There has been a new development on the spot #Bitocin #ETF front, which has been expected to be approved for a long time and January 10 has been pointed out for possible approval.
While the companies that have applied for the spot Bitcoin ETF to date have updated their applications in line with the SEC's statements and expectations, many companies have held meetings with the SEC.
However, there was a first in spot BTC ETF applications.
Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.
However, there was a first in spot BTC ETF applications.
Bloomberg analyst James Seyffart also stated that Hashdex executives met with Samantha Ostrom from the SEC Chairman's Office, that is, from SEC Chairman Gary Gensler's team.
Related:
Will Dogecoin (DOGE) Reach One Dollar?
Dogecoin (DOGE) reaching $1 has become a common aspiration. But is it a realistic goal or a delusion? While there are contrary opinions, analysts believe Meme Moguls (MGLS), a new ICO, will. This P2E memecoin is currently in the first stage of its presale and has been tipped for a 100x upside.
This post will cover the possibility of Dogecoin reaching $1 and present opposing arguments. Further, it will explore why Meme Moguls is the best new crypto to invest in. Let’s begin.
Dogecoin Price Prediction: Will It Reach the Historic $1?
Dogecoin (DOGE) is one of the most popular cryptocurrencies on the market, despite its humble origins. By market capitalization, it ranks tenth, highlighting its popularity.
This memecoin reaching $1 has become one of the most discussed topics in the crypto community. At the time of writing, the Dogecoin price is $0.093, depending on the market sentiment.
Related:
Crypto Analyst Predicts Major Price Shift For Cardano (ADA)
LuckSide, a crypto analyst, has weighed in on the price action of Cardano (ADA), giving an analysis of the near-term price performance of the crypto asset. The crypto analyst recently shared his predictions for Cardano (ADA) with the crypto community during one of his YouTube videos. In the YouTube video – “CARDANO ADA – MOMENT OF TRUTH!,” LuckSide asserted that ADA is at a critical crossroads.The analyst revealed a technical projection that indicates ADA is about to undergo a major price shift. According to him, this is either a bullish or a bearish trajectory in the near future.LuckSide finds signals that are pointing in the direction of a significant price shift, after analyzing ADA’s price charts. This analysis is centered on the significant price gap in the Cardano native token.LuckSide asserted that the gap is “where the highest concentration of liquidity is located for ADA.” This is marked by ongoing selling pressure at the resistance level between “$0.60 and $0.67,” in sharp contrast to a $0.40 level. This gap denotes an unexplored area and suggests a potential strong move, given ADA’s price history. He noted that Cardano could either rise to test the resistance level around $0.70 or drop to the $0.40 support level.The crypto expert also pointed out signs of robustness and strength of ADA in his video. The stability of pivotal support levels and moving averages underscores the strength of the crypto asset.The larger market indicators, such as the volatility and price stability of Bitcoin (BTC), further support this resiliency. The analyst also attributed the market’s movement to the impending Bitcoin Halving event in Mid-2024, due to its market impact. However, LuckSide notes that unforeseen circumstances have the potential to change ADA’s direction while conceding the unpredictability of the market. He further added that although, a decline to $0.40 “might create opportunities to buy the token at a lesser price.”Charles Hoskinson, the founder of Cardano recently underscored the network’s growth, acknowledging that it mimics the natural growth of Bitcoin. The founder took to X (formerly Twitter) to celebrate the network’s performance with the community.In the X post, Hoskinson stated that he has been observing with “glee as some people worry about Cardano’s blocks filling up.” He further reminded the community about the criticism of the network being a useless “ghost chain,” with no liquidity.Hoskinson has assured the community that “Cardano is designed to handle these loads.” He noted a “huge design space” that optimizes the network and DApps for greater scalability in the short and long term.In addition, he has highlighted the network’s victories without Venture Capital (VCs), the media, or influencers. My name is Godspower Owie and i am an employee for Bitcoinnist and NewsBTC news outlet. Sometimes i like to picture myself as an explorer, this is because i like visiting new places, i like learning new things (useful things to be precise), i like meeting new people - people who makes an impact in my life no matter how little it is. I cherish my time, my work, my family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, i chase dreams. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.