 86.4% | 18 | $0.137318 | 0.34% | 2.05% | $11 955 029 826 | ||
12 | ![]() |
Avalanche predictions | 77.6% | 38 | $28.63 | 2.71% | 1.70% | $11 305 031 034 | ||
13 | ![]() |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | ![]() |
Wrapped TRON predictions | 90.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
15 | ![]() |
SHIBA INU predictions | 84.4% | 30 | $0.000017 | 2.42% | -3.03% | $10 139 614 509 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2024 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.