FORMER CREDIT SUISSE RISK HEAD SEES BITCOIN AT $150,000
CK Zheng, former Credit Suisse global head of valuation risk, says Bitcoin’s worst may be over and expects it to reach $150,000 by late 2027.
Zheng sees regulatory clarity, institutional adoption and potential passage of the CLARITY Act driving the next bull cycle.
He also expects rising U.S. debt to increase demand for Bitcoin and gold as dollar-debasement hedges.
Bitcoin currently trades near $78,535.
UBS prevailed against two former Credit Suisse managing directors who argued their deferred-compensation certificates shouldn’t have been written down when the banks merged in 2023
Build with CMC (Case Study): How Bitcoin Suisse Uses CoinMarketCap API
How CMC market data powers the STOXX Digital Asset Blue Chip Index and Bitcoin Suisse's institutional crypto scoring infrastructure.
Learn more
Insurance Australia said a settlement of proceedings brought by Credit Suisse entities over Greensill trade credit insurance policies hasn’t been finalized
Swiss lawmakers face a quandary as they craft new capital rules for UBS following the 2023 collapse of Credit Suisse: too strict and Switzerland's biggest bank might move abroad, too lax and a potential referendum could prolong the uncertainty