Long

Bank

Bitcoin

Custodia Bank CEO <a href="https://coingape.com/education/caitlin-long-net-worth/" target="_blank" rel="noopener noreferrer nofollow">Caitlin Long</a> revealed her take on the lawsuit against the Federal Reserve Board, which is seen as the most important lawsuit in the crypto industry. She also gave her prediction on when Bitcoin price is going to rally as it remained range-bound after hitting a new all-time high.
<h2 id="custodia-bank-ceo-on-lawsuit-against-fed">Custodia Bank CEO On Lawsuit Against Fed</h2>
Caitlin Long, CEO of Custodia Bank, and Michelle Kallen, Appeals Attorney for Custodia, in a discussion with lawyer James Murphy on <a rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=XKnY9We1k6Y" target="_blank">CryptoLawTV</a> pointed out the recent development in the <a href="https://coingape.com/custodia-bank-files-appeal-in-fight-against-us-federal-reserve/" target="_blank" rel="noopener noreferrer nofollow">Custodia Bank lawsuit</a>&nbsp;against the Federal Reserve Board.
Long claims the Fed and OCC have been unjustified against Custodia Bank for a master account. She said that the Fed hasn’t adhered to the law and denied a master account requested earlier. Custodia is a Wyoming-chartered special-purpose depository institution, which she claims is enough for receiving one of the master accounts. She also slams Senator Elizabeth Warren for continuing to debank crypto, with Operation Choke Point 2.0 still active in the Fed and bank regulator, she said.
Kallen said states and federal entities shared the role of governing the banking system as per the Supreme Court. Custodia Bank’s receiving a master account will be a big win for not only crypto, but also relevant for other entities trying to get a master account.
Also Read: <a title="Just-In: Binance To Delist Shiba Inu, Chainlink, Memecoin, &amp; 4 Other Crypto, Prices To Dip?" href="https://coingape.com/binance-delists-these-pairs-for-shiba-inu-chainlink-memecoin-4-other-crypto/" target="_blank" rel="noopener noreferrer nofollow">Binance To Delist Shiba Inu, Chainlink, Memecoin, &amp; 4 Other Crypto, Prices To Dip?</a>
<h2 id="bitcoin-price-prediction">Bitcoin Price Prediction</h2>
Caitlin Long has made significant accurate predictions such as stablecoins having hundreds of billions of market cap and <a href="https://coingape.com/cme-launches-bitcoin-trading-growing-crypto-interest/" target="_blank" rel="noopener noreferrer nofollow">Wall Street</a> to financialize Bitcoin. She also predicted that Bitcoin will see the biggest short squeeze in human history after Wall Street’s adoption of Bitcoin.
In a new prediction, Long predicts a “rip roaring” bull Bitcoin market before the U.S. presidential election, with fundamentals still looking strong despite the dip in price now. She added that BTC price had always dropped after every Bitcoin halving due to a shakeout in miners who couldn’t afford to stay in business and liquidated their BTC holdings. She believes Bitcoin price will rally massively in October.
<a href="https://coingape.com/price/bitcoin" target="_blank" rel="noopener noreferrer nofollow">BTC price</a> currently trades at $61,472, up 1%. Institutional investors and whales have bought the dip, but trading volumes dropped 35% in the last 24 hours. Spot BTC ETF saw first inflow after more than a week, with $31 million in net inflow.
Also Read: <a title="Ripple Vs SEC News: Ripple President Clears the Air on Lawsuit and XRP ETF" href="https://coingape.com/ripple-vs-sec-news-ripple-president-clears-the-air-on-lawsuit-xrp-etf/" target="_blank" rel="noopener noreferrer nofollow">Ripple Vs SEC News – Ripple President Clears the Air on Lawsuit and XRP ETF</a>
The post <a href="https://coingape.com/custodia-bank-ceo-predicts-rip-roaring-bitcoin-bull-market-slams-warren-wing/" rel="noopener noreferrer nofollow">Custodia Bank CEO Predicts “Rip Roaring” Bitcoin Bull Market, Slams Warren Wing</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Custodia Bank CEO Predicts “Rip Roaring” Bitcoin Bull Market, Slams Warren Wing

Table of Contents

Coingape News Media

Other articles published on Jun 26, 2024

Top ETH-based Altcoins To Stack Before The Upcoming AltSeason!

I Just Received My Mt. Gox Bitcoin Redemption: Should I Sell or Hold?

All about Cardano’s DDoS attack: Here’s how ADA responded

Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time

Gaming Tokens to Watch Out For in Q3 2024: Cosmic Kittens (CKIT), Echelon Prime (PRIME), Wemix (W...

Say Hello to Safer Transfers: Oku Trades Adopts Chainlink’s Elite Security Protocol

Join our free newsletter for daily crypto updates!