FTX US will soon be under new leadership after President Brett Harrison announced his resignation a few hours ago.
Brett Harrison, the U.S. president of the crypto exchange FTX, announced a few hours ago that he is stepping down from his position. This latest development comes after Harrison spent a year and a half spearheading the company’s growth.
1/ An announcement: I’m stepping down as President of @FTX_Official. Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company.
— Brett Harrison (@BrettHarrison88) September 27, 2022
Harrison revealed that he is transitioning to an advisory role in the company at a time when FTX US is expanding its operations. He said;
“I’m stepping down as President of FTX US Over the next few months, I’ll be transferring my responsibilities and moving into an advisory role at the company. I have deep gratitude for my experiences at FTX in the last year and a half. Growing FTX US from three multi-tasking employees to a talented and dedicated team of over 100 across tech, business development, legal, compliance, customer service, and operations; working together to build a nascent crypto exchange into a multi-business enterprise.”
He highlighted that the acquisitions of LedgerX and Embed were some of his best moments as it allowed FTX US to expand its operations and become one of the leading cryptocurrency exchanges in the United States.
Although he is transitioning to an advisory role, Harrison said he is not leaving the crypto space.
He said the crypto market is at a number of crossroads, and as a financial technologist, he is focused on the intersection of the arrival of larger market participants, and the increasing fragmentation and technological complexity of the market’s landscape. Harrison said;
“I’m remaining in the industry with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized.”
Harrison is stepping down from his role as FTX US President roughly 24 hours after the crypto exchange announced its acquisition of Voyager Digital.
Voyager Digital announced that it had reached an agreement with FTX US in a deal worth a little over $1.4 billion. FTX US’s acquisition of Voyager Digital came after winning a bankruptcy auction.
The post Brett Harrison announces he is stepping down as FTX US President appeared first on CoinJournal.
Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News
Will Dogecoin Payments on Twitter become a Reality? Elon hints…
Elon announces Twitter 2.0. Will Dogecoin payments on Twitter become a reality? Here are the latest Dogecoin Twitter speculations.
In his latest tweet, Elon Musk announces plans to make Twitter 2.0 a reality. One particular slide talks about Twitter payments, which was left empty. Crypto enthusiasts started speculating about the potential integration of cryptocurrencies, specifically Dogecoin. Will Dogecoin payments on Twitter become a reality? Here are the latest Dogecoin Twitter speculations.
Does Elon Musk like Dogecoin?
It is clear that Elon is a fan of good memes. In fact, ever since the COVID-19 events from back in 2020, Elon became highly active on Twitter. He was basically posting a lot of memes, part of them relating to cryptocurrencies such as Bitcoin and Dogecoin. The latter itself is a cryptocurrency that doubles as a meme.
Elon announces new Twitter: What is Twitter 2.0?
In his latest tweet, Elon Musk shared a few slides from a presentation that happened in Twitter management. It basically showed two big parts:
- Twitter latest stats
- Twitter upcoming new features
However, crypto enthusiasts couldn’t help but notice the “Payments” section of the upcoming new features was blank. Speculations started to surface as the biggest prediction goes to crypto payments. Since Elon likes Dogecoin, this cryptocurrency might be an option for Twitter payments.
Why is Dogecoin price up today?
Following the big announcement from Elon Musk and the payment speculations, Dogecoin gained more than 10% in the last 24 hours alone. DOGE investors seem to bet that Dogecoin might be an integral part of Twitter’s upcoming payment plan.
Dogecoin prices reached the important price of 10 cents. In fact, prices started their uptrend since the support price of 7 cents, which we predicted in a previous article.
Dogecoin Prediction 2023: Will Dogecoin reach 1$?
The previous all-time high of Dogecoin is known to be around $0.75. Back then, there weren’t even any fundamental backings of this high valuation. On the other hand, if the speculations about Dogecoin payments on Twitter become true, Dogecoin should not have a problem reaching this all-time high price again.
In fact, Dogecoin can even go all the way and reach the psychological price of 1$. This makes Dogecoin market capitalization around $132 billion, which is close to Ethereum’s market cap today. The reason would be of course that Twitter boasts more than 8 billion user active minutes on the platform. This would explain the high potential price of Dogecoin at 1$.
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