Opinions | ForkLog

ForkLog 20 22.03.2024

Solana Predicted to Surpass Ethereum in Number of Dapps

Solana is expected to overtake Ethereum in the number of consumer decentralized applications (dapps). This forecast was made by Matty Taylor, co-founder of Colosseum and former head of growth at the Solana Foundation, in an interview with Cointelegraph. “Solana will continue to outperform Ethereum in terms of network performance for creating fast and user-friendly Web3 […]

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ForkLog 9 22.03.2024

JPMorgan Analysts Warn Bitcoin is Overbought

Despite Bitcoin’s recent correction, the asset remains in “overbought territory,” according to analysts at JPMorgan, reports The Block. The experts referred to two futures-related metrics, which suggest that the market prices of the digital gold are inflated relative to its fair value. “Both indicators point to Bitcoin remaining in overbought territory, despite the sharp correction […]

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ForkLog 13 22.03.2024

Analyst Predicts Easing of Bitcoin Pressure from GBTC Outflows

On March 21, outflows from Grayscale’s spot Bitcoin ETF, GBTC, amounted to $358.8 million, following a record $642 million on March 18. Bloomberg analyst Eric Balchunas has forecasted an end to this trend. The more I think about it the more likely the uptick in flows is related to the bankruptcies bc of the size […]

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ForkLog 16 22.03.2024

Bitcoin Poised for Consolidation Before Reaching New Heights, Predicts Expert

As long as the $65,300 support holds, a pullback completion can be anticipated. Bulls need to regain control over the $69,000 mark to resume the upward trajectory, according to the analyst known as CryptoJelleNL. #Bitcoin continues to play out as expected. So long as we hold $65,300 — I’m pretty sure the bottom is in. […]

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ForkLog 28 21.03.2024

Vitalik Buterin Advocates for Decentralizing Ethereum Staking

Ethereum co-founder Vitalik Buterin, during a conference in Taiwan, stated that centralization has become a primary issue for the network’s PoS mechanism, particularly concerning staking services. According to him, Lido, Coinbase, and Binance have acquired an “excessive market share.” Data: Dune. The amount of cryptocurrency locked in the leading liquid staking platform is 9.8 million […]

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ForkLog 20 19.03.2024

Bitwise Predicts Imminent Access to Bitcoin ETFs for Major Investment Platforms

Within weeks, a leading investment platform is expected to offer access to a Bitcoin ETF. The delay in approving Ethereum ETFs is likely to result in significant inflows due to Wall Street’s better preparation for the product. In the coming weeks, a major investment platform may announce support for a spot Bitcoin ETF, according to […]

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ForkLog 28 19.03.2024

CryptoQuant CEO Criticizes Meme Coin Surge

Ki Young Ju, founder and CEO of CryptoQuant, has voiced concerns over the surge in the meme token sector. Meme coins harm the crypto industry. It’s frustrating to see billion-dollar-cap memecoins overshadow hardworking teams building legit products to advance this industry. Easy money can’t drive industry-wide progress, as shown by the 2018 ICO burst. https://t.co/YWkRA39v9Z […]

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ForkLog 12 19.03.2024

Bitcoin’s Path to $200,000 Deemed Achievable by 10T Holdings CEO

Bitcoin could easily reach $200,000 due to ETF inflows and the halving event, according to a forecast by Dan Tapiero, CEO of 10T Holdings, in an interview with The Block. “I don’t think this expectation is that crazy,” he shared. The potential for a threefold increase from the current price roughly aligns with the percentage […]

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ForkLog 21 18.03.2024

Standard Chartered Raises Bitcoin and Ethereum Targets for 2024 to $150,000 and $8,000

Analysts at Standard Chartered have revised their year-end 2024 target for Bitcoin upwards from $100,000 to $150,000, with Ethereum potentially reaching $8,000 by the same time. This is according to a report cited by CoinDesk. The upgrade follows the excitement surrounding spot Bitcoin ETFs and the sharp rise in the asset’s price since January. By […]

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ForkLog 14 18.03.2024

Crypto.com CEO Describes Bitcoin Correction as ‘Healthy’

The current Bitcoin correction is deemed healthy, with the upcoming halving potentially intensifying it. Mid-term prospects remain favorable due to the anticipated inflow into ETFs. Bitcoin is in a bullish phase of its cycle similar to the situation in December 2020–January 2021, with the current correction being described as “healthy.” This was stated by Crypto.com […]

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ForkLog 3 17.03.2024

Samson Mow Predicts Bitcoin Will Reach $1 Million ‘Very Soon’

The price of the leading cryptocurrency is expected to surpass $1 million in the coming years, according to Samson Mow, CEO of JAN3, who shared his views on Peter McCormack’s podcast, What Bitcoin Did. “I think we will reach $1 million this year. If not this year, then next, but it will happen very soon,” […]

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ForkLog 10 16.03.2024

Robert Kiyosaki Highlights Bitcoin’s Limited Supply as Key Attraction

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and an entrepreneur, emphasized the limited supply of the first cryptocurrency. I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver is found. Same with oil. I […]

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