According to Antoni Trenchev, Co-Founder and Managing Partner of Nexo, the world’s biggest and most reputable lending institution in the digital finance sector, Bitcoin will reach $100,000 within a year.
In a report published by CNBC on April 14, the Nexo managing partner told CNBC that he is concerned about Bitcoin in the short term. The bitcoin price may fall along with other risk-on assets such as U.S. tech stocks as the Federal Reserve continues to tighten monetary policy by raising interest rates. Additionally, he still believes that “within 12 months” the Bitcoin price may reach $100,000.
Nexo’s newest feature, MetaMask integration, was announced earlier today. According to Nexo, “customers may now connect with their on-chain wallet, setting up MetaMask as a single-click top-up source” by using the MetaMask crypto wallet browser extension on its platform. It also mentioned three advantages of this integration: “effortless transfers,” “exchange flexibility,” and “flexible gas fees.”
Nexo made several announcements yesterday, the most notable of which was the Nexo Card, which it claims is “the only card that allows you to spend the value of your cryptocurrency without selling it.”
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