Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Franklin Templeton CEO Predicts Major Upcoming Wave in Bitcoin ETF Adoption
Franklin Templeton CEO Jenny Johnson predicts that the current phase of Bitcoin exchange-traded fund (ETF) adoption is only the beginning. She suggests another wave is coming as institutions become more comfortable with Bitcoin ETFs. Her insights emphasize the growing potential of Bitcoin ETFs and the transformative impact of tokenizing real-world assets. Institutional Adoption and Future Potential of Bitcoin ETFs In a recent interview with CNBC, Johnson highlighted the success of EZBC, Franklin Templeton’s spot Bitcoin ETF. This fund has amassed…
1 year ago
Fake Crypto Airdrop: Tether’s CEO Warns Of Ongoing Supply Chain Email Exploit
Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Exciting News: It’s A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per the reports, investors received emails from crypto companies offering an upcoming token airdrop. First, users received emails from Bitfinex announcing “exciting news” for the exchange.…
1 year ago
Ripple CEO Brad Garlinghouse Predicts XRP ETF and Price Boom to Come in 2025 After Regulatory Hurdles are Solved
Ripple CEO Brad Garlinghouse has reiterated his belief that XRP spot ETFs are inevitable and will probably hit the market by next year. He stated that investors always want to spread the risk and diversify their investment and that with Bitcoin and Ethereum now within reach, they will wish to access other cryptos like Solana and XRP. At the Consensus conference in Texas a week ago, Brad Garlinghouse told the audience that XRP spot ETFs are inevitable and that the…
1 year ago
VanEck CEO Predicts Bitcoin Could Soar To Half The Market Cap Of Gold
Jan VanEck, the CEO of one of the largest investment banks in the United States, has predicted that Bitcoin will eventually reach at least half the market capitalization of Gold. Van Eck made the prediction in an interview with Scott Melker. The CEO predicted that Bitcoin could take five to ten years to achieve this milestone. Bitcoin’s Huge Potential In the interview, the VanEck CEO discussed Bitcoin in detail, and the time it could take for the asset to eventually…
1 year ago
Ripple CEO Assure XRP ETFs Coming by 2025, XRP Price Eyes For $1
The post Ripple CEO Assure XRP ETFs Coming by 2025, XRP Price Eyes For $1 appeared first on Coinpedia Fintech News Ripple (XRP) holders are awaiting a ruling in the Securities and Exchange Commission’s (SEC) lawsuit against the payment remittance firm. The court ruling was expected in May 2024, but there have been no updates so far. In the meantime, Ripple Labs CEO Brad Garlinghouse made a bold prediction about the future of XRP. With the approval of Bitcoin and…
1 year ago
CEO of Maple Predicts Another ‘Leg Up’ for Bitcoin Before 2025; Says There’s No Cause for People to ‘Panic’
The post CEO of Maple Predicts Another ‘Leg Up’ for Bitcoin Before 2025; Says There’s No Cause for People to ‘Panic’ appeared first on Coinpedia Fintech News Bitcoin may be moving sideways and facing repeated rejections at $70,000, but Bitcoin holders remain exceptionally bullish. On-chain data shows that over 50% of Bitcoin’s supply remains inactive, indicating strong long-term conviction in Bitcoin. What does this mean for the cycle? The CEO and Co-Founder of Maple, Sidney Powell, joined analyst Scott Melker…
1 year ago
Ripple CEO Predict ETFs For Ripple (XRP), Solana, and Cardano (ADA)
Ripple CEO predicts more crypto ETFs, including Ripple, Solana, and Cardano. Progress on Ethereum ETFs signals potential growth, but Garlinghouse criticizes SEC’s stance. Brad Garlinghouse, CEO of Ripple, recently projected the introduction of additional crypto exchange-traded funds (ETFs) at the Consensus 2024 Conference. Following the approval of spot Bitcoin (BTC) ETFs and the progress of Ethereum (ETH) ETFs, Garlinghouse believes that ETFs for Ripple (XRP), Solana (SOL), and Cardano (ADA) are inevitable. Garlinghouse stated, “I think it’s just a matter…
1 year ago
Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why
The CEO of the on-chain analytics firm CryptoQuant explained that Bitcoin’s price isn’t currently overvalued based on its network fundamentals. Bitcoin Price May Not Be Overvalued Yet Based On Thermo Cap Ratio In a new post on X, CryptoQuant CEO and founder Ki Young Ju has discussed about how the recent trend in the Bitcoin Thermo Cap Ratio has been like. The “Thermo Cap” is a capitalization model for BTC that calculates the total value of the asset by taking…
1 year ago
Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns
In his latest dispatch, Charles Edwards, CEO of the Bitcoin and digital asset hedge fund Capriole, has flagged a significant market indicator in the latest edition of the firm’s newsletter, Update #51. Edwards points to the activation of the “Hash Ribbons” buy signal, a notable event that has historically indicated prime buying opportunities for Bitcoin. Bitcoin Hash Ribbons Flash Buy Signal The Hash Ribbons indicator, first introduced in 2019, utilizes mining data to predict long-term buying opportunities based on miners’…
1 year ago