Analysts On Bitcoin: 2024 US Election Could Steer The Crypto’s Future
Yet another reason that has given the rocket fuel to the price of Bitcoin is the rapidly approaching US presidential elections. Several analysts are keenly observing whether political dynamics will take their toll on the cryptocurrency in the near future with the election date nearing. Related Reading: Dogecoin Jumps Over 16% In The Last Week — More Gains To Come? QCP Capital believes that the result of the presidential election might have significant influence on the trajectory of Bitcoin. This should be relayed in the current trading patterns as options contracts associated with the....
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Following its price increase of more than 12% in the past week to roughly $71.50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group. Investors are excited, since this ETF may provide a more direct method for investing in Litecoin, allowing both individual and institutional participants to access the market. Related Reading: Analysts On Bitcoin: 2024 US Election Could Steer The Crypto’s Future The S-1 registration statement for the proposed ETF was filed on....
As the 2024 US presidential election looms, former President Donald Trump is making a calculated move to solidify support from a key voter base: cryptocurrency aficionados. Axios reports that Trump is in discussions to speak at the Bitcoin 2024 convention, scheduled for July 25-27 in Nashville, Tennessee. Related Reading: Bitcoin Miners In Distress: Mass Sell-Off […]
FTX exchange founder Sam Bankman-Fried has the wherewithal to make things happen. Obviously, being a crypto billionaire gives him that kind of luxury. When the United States elects its next president in 2024, the FTX CEO will have had a significant impact on the political landscape of the country. The crypto multibillionaire has already set […]
Following Bitcoin and other top coins, Ethereum is in red, bleeding at spot rates. In summary, Ethereum is down 20% from the May 2024 highs, easily breaking $3,300, as the Bears target is $3,000 in the short term. Ethereum Down But Analysts Are Bullish: Here’s Why However, amid this deluge of sellers, some analysts remain […]
Two names stand out for their unique offerings and growth potential: Ethereum (ETH) and Mpeppe (MPEPE). While Ethereum (ETH) has long been a dominant force in the blockchain world, Mpeppe (MPEPE), with its meme appeal and integration into decentralized finance (DeFi), is catching the attention of investors. Let’s dive into the profit predictions for these two coins as analysts forecast their performance for 2024, 2030, and 2035. Ethereum’s Steady Climb to 2024: What Can Investors Expect? Ethereum (ETH), a stable and reliable blockchain network, is expected to grow significantly by 2024 due....