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June 25, 2024
Samson Mou: Bitcoin will cost $ 1 million in 2025
Samson Mou, a well-known bitcoin adherent and CEO of Jan3, has once again made an optimistic forecast about the value of the flagship cryptocurrency. He claims that BTC will reach $ 1 million in 2025. Samson Mow is known for his long-term forecasts for bitcoin. His confidence is based on the approval of exchange-traded bitcoin ETFs in January and the fourth halving of the major cryptocurrency that took […]
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June 21, 2024
Analysts predict a sharp rise in Ethereum to $ 4,800
According to analysts at QCP Capital, the options market expects the main altcoin to break through $ 4000 and reach $ 4800. This will happen despite the uncertainty of the timing of the approval of ETH spot exchange-traded funds (ETFs). QCP Capital believes that the bullish trend is supported by several market developments, including the fact that the US Securities and Exchange Commission (SEC) has completed […]
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June 19, 2024
Analysts name the reasons for the sharp growth of the Ethereum cryptocurrency
Following a lengthy investigation by the US Securities and Exchange Commission (SEC), Ethereum’s value has exceeded $ 3500. Previously, there were doubts that Ethereum could be classified as an unregistered security. This uncertainty caused significant investor concern, which affected the asset’s market performance. However, the closure of the investigation restored investor confidence, which led to an increase in the market value of Ethereum by 3% per day. Earlier, […]
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May 24, 2024
US Regulator Approves Ethereum-ETF Spot Market
Yesterday, May 23, the U.S. Securities and Exchange Commission (SEC) officially approved spot Ethereum-ETFs, The Block reports. The regulator approved Forms 19b-4 filed by issuers wishing to launch spot Ethereum-ETFs. These issuers include BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton The full list of applications for registration of these exchange-traded funds was previously published by Bloomberg […]
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May 23, 2024
Analysts name the factors that will cause Ethereum to rise to $ 6600
Analysts at Bernstein predict that ethereum could soar to $ 6600. This will happen if US regulators give the green light to exchange-traded funds trading ETH. This is the opinion of Gautam Chhugani and Mahika Sapra, analysts at Bernstein Research. According to them, the US Securities and Exchange Commission’s approval of similar bitcoin products in January triggered a 75% increase in the following weeks. «We expect similar price dynamics […]
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April 12, 2024
Investments in Uniswap token caused $ 1 million in losses for the user
Uniswap, a decentralized exchange (DEX), has come under the scrutiny of the US Securities and Exchange Commission (SEC). Within a day, the UNI token price dropped by almost 20%, and investors lost their money. Due to the ambiguous situation and the jump in the UNI rate, the user suffered losses of $ 1 million. The incident was noticed by Lookonchain analysts. The user under […]
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January 24, 2024
Crypto whales started actively buying bitcoin amid the market decline
Online metrics indicate growing activity on the part of institutional investors, who have begun to buy up bitcoin en masse amid the flagship crypto asset’s slump. Back on January 11, BTC reached $ 49,000, after which it lost about 19% in value. The number of open long positions on the BTC/USD pair in the derivatives market increased by almost 8%. Data from TradingView shows that over the weekend, […]
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January 18, 2024
Peter Schiff predicts a sharp drop in bitcoin
Cryptocurrency strategist and economist Peter Schiff is predicting a potential drop in the value of bitcoin after the US Securities and Exchange Commission (SEC) approved several spot bitcoin exchange-traded funds (ETFs) as a harbinger of stricter regulation of cryptocurrencies. In his profile on the X platform, Schiff wrote: «Since Gary Gensler has been backed into a corner by the approval of spot #BitcoinETFs, I think he will soon introduce new onerous cryptocurrency […]