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

www.benzinga.com

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.

Read in Full: www.benzinga.com
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Balaji Srinivasan Raises Alarm Amid $1M Bet: 'Buy Bitcoin And Get Your Coins Off Exchanges' - Benzinga

Coinbase's (NASDAQ: COIN) former CTO Balaji Srinivasan on Wednesday warned that investors may only have weeks or even days to buy Bitcoin (CRYPTO: BTC) and move their cryptocurrencies off exchanges.  What Happened: Srinivasan reacted to a Twitter user who shared a mail from cryptocurrency exchange Kraken that it would suspend automated clearinghouse (ACH) transactions later this month.


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Bitcoin Price and Ethereum Prediction: Can the Fed Rate Hike Amid Banking Turmoil Boost BTC and ETH? - Cryptonews

Bitcoin, the world's largest cryptocurrency, along with Ethereum, lost some of its value and dropped below $28k and $1,800 levels respectively. However, the reason could be linked to the release of a dovish statement from the US Federal Reserve regarding interest rates.


Bitcoin Currently Witnessing Its Best Marketing Campaign Ever, According to InvestAnswers – Here's Why - The Daily Hodl

A popular cryptocurrency strategist is saying that Bitcoin (BTC) is inadvertently undergoing a positive brand-building process. In a new interview with David Lin, the anonymous host of InvestAnswers says that Bitcoin is currently “witnessing its best marketing campaign ever.

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