✴️🌕#BTC #gold #etf #crypto #analogy
another analogy:
Gold ETF (2004) vs. Bitcoin ETF (present days)
gold has surged more than 6X since the launch of its initial ETF, while Bitcoin is projected to reach $500,000 by the end of 2025.
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earlier: based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin
another analogy:
Gold ETF (2004) vs. Bitcoin ETF (present days)
gold has surged more than 6X since the launch of its initial ETF, while Bitcoin is projected to reach $500,000 by the end of 2025.
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earlier: based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin
✴️#BTC #sentiment #poll #crypto
most of the 2,000 surveyed individual investors from the USA, Europe, and UK anticipate Bitcoin falling below $20,000 by the end of 2024 — Deutsche Bank
most of the 2,000 surveyed individual investors from the USA, Europe, and UK anticipate Bitcoin falling below $20,000 by the end of 2024 — Deutsche Bank
✴️#BTC #crypto #markets #liquidity #macro
global M2 liquidity vs. Bitcoin
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many expect the Fed to return to active money printing soon.
the growth of the money supply = the rise of the Bitcoin price and other risky assets (S&P 500 hits records) (chart)
global liquidity is expected to increase in 2024 (chart)
global M2 liquidity vs. Bitcoin
———————
many expect the Fed to return to active money printing soon.
the growth of the money supply = the rise of the Bitcoin price and other risky assets (S&P 500 hits records) (chart)
global liquidity is expected to increase in 2024 (chart)
❗️✴️#BTC #crypto #hashrate
CryptoQuant:the price of Bitcoin has recovered to the level of 2021, while the Bitcoin mining difficulty (hashrate) has tripled over the same period.
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historically, hashrate growth has been a leading indicator of bitcoin price growth (chart)
Matrixport has released a new report stating that the bitcoin target of $63,000 in March 2024 is achievable. Factors: Bitcoin spot ETFs, the upcoming halving, expectations of the Fed rate cuts, and the US presidential election.
CryptoQuant:the price of Bitcoin has recovered to the level of 2021, while the Bitcoin mining difficulty (hashrate) has tripled over the same period.
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historically, hashrate growth has been a leading indicator of bitcoin price growth (chart)
Matrixport has released a new report stating that the bitcoin target of $63,000 in March 2024 is achievable. Factors: Bitcoin spot ETFs, the upcoming halving, expectations of the Fed rate cuts, and the US presidential election.
✴️#ETH #crypto #etf
Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.
QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.
Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600
SEC is close to allowing Ether ETFs — Barron's
Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.
QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.
Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600
SEC is close to allowing Ether ETFs — Barron's
✴️#ETH #crypto #etf
Ethereum ETF has been approved in the US.
SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
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Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.
QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.
Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600
Ethereum ETF has been approved in the US.
SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
————————————
Standard Chartered expects Ether ETF approval this week, reiterates year-end target of $8,000.
QCP Capital: Ether could rise to $5000 if a spot ETH-ETF is approved.
Bernstein: the approval of a spot Ethereum ETF will drive a 75% surge to $6,600
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✴️#SOL #crypto #etf
Experts believes Solana will have the next Spot ETF
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Bloomberg analyst James Seyffart stated that after the futures ETF is approved by the CFTC, a spot SOL ETF could be approved within a few years. The new FIT21 law may expedite this process. However, the SEC has made it clear that it considers Solana a security, which could significantly complicate its path to ETF approval.
The SEC’s ETF decision means that Ethereum and many other tokens, such as Solana, are not considered securities.
Experts believes Solana will have the next Spot ETF
————————————
Bloomberg analyst James Seyffart stated that after the futures ETF is approved by the CFTC, a spot SOL ETF could be approved within a few years. The new FIT21 law may expedite this process. However, the SEC has made it clear that it considers Solana a security, which could significantly complicate its path to ETF approval.
The SEC’s ETF decision means that Ethereum and many other tokens, such as Solana, are not considered securities.
✴️#BTC #crypto #mining #costprice
MacroMicro: the average cost of Bitcoin mining has risen to $77,000. According to CryptoQuant, this increase has prompted crypto miners to actively sell Bitcoin in June.
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Bitcoin price < Bitcoin mining cost = Bullish signal (chart)
earlier: JPMorgan: the average cost of Bitcoin mining is $45,000
Bernstein: bitcoin could hit $1M within 10 years
MacroMicro: the average cost of Bitcoin mining has risen to $77,000. According to CryptoQuant, this increase has prompted crypto miners to actively sell Bitcoin in June.
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Bitcoin price < Bitcoin mining cost = Bullish signal (chart)
earlier: JPMorgan: the average cost of Bitcoin mining is $45,000
Bernstein: bitcoin could hit $1M within 10 years
✴️#BTC #halving #crypto
Bitcoin: history of post-halving returns
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historically, Bitcoin prices have seen substantial growth post-halving (chart)
historically, after each halving — the event when the Bitcoin mining reward is cut in half every four years — the cost of mining Bitcoin approximately doubles.
Bitcoin: history of post-halving returns
———————————
historically, Bitcoin prices have seen substantial growth post-halving (chart)
historically, after each halving — the event when the Bitcoin mining reward is cut in half every four years — the cost of mining Bitcoin approximately doubles.