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JUST IN: $90 billion asset manager VanEck predicts Ethereum will reach $22,000 by 2030.
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$API3 Chart Analysis The price of #API3 has reached the level of resistance and an important supply of $3.300-$3.500 . The descending harmonic pattern has already been completed. According to the strong candles that have been recorded and the price history of this currency, the price may start to correct from these areas. If the price is again supported by the upward trend line and returns to the resistance area, there is a possibility of breaking the resistance. If the trend line is broken, the bearish scenario and moving according to the pattern is more likely. If the trend line is maintained, the price will continue to grow.
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#BTC is above $70k and views to these crypto YouTube channels are at 800k/day, compared to 4M/day in 2021.
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Ethereum ETFs Poised for Big Inflows, Researcher Predicts Good news for Ethereum fans! The approval of Ethereum ETFs by the SEC is expected to trigger a significant influx of capital, potentially reaching $569 million per month. This prediction comes from crypto researcher Bobby Banzai, who analyzed existing Bitcoin ETF data and market size. His analysis suggests Ethereum could capture a similar market share to Bitcoin ETFs, which have seen inflows of over $13 billion. Industry leaders are bullish too. Analysts predict Ethereum ETFs could grab up to 20% of the Bitcoin ETF market, and figures like Larry Fink (BlackRock) and Michael Saylor (MicroStrategy) see this as a major step forward for Ethereum. However, not everyone agrees. JPMorgan analysts believe the initial response might be muted, with potential inflows between $1 billion and $3 billion in 2024. They point to the lack of staking rewards in spot ETFs as a potential drawback. Overall, the future looks bright for Ethereum ETFs. The ease of investing through ETFs is expected to attract new investors and boost the overall value of Ethereum. #ETH #Ethereum
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Cryptocurrency: Is it Right for You? The world of cryptocurrency has boomed in recent years, offering a new way to transfer and store value. Like any investment, it's crucial to understand the potential benefits and risks before diving in. Cryptocurrencies can offer faster transaction speeds and lower fees compared to traditional methods. They also operate on decentralized networks, meaning they aren't controlled by a single entity like a bank. However, the crypto market is highly volatile. Prices can fluctuate significantly, and there's always the risk of scams or hacks. While some experts believe crypto has room for future growth, others advise caution. Do your research! Before investing in any cryptocurrency, it's essential to understand the technology behind it, its purpose, and the potential risks involved. Consider your own financial goals and risk tolerance. Cryptocurrency may be a suitable addition to a diversified portfolio for some, but it's not right for everyone. Learn more: [Insert link to a reputable source on cryptocurrency investing] This post informs readers about cryptocurrency without making exaggerated claims or investment recommendations. It emphasizes the importance of research and risk tolerance before entering the crypto market.
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