The post CTO del crypto wallet Ledger: nuovo ciclo rialzista in arrivo appeared on BitcoinEthereumNews.com.

Ledger is a globally leading French company for crypto hardware wallets.  Its CTO (Chief Technology Officer), Charles Guillemet, recently released an interview to a French online newspaper in which he argued that the crypto market is entering a new bullish cycle thanks to blockchains that offer greater capacities.  The bullish cycle according to the CTO of the crypto wallet Ledger According to Guillemet, the crypto market in 2024 will continue, after the long bearish cycle that has also affected companies in the sector like Ledger. The fact is that recently the price of Bitcoin has returned above $40,000 for the first time since May 2022, when the major problems caused by the implosion of the Terra/Luna ecosystem began. So today it seems that the horizon is clearing up for the crypto ecosystem, after a long crypto winter that some fragile projects did not survive. Ledger itself, for example, was forced to announce significant layoffs. The turning point occurred in this end of 2023, with the increase in the likelihood of approval of Bitcoin spot ETFs in the USA, and the end of central banks’ interest rate hikes. Furthermore, the Bitcoin halving in April is getting closer and this could really mark the end of the crypto winter and the beginning of a new bullish cycle. Although there are no certainties about it, this perspective is considered possible by many. The prediction of the CTO of the crypto wallet Ledger The CTO of Ledger has also stated that we are currently at the beginning of a new upward cycle in the crypto markets.  This cycle, according to Guillemet, will be accompanied by significant investments, also thanks to the future presence on traditional stock exchanges of ETFs on Bitcoin spot even in the USA. The fact is that this time operators in…

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Filed under: News - @ December 14, 2023 7:20 pm