Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here’s Why

Crypto analyst Linda has made a bullish case for Ethereum (ETH), predicting that the second-largest crypto token by market cap could rise to $4,000. The analyst also explained what could lead to such a price surge. Why Ethereum Could Reach $4,000 In a post shared on TradingView, Linda highlighted the potential approval of the Spot …

Solana Dominating Ethereum: SOL Analyst Now Targets $1,000

Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His …

Price Growth of Worldcoin and Two Other Crypto Projects May Stall Due to Significant Token Unlocks: IntoTheBlock

Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, …

Kraken Head of Strategy Says Four Main Catalysts Likely To Boost Crypto in 2024

The head of strategy at US-based crypto exchange Kraken foresees four events likely to help the crypto markets this year. In a new interview with Bloomberg, Kraken strategy head Thomas Perfumo says “four big catalysts” coming for digital assets in the second half of 2024. Per Perfumo, slashed interest rates and the Ethereum (ETH) exchange-traded …

Bloomberg analyst confirms Ethereum ETFs set to launch next week

The Securities and Exchange Commission (SEC) is anticipated to approve the spot Ethereum exchange-traded funds (ETFs) next week, with trading expected to begin on July 23, Bloomberg senior ETF analyst Eric Balchunas reported on July 15, citing industry sources. The development follows recent communications between the SEC and ETF issuers, signaling a potential green light …

Russia proposes allowing traditional exchanges to handle crypto trading

Russia’s Ministry of Finance has proposed allowing traditional exchanges to handle digital asset trading for select investors, Interfax reported on July 10. A government draft response to two pieces of regulation outlines the possibility of creating special regulations for “conducting organized trading in digital currency, recognized as a commodity, on the basis of an exchange …

Trump picks pro-crypto VP as Republican party makes him official Presidential nominee

Former President Donald Trump picked pro-crypto senator J.D. Vance as his running mate and became the Republican party’s official Presidential nominee on July 15. In a July 15 announcement on Truth Social, Trump declared the Ohio senator would join his ticket as the vice-presidential Republican candidate. The Republican party subsequently announced that Trump had obtained enough …

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