The post Crypto.com CEO Predicts Strong Q4 On Fed Rate Cut Hopes appeared on BitcoinEthereumNews.com. Crypto.com CEO Kris Marszalek is confident that digital assets will be boosted in the fourth quarter of the year, primarily driven by the US central bank reducing interest rates. Marszalek said in an interview with Bloomberg on Tuesday that Crypto.com’s revenue is likely to be better this year, “especially if we see a Fed rate cut and a strong Q4 following.” He added that he’s betting on the US Federal Reserve cutting interest rates at its Sept. 17 meeting, which is usually good for crypto as borrowing becomes cheaper and more liquidity is available for riskier investments. The Fed’s last rate cuts were between September and December of last year, when it dropped rates from 5.5% to 4.5%, leading to crypto markets gaining 57% over those four months.  CME futures prediction markets show the probability of a rate cut has surged to 91.7% following Fed Chair Jerome Powell’s Jackson Hole speech on Aug. 22, when he hinted at easing monetary policy. Kris Marszalek speaking on Bloomberg TV. Source: Bloomberg No decision yet on IPO  Marszalek said his company “has the numbers” to do a public listing but enjoys being private and has yet to make a decision. Related: Rising Fed rate chatter may be a red flag for crypto: Santiment “I have to admit it’s quite tempting to consider these options,” he said on a potential initial public offering. Multiple crypto firms have raised billions of dollars this year amid their public debuts. He added that the firm had $1.5 billion in revenue last year, and about $1 billion in gross profit with $700 million reinvested, before predicting that this year will be better.  “We have been approached by all the top names in terms of investment banks. We want to be a very well-run company, so we’re preparing everything,… The post Crypto.com CEO Predicts Strong Q4 On Fed Rate Cut Hopes appeared on BitcoinEthereumNews.com. Crypto.com CEO Kris Marszalek is confident that digital assets will be boosted in the fourth quarter of the year, primarily driven by the US central bank reducing interest rates. Marszalek said in an interview with Bloomberg on Tuesday that Crypto.com’s revenue is likely to be better this year, “especially if we see a Fed rate cut and a strong Q4 following.” He added that he’s betting on the US Federal Reserve cutting interest rates at its Sept. 17 meeting, which is usually good for crypto as borrowing becomes cheaper and more liquidity is available for riskier investments. The Fed’s last rate cuts were between September and December of last year, when it dropped rates from 5.5% to 4.5%, leading to crypto markets gaining 57% over those four months.  CME futures prediction markets show the probability of a rate cut has surged to 91.7% following Fed Chair Jerome Powell’s Jackson Hole speech on Aug. 22, when he hinted at easing monetary policy. Kris Marszalek speaking on Bloomberg TV. Source: Bloomberg No decision yet on IPO  Marszalek said his company “has the numbers” to do a public listing but enjoys being private and has yet to make a decision. Related: Rising Fed rate chatter may be a red flag for crypto: Santiment “I have to admit it’s quite tempting to consider these options,” he said on a potential initial public offering. Multiple crypto firms have raised billions of dollars this year amid their public debuts. He added that the firm had $1.5 billion in revenue last year, and about $1 billion in gross profit with $700 million reinvested, before predicting that this year will be better.  “We have been approached by all the top names in terms of investment banks. We want to be a very well-run company, so we’re preparing everything,…