Custodia Bank CEO Caitlin Long Preps For 2024's Bull Market: A Future Of Digital Assets Spotlight
Portfolio Pulse from Anthony Noto
Custodia Bank CEO Caitlin Long anticipates a bull market in 2024, especially with the upcoming Bitcoin halving. She highlights the launch of Custodia's Bitcoin custody service for institutions and warns of fraud in the crypto sector, referencing the legal issues faced by FTX's Sam Bankman-Fried and Binance's Changpeng Zhao. Long advocates for better U.S. crypto regulations and has contributed to Wyoming's pro-blockchain legislation, positioning the state as a blockchain hub.
December 08, 2023 | 2:56 pm
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POSITIVE IMPACT
Custodia Bank's Bitcoin custody service and the anticipated bull market in 2024, especially due to the Bitcoin halving event, could positively impact Bitcoin's price.
The launch of Custodia's Bitcoin custody service for institutional investors and the upcoming Bitcoin halving are both significant events that historically have been catalysts for price increases. The CEO's bullish outlook and the bank's innovative steps may contribute to positive sentiment in the short term.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80