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Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June


Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead...

BNB extremely bullish as analysts target a $1000 breakout


BNB, the native token of Binance Chain, has witnessed a notable 7% increase in the past 24 hours.  The movement highlights a positive trend, placing BNB in front of the top 5 cryptos when it comes to market performance. The coin has already reached a milestone, surpassing its year-high record...

Analysts say altcoins to rebound soon; invest in these sectors


With the weekend behind us, Bitcoin has entered a short-term bullish trend. It has managed to stay above the crucial $66,000 support level and is currently being traded at $68,874.97 as of 7:49 a.m. GMT. There seems to be potential for a price increase, making it a promising way to kick off Monday...

Altcoins gear up for ‘Maniac Phase’: Analysts predict next major surge


The current world of cryptocurrency is witnessing a rather significant revival, which brings optimism and new opportunities to various spheres. While sentiment turned slightly bearish towards altcoins in the second quarter following a great run in Q1 among industry experts, the future looks bright...

Ethereum Soars As Analysts Predict Higher Likelihood of ETF Approval


Ether's price has surged over 20%, fueled by rumors that US regulators might finally approve Spot Ethereum ETFs. The price surge has surprised traders as most anticipated the SEC would delay or reject the first ether ETF by Thursday. The post Ethereum Soars As Analysts Predict Higher Likelihood...

Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow


Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted...

Ethereum ETF Approval Odds Increase as SEC Asks For New Filings


SEC is asking exchanges for updated 19b-4 filings to decide on spot Ethereum ETF applications, while Bloomberg analysts estimate approval odds to increase to 75%. The post Ethereum ETF Approval Odds Increase as SEC Asks For New Filings appeared first on Cryptonews

Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter


On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I...

Bitcoin surges 16% in May, but analysts warn of correction ahead


Bitcoin has experienced a notable surge in value, rising 16% month-to-date and currently trading around $43,000. This upward trend has been primarily attributed to positive market sentiment driven by several key developments, including the anticipation of spot Bitcoin ETF approvals and significant...

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