Cointime

Cointime

Download App
iOS & Android
Home / Point

Soros Fund Management CEO Dawn Fitzpatrick Bullish on Crypto Despite Recent Headwinds

  • Wechat scan to share

Dawn Fitzpatrick, CEO of Soros Fund Management, expressed optimism about the future of cryptocurrency despite recent challenges such as the SEC's lawsuits against Binance and Coinbase. She believes that established financial institutions will take the lead as investor confidence in some platforms wanes, which could benefit average consumers and traders.

Fitzpatrick acknowledged the irony of traditional financial firms leading in a market meant to be disruptive and decentralized, but also noted that crypto development has been partly mismanaged. Soros Fund Management, which handles a pool of capital largely owned by George Soros and valued at nearly $30 billion, remains bullish on crypto.

Cryptocurrency
Comments

All Comments

Recommended for you

  • DWF Labs Partners: Hold USD1 to get Falcon Finance closed beta test qualification

    On April 12th, DWF Labs managing partner Andrei Grachev posted on social media that as long as users have the stablecoin USD1 in their on-chain wallet, they can directly access the closed beta testing of the stablecoin protocol Falcon Finance and enjoy its profits earlier than others. Falcon Finance is a synthetic USD stablecoin protocol launched by DWF Labs. Today, DWF Labs has started adding USD1 liquidity on-chain.

  • DWF Labs has deployed USD1 liquidity on ETH and BSC, and USD1 will be officially launched

    according to @EmberCN monitoring, DWF Labs has begun deploying the USD1 liquidity of the DeFi project WLFI supported by the Trump family on the chain, marking that the stablecoin now supports on-chain circulation and trading. Data shows that in the past 8 days, the DWF Labs address has received 11 million USD1 tokens from WLFI on both the Ethereum and BSC chains.

  • EU Trade Commissioner proposes zero-to-zero tariffs on goods to US

    European Commission Trade Commissioner Dombrovskis: We propose zero tariffs on goods to the United States, and if no trade agreement is reached, we are also prepared to respond. If necessary, we are prepared to take retaliatory measures.

  • The State Council Tariff Commission: Adjustment of tariffs on imported goods originating from the United States

    on April 10, 2025, the U.S. government announced that the tariff rate for Chinese goods imported into the U.S. will be further increased to 125%. The U.S. imposing excessively high tariffs on China seriously violates international economic and trade rules, as well as basic economic laws and common sense, and is completely unilateral bullying and coercion. In accordance with the "Customs Law of the People's Republic of China," the "Customs Law of the People's Republic of China," the "Foreign Trade Law of the People's Republic of China," and other laws and regulations, as well as basic principles of international law, with the approval of the State Council, the measures of imposing tariffs on imported goods originating in the U.S. will be adjusted starting from April 12, 2025. The relevant matters are as follows:

  • Trump: There will be problems during the transition, but it will ultimately be an incredible thing

    President Trump of the United States: There will be problems in the transition phase, but in the end it will be an incredible thing.

  • A whale transferred 2,300 ETH that he had held for two years to Kraken

    according to The Data Nerd's monitoring, a whale address that has held ETH for two years just transferred 2300 ETH (about $3.58 million) to Kraken.

  • The three major U.S. stock indexes continued to fall, with the Nasdaq's decline widening to 7%.

    Nasdaq fell by 7%, the S&P 500 index is now down 6.2%, and the Dow fell by 5.3%.

  • Coinbase International will launch COMP, UXLINK, and ATH perpetual contract trading

    Coinbase International will launch COMP, UXLINK, and ATH perpetual contract trading.

  • ZachXBT: Suspected insiders made $3.8 million in profits on RTR

    On August 10th, Chain Detective ZachXBT posted on social media that 4 addresses made a profit of $3.8 million in the RTR sell-off, with the 9G1ELG and GHoW2 addresses belonging to the same person and receiving 500 SOL in new funds within minutes after the TGE. Previously, it was reported that Restore The Republic (RTR) had its TGE on the evening of August 8th, with rumors circulating in the community that it was related to a new project by the Trump family. The RTR token reached a high of $0.156 on August 9th at midnight. Afterwards, Eric Trump, the current Executive Vice President of the Trump Organization and son of Donald Trump, warned on social media to "be careful of false tokens" and that the only official Trump project has yet to be announced and will be announced on Twitter first. After the statement was released, RTR quickly dropped by about 95%, with a trading volume of $164 million within just 15 hours of its creation.

  • The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs

    The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version. Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DAs from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users who pay US cryptocurrency taxes.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company
Cointime

Hot Coins

Trending