Scorpi18 | Market Insights
6.27K subscribers
5.36K photos
59 videos
24 files
3.56K links
Insights and analysis of the global financial market by investment advisor Sergio Shalamov.

Note: This is not an investment advice.

Contact: @invoyager

Buy ads: https://telega.io/c/scorpi18
Download Telegram
✴️#etf #BTC #crypto
it seems that the launch of Spot Bitcoin ETFs is already a done deal. The exchanges where they will be traded, their tickers, and service fees have already been determined.
——————————
the approval of spot BTC-ETFs will trigger a new bullish trend in the market — Bernstein
✴️#etf #BTC #crypto #calendar
the final approval deadlines for Spot Bitcoin ETFs are set for the end of May 2024, but it seems like it could happen from day to day.
✴️#BTC #crypto #forecast
Based on the history of gold ETP launches, Standard Chartered sees significant potential for the price of bitcoin to rise following the approval of spot Bitcoin ETFs.

Standard Chartered: we look for $50-100B of inflows to spot Bitcoin ETFs in 2024, opening up potential for Bitcoin to reach the $200 000 level by the end-2025
✴️#IBIT #etf #crypto
spot Bitcoin ETF from BlackRock (#IBIT) = +23% on pre-market
✴️🌕#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.
—————————-
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
✴️#BTC #crypto
Bitcoin' bull market is still in its early stages according to the MVRV metric
✴️#BTC #crypto #markets #liquidity #macro
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)
💥✴️#crypto #markets
total crypto market cap reaches $2T. Half of that is bitcoin.
❗️✴️#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.
—————————
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.
✴️#crypto #markets #macro
global crypto market capitalization
✴️#BTC #crypto #history
here's how much bitcoin has grown since its inception
✴️#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
✴️#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
————————————
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
This media is not supported in your browser
VIEW IN TELEGRAM
✴️#SOL #crypto #etf
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.
———————————
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
———————————
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.
✴️#BTC #crypto
CryptoQuant: for long-term Bitcoin holders, the breakeven level is significantly lower than the current price. Bitcoin could drop another 40% without affecting these holders before the upward trend resumes, as it did in 2019 and 2015.