In today’s crypto news, Bitcoin surged nearly 5%, reaching $61,500 following the Mt. Gox distributions. Many Bitcoin investors are choosing to hold and buy more, signaling growing confidence in the market. Why do you think this is happening? Let me know your thoughts in the comments. Personally, I trade in one account while buying every dip in another.
Experts are predicting that cryptocurrencies priced under $0.10 could see gains of over 1300% in Q4. This expectation is driven by the success of Moontaurus (MNTR) phase one presale. Additionally, Metafide’s CEO predicts Bitcoin will reach $100k and Ethereum $4k by the end of the year. I don’t necessarily agree with this outlook, but I’m curious to hear your opinion.
What do you think Bitcoin’s price would be if the ETFs were never approved? I believe it would be much lower, as a significant portion of Bitcoin’s capital comes from ETF investments.
In other news, Coinbase is once again challenging the SEC over its arbitrary approach to DEX compliance. The ongoing battle between Coinbase and the SEC has been intense, and I stand with Coinbase—I use them for most of my trading.
Please remember to do your own research and be cautious—there’s a lot of misinformation out there.
Thank you, Crypto King