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Here are the Bitcoin price predictions for 2024 from 10 well-known individuals and institutions:
1. Tim Draper envisions a Bitcoin value of $250,000.
2. Adam Back anticipates Bitcoin to reach $100,000.
3. Tom Lee's prediction stands at $180,000 for Bitcoin.
4. JP Morgan forecasts a Bitcoin price of $45,000.
5. Arthur Hayes predicts Bitcoin will be valued at $70,000.
6. Robert Kiyosaki expects Bitcoin to reach $100,000.
7. Cathie Wood is notably bullish, with a projection of $1 million for Bitcoin.
8. Mike Novogratz estimates a Bitcoin price of $500,000.
9. Pantera Capital forecasts a value of $148,000 for Bitcoin.
10. Standard Chartered predicts Bitcoin to be at $120,000.
How is your prediction?😉
1. Tim Draper envisions a Bitcoin value of $250,000.
2. Adam Back anticipates Bitcoin to reach $100,000.
3. Tom Lee's prediction stands at $180,000 for Bitcoin.
4. JP Morgan forecasts a Bitcoin price of $45,000.
5. Arthur Hayes predicts Bitcoin will be valued at $70,000.
6. Robert Kiyosaki expects Bitcoin to reach $100,000.
7. Cathie Wood is notably bullish, with a projection of $1 million for Bitcoin.
8. Mike Novogratz estimates a Bitcoin price of $500,000.
9. Pantera Capital forecasts a value of $148,000 for Bitcoin.
10. Standard Chartered predicts Bitcoin to be at $120,000.
How is your prediction?😉
Secured vs. unsecured P2P lending.
Secured and unsecured P2P lending represent two distinct approaches within the realm of peer-to-peer lending platforms. Secured P2P lending involves loans that are supported by tangible or digital assets, such as real estate, vehicles, or cryptocurrencies, serving as collateral. In the event of a borrower's default, the lender has the option to take possession of and sell the collateral to recoup their invested funds.
In contrast, unsecured P2P lending does not necessitate collateral. Lenders evaluate the borrower's risk primarily based on their creditworthiness and financial history. In instances of default, lenders often resort to legal procedures for debt recovery since there are no specific assets available for seizure in the event of non-repayment.
Secured and unsecured P2P lending represent two distinct approaches within the realm of peer-to-peer lending platforms. Secured P2P lending involves loans that are supported by tangible or digital assets, such as real estate, vehicles, or cryptocurrencies, serving as collateral. In the event of a borrower's default, the lender has the option to take possession of and sell the collateral to recoup their invested funds.
In contrast, unsecured P2P lending does not necessitate collateral. Lenders evaluate the borrower's risk primarily based on their creditworthiness and financial history. In instances of default, lenders often resort to legal procedures for debt recovery since there are no specific assets available for seizure in the event of non-repayment.
How does P2P lending work?
Let's delve into the workings of P2P lending with an example. Imagine Bob requires a $10,000 loan to consolidate his debts. On a P2P lending platform, he initiates the process by submitting a loan application that includes his financial details and reasons for the loan. The platform then assesses Bob's creditworthiness and lists his loan request.
Now, let's introduce Alice, a user of the P2P platform. She comes across Bob's loan listing and decides to invest $1,000 in his loan because she believes it aligns with her investment strategy. As more lenders participate, Bob eventually secures the full $10,000 he needs. The P2P lending network manages Bob's monthly repayments, which comprise both principal and interest, distributing them among the lenders over time. Bob's interest payments provide Alice and the other lenders with a return on their investments.
Here's a breakdown of the step-by-step P2P lending process between Bob and Alice:
1. Bob applies for a $10,000 debt consolidation loan through a P2P lending platform.
2. The platform assesses Bob's creditworthiness based on his financial information and loan purpose.
3. Bob's loan request is listed on the platform, including details like the loan amount, annual percentage rate, and the purpose of the loan.
4. After reviewing various loan listings, Alice, an investor on the platform, chooses to contribute $1,000 to Bob's loan.
5. Once enough lenders have funded the loan, Bob receives the full $10,000 loan amount.
6. Bob makes monthly payments to the P2P lending platform, covering both the principal and interest.
7. The P2P lending network collects these repayments and distributes them to the participating lenders, including Alice.
8. Over time, Alice and the other lenders earn returns on their investments through the interest payments made by Bob.
Let's delve into the workings of P2P lending with an example. Imagine Bob requires a $10,000 loan to consolidate his debts. On a P2P lending platform, he initiates the process by submitting a loan application that includes his financial details and reasons for the loan. The platform then assesses Bob's creditworthiness and lists his loan request.
Now, let's introduce Alice, a user of the P2P platform. She comes across Bob's loan listing and decides to invest $1,000 in his loan because she believes it aligns with her investment strategy. As more lenders participate, Bob eventually secures the full $10,000 he needs. The P2P lending network manages Bob's monthly repayments, which comprise both principal and interest, distributing them among the lenders over time. Bob's interest payments provide Alice and the other lenders with a return on their investments.
Here's a breakdown of the step-by-step P2P lending process between Bob and Alice:
1. Bob applies for a $10,000 debt consolidation loan through a P2P lending platform.
2. The platform assesses Bob's creditworthiness based on his financial information and loan purpose.
3. Bob's loan request is listed on the platform, including details like the loan amount, annual percentage rate, and the purpose of the loan.
4. After reviewing various loan listings, Alice, an investor on the platform, chooses to contribute $1,000 to Bob's loan.
5. Once enough lenders have funded the loan, Bob receives the full $10,000 loan amount.
6. Bob makes monthly payments to the P2P lending platform, covering both the principal and interest.
7. The P2P lending network collects these repayments and distributes them to the participating lenders, including Alice.
8. Over time, Alice and the other lenders earn returns on their investments through the interest payments made by Bob.
Here is a compilation of asset management firms that have submitted applications for a Bitcoin ETF spot:
1. BlackRock (with $10 trillion in assets under management)
2. Fidelity (managing $4.5 trillion)
3. Invesco Galaxy (handling $1.5 trillion)
4. Franklin Templeton (overseeing $1.5 trillion)
1. BlackRock (with $10 trillion in assets under management)
2. Fidelity (managing $4.5 trillion)
3. Invesco Galaxy (handling $1.5 trillion)
4. Franklin Templeton (overseeing $1.5 trillion)
Some examples of P2P lending platforms:
1. LendingClub: LendingClub stands as one of the largest P2P lending platforms in the United States. It provides a variety of financial products, including personal loans, business loans, and auto refinancing options, facilitating direct connections between borrowers and lenders.
2. Zopa: Zopa is a prominent P2P lending platform based in the United Kingdom. It operates in the realms of personal loans and investments, linking borrowers and investors directly to facilitate lending and borrowing transactions.
3. Aave: Aave represents a decentralized P2P lending platform built on the Ethereum blockchain. This platform enables users to lend and borrow cryptocurrencies while interest rates are determined by supply and demand dynamics. Aave offers a wide array of features, including incentives for liquidity mining, the provision of flash loans, and collateralized borrowing.
1. LendingClub: LendingClub stands as one of the largest P2P lending platforms in the United States. It provides a variety of financial products, including personal loans, business loans, and auto refinancing options, facilitating direct connections between borrowers and lenders.
2. Zopa: Zopa is a prominent P2P lending platform based in the United Kingdom. It operates in the realms of personal loans and investments, linking borrowers and investors directly to facilitate lending and borrowing transactions.
3. Aave: Aave represents a decentralized P2P lending platform built on the Ethereum blockchain. This platform enables users to lend and borrow cryptocurrencies while interest rates are determined by supply and demand dynamics. Aave offers a wide array of features, including incentives for liquidity mining, the provision of flash loans, and collateralized borrowing.
How to Trade with Best Strategy
Trading with the best strategy is a goal for many traders, but it's important to remember that there is no one-size-fits-all strategy that guarantees success in trading. The "best" strategy often depends on your personal trading goals, risk tolerance, and the specific assets you are trading. However, here are some general steps to help you develop and implement a successful trading strategy:
Education and Research:
Start by thoroughly educating yourself about the financial markets, trading ins
Education and Research:
Start by thoroughly educating yourself about the financial markets, trading ins
Peer-to-peer (P2P) lending:
also known as marketplace lending, is a lending model that harnesses online platforms to directly connect lenders and borrowers, eliminating the need for traditional financial intermediaries like banks.
Within the realm of P2P lending, individuals or businesses in need of loans can create loan listings on P2P platforms to request funding. Meanwhile, individual investors or institutional lenders have the opportunity to review these listings and decide whether to provide funding based on their risk tolerance and expected returns.
P2P lending platforms act as intermediaries, facilitating various processes, including loan applications, credit assessments, and loan management. They leverage technology to enhance the overall user experience and match lenders with borrowers. The loans themselves can be utilized for diverse purposes, such as consolidating debts, obtaining small business financing, covering educational expenses, or securing personal loans.
It's essential to note that P2P lending platforms operate under the legal framework of the country where they are based. These platforms must adhere to relevant laws and regulations, especially those designed to protect both borrowers and investors, which can vary from one jurisdiction to another.
How to earn passive income with peer-to-peer lending?
let's discuss it in part 2.🙂
also known as marketplace lending, is a lending model that harnesses online platforms to directly connect lenders and borrowers, eliminating the need for traditional financial intermediaries like banks.
Within the realm of P2P lending, individuals or businesses in need of loans can create loan listings on P2P platforms to request funding. Meanwhile, individual investors or institutional lenders have the opportunity to review these listings and decide whether to provide funding based on their risk tolerance and expected returns.
P2P lending platforms act as intermediaries, facilitating various processes, including loan applications, credit assessments, and loan management. They leverage technology to enhance the overall user experience and match lenders with borrowers. The loans themselves can be utilized for diverse purposes, such as consolidating debts, obtaining small business financing, covering educational expenses, or securing personal loans.
It's essential to note that P2P lending platforms operate under the legal framework of the country where they are based. These platforms must adhere to relevant laws and regulations, especially those designed to protect both borrowers and investors, which can vary from one jurisdiction to another.
How to earn passive income with peer-to-peer lending?
let's discuss it in part 2.🙂
The Swift Evolution of the Internet and the Promising Future of Blockchain Technology.
In the blink of an eye, the world has witnessed a remarkable transformation brought about by the rapid advancement of the internet. Today, we stand on the cusp of yet another technological revolution, driven by blockchain technology—a force poised to reshape industries and redefine the way we interact with the digital world.
The Accelerated Internet Age
The internet's development has been nothing short of astonishing. Just a few decades ago, it was a novelty, accessible to only a select few. T
The Accelerated Internet Age
The internet's development has been nothing short of astonishing. Just a few decades ago, it was a novelty, accessible to only a select few. T
In response to a recent cyber breach that compromised non-sensitive data, FTX, a cryptocurrency exchange facing bankruptcy, has taken steps to enhance the security of its customer claims portal.
FTX, the bankrupt cryptocurrency exchange, has now reopened its customer claims portal, which had been temporarily shut down following a cyber attack. This allows individuals to submit claims for assets they held on the exchange before it went insolvent.
On September 16, FTX issued a statement on X (formerly Twitter), assuring the public that none of its systems were impacted by the cyber breach, which specifically involved its designated bankruptcy claims agent, Kroll.
FTX communicated to its account holders, who were affected by the exchange's bankruptcy, that they can now regain access to their accounts and proceed with the claims process related to the bankruptcy.
The claims portal facilitates access to account information and the submission of claims for customers who had accounts with FTX, FTX US, Blockfolio, FTX EU, FTX Japan, and Liquid as part of the company's restructuring efforts.
FTX emphasized that freezing the accounts had been a precautionary measure and emphasized the implementation of additional security measures.
This development follows a series of reported issues with the claims portal in recent times.
On August 27, FTX temporarily suspended accounts for users who had accessed its claims portal after the cybersecurity attack on Kroll was revealed.
It was clarified that the breach had exposed non-sensitive customer data for specific claimants, with FTX affirming that account passwords, systems, and funds remained unaffected.
The customer claims portal was initially launched on July 11 but had experienced an unexplained downtime after just one hour.
FTX, the bankrupt cryptocurrency exchange, has now reopened its customer claims portal, which had been temporarily shut down following a cyber attack. This allows individuals to submit claims for assets they held on the exchange before it went insolvent.
On September 16, FTX issued a statement on X (formerly Twitter), assuring the public that none of its systems were impacted by the cyber breach, which specifically involved its designated bankruptcy claims agent, Kroll.
FTX communicated to its account holders, who were affected by the exchange's bankruptcy, that they can now regain access to their accounts and proceed with the claims process related to the bankruptcy.
The claims portal facilitates access to account information and the submission of claims for customers who had accounts with FTX, FTX US, Blockfolio, FTX EU, FTX Japan, and Liquid as part of the company's restructuring efforts.
FTX emphasized that freezing the accounts had been a precautionary measure and emphasized the implementation of additional security measures.
This development follows a series of reported issues with the claims portal in recent times.
On August 27, FTX temporarily suspended accounts for users who had accessed its claims portal after the cybersecurity attack on Kroll was revealed.
It was clarified that the breach had exposed non-sensitive customer data for specific claimants, with FTX affirming that account passwords, systems, and funds remained unaffected.
The customer claims portal was initially launched on July 11 but had experienced an unexplained downtime after just one hour.
Price Pattern of Meme Tokens:
✅ No Utility token, or its utility is only developed after launch. The goal is to maintain hodler enthusiasm.
✅ Those who benefit the most are those who buy early (Insiders, Developers, Lucky individuals, etc.).
❎ Listing on Centralized Exchanges (CEX) often results in a liquidity exit.
✅ No Utility token, or its utility is only developed after launch. The goal is to maintain hodler enthusiasm.
✅ Those who benefit the most are those who buy early (Insiders, Developers, Lucky individuals, etc.).
❎ Listing on Centralized Exchanges (CEX) often results in a liquidity exit.
Coinbase Earns $1 Million Amid Hack, But Victims Remain Unreimbursed.
During the $73 million Curve exploit in July, which caused momentary price fluctuations on the DeFi platform, Coinbase was involved in processing transactions related to the exploit, receiving a substantial payout of 570 ETH.
This payout is the second-largest ever associated with Miner Extractable Value (MEV) in Ethereum's history. The payment of 570 ETH was made by a trading bot aiming to capitalize on the unique arbitrage opportunity created by the exploit.
Interestingly, the Ethereum validator responsible for receiving this payment was unknowingly operated by Coinbase, making the exchange an unintentional beneficiary of the incident.
In light of these developments, Alchemix, one of the victims of the exploit, has contacted Coinbase in an attempt to secure a refund for the affected parties. However, it appears that Coinbase has not yet provided restitution for the victims.
During the $73 million Curve exploit in July, which caused momentary price fluctuations on the DeFi platform, Coinbase was involved in processing transactions related to the exploit, receiving a substantial payout of 570 ETH.
This payout is the second-largest ever associated with Miner Extractable Value (MEV) in Ethereum's history. The payment of 570 ETH was made by a trading bot aiming to capitalize on the unique arbitrage opportunity created by the exploit.
Interestingly, the Ethereum validator responsible for receiving this payment was unknowingly operated by Coinbase, making the exchange an unintentional beneficiary of the incident.
In light of these developments, Alchemix, one of the victims of the exploit, has contacted Coinbase in an attempt to secure a refund for the affected parties. However, it appears that Coinbase has not yet provided restitution for the victims.
Top 10 Companies with the Largest Bitcoin Holdings:
1. MicroStrategy Inc.
Symbol NASDAQ : MSTR
Country: US
Total Bitcoin: 152,800
Entry Value (USD): $4,127,000,000
Today's Value (USD): $4,046,687,560
% of Total BTC Supply: 0.728%
2. Marathon Digital Holdings
Symbol NASDAQ : MARA
Country: US
Total Bitcoin: 12,964
Entry Value (USD): $189,087,000
Today's Value (USD):
$343,332,837
% of Total BTC Supply: 0.062%
3. Galaxy Digital Holdings
Symbol TSE: GLXY
Country: US
Total Bitcoin: 12,545
Today's Value (USD): $332,236,227
% of Total BTC Supply: 0.06%
4. Coinbase Global, Inc
Symbol NASDAQ: COIN
Country: US
Total Bitcoin: 10,766
Entry Value (USD): $207,783,800
Today's Value (USD): $285,121,978
% of Total BTC Supply: 0.051%
5. Tesla, Inc.
Symbol NASDAQ : TSLA
Country: US
Total Bitcoin: 10,500
Entry Value (USD): $336,000,000
Today's Value (USD): $278,077,352
% of Total BTC Supply: 0.05%
6. Hut 8 Mining Corp
Symbol NASDAQ : HUT
Country: CA
Total Bitcoin: 9,315
Today's Value (USD): $246,694,337
% of Total BTC Supply: 0.044%
7. Block Inc.
Symbol NYSE : SQ
Country: US
Total Bitcoin: 8,027
Entry Value (USD): $220,000,000
Today's Value (USD): $212,583,515
% of Total BTC Supply: 0.038%
8. Riot Platforms, Inc
Symbol NASDAQ: RIOT
Country: US
Total Bitcoin: 7,094T
oday's Value (USD): $187,874,356
% of Total BTC Supply: 0.034%
9. Hive Blockchain
Symbol NASDAQ:HIVE
Country: CA
Total Bitcoin: 2,332
Today's Value (USD): $61,759,656
% of Total BTC Supply: 0.011%
10. NEXON Co Ltd
Symbol TYO:3659
Country: JP
Total Bitcoin: 1,717
Entry Value (USD): $99,974,042
Today's Value (USD): $45,472,268
% of Total BTC Supply: 0.008%
1. MicroStrategy Inc.
Symbol NASDAQ : MSTR
Country: US
Total Bitcoin: 152,800
Entry Value (USD): $4,127,000,000
Today's Value (USD): $4,046,687,560
% of Total BTC Supply: 0.728%
2. Marathon Digital Holdings
Symbol NASDAQ : MARA
Country: US
Total Bitcoin: 12,964
Entry Value (USD): $189,087,000
Today's Value (USD):
$343,332,837
% of Total BTC Supply: 0.062%
3. Galaxy Digital Holdings
Symbol TSE: GLXY
Country: US
Total Bitcoin: 12,545
Today's Value (USD): $332,236,227
% of Total BTC Supply: 0.06%
4. Coinbase Global, Inc
Symbol NASDAQ: COIN
Country: US
Total Bitcoin: 10,766
Entry Value (USD): $207,783,800
Today's Value (USD): $285,121,978
% of Total BTC Supply: 0.051%
5. Tesla, Inc.
Symbol NASDAQ : TSLA
Country: US
Total Bitcoin: 10,500
Entry Value (USD): $336,000,000
Today's Value (USD): $278,077,352
% of Total BTC Supply: 0.05%
6. Hut 8 Mining Corp
Symbol NASDAQ : HUT
Country: CA
Total Bitcoin: 9,315
Today's Value (USD): $246,694,337
% of Total BTC Supply: 0.044%
7. Block Inc.
Symbol NYSE : SQ
Country: US
Total Bitcoin: 8,027
Entry Value (USD): $220,000,000
Today's Value (USD): $212,583,515
% of Total BTC Supply: 0.038%
8. Riot Platforms, Inc
Symbol NASDAQ: RIOT
Country: US
Total Bitcoin: 7,094T
oday's Value (USD): $187,874,356
% of Total BTC Supply: 0.034%
9. Hive Blockchain
Symbol NASDAQ:HIVE
Country: CA
Total Bitcoin: 2,332
Today's Value (USD): $61,759,656
% of Total BTC Supply: 0.011%
10. NEXON Co Ltd
Symbol TYO:3659
Country: JP
Total Bitcoin: 1,717
Entry Value (USD): $99,974,042
Today's Value (USD): $45,472,268
% of Total BTC Supply: 0.008%
BRICS: Is Chinese Yuan a Growing Threat to the U.S. Dollar?
At the ongoing summit in Johannesburg, the BRICS alliance has emphasized its intention to utilize local currencies for settling cross-border transactions among member nations. Among these currencies, the Chinese Yuan stands out as a formidable contender for facilitating remittances.
The question arises: If more countries opt to move away from the U.S. dollar and engage in trade using the Chinese Yuan, what impact will this have on the future of the greenback? In this article, we will assess the extent to which the Chinese Yuan might challenge the U.S. dollar's dominance.
Benn Steil, the Director of International Economics at the Council on Foreign Relations, has voiced the perspective that the Chinese Yuan is not poised to threaten the U.S. dollar. Steil pointed out that the Yuan constitutes less than 3% of the world's total global reserves. In stark contrast, the U.S. dollar accounts for a commanding 59% share of all global transactions in 2023. This substantial discrepancy between the two currencies suggests that the Chinese Yuan may not rapidly ascend in significant numbers.
The economist further emphasized that other currencies face limited prospects in challenging the global prominence of the U.S. dollar. He stressed that the primary threat to the USD emanates from the U.S. government and the Federal Reserve. According to Steil, unfavorable policies implemented by these entities could potentially hinder the dollar's trajectory, eventually creating room for other currencies to compete.
"The biggest threat to the dollar's dominance comes not from competitive alternatives, but from the U.S. government itself," he asserted. Additionally, he pointed out examples such as the recent federal debt ceiling standoff and the Fitch Ratings downgrade as manifestations of governance issues. Consequently, while foreign currencies may not pose a substantial threat to the USD, the policies of the U.S. government indeed represent a significant risk.
At the ongoing summit in Johannesburg, the BRICS alliance has emphasized its intention to utilize local currencies for settling cross-border transactions among member nations. Among these currencies, the Chinese Yuan stands out as a formidable contender for facilitating remittances.
The question arises: If more countries opt to move away from the U.S. dollar and engage in trade using the Chinese Yuan, what impact will this have on the future of the greenback? In this article, we will assess the extent to which the Chinese Yuan might challenge the U.S. dollar's dominance.
Benn Steil, the Director of International Economics at the Council on Foreign Relations, has voiced the perspective that the Chinese Yuan is not poised to threaten the U.S. dollar. Steil pointed out that the Yuan constitutes less than 3% of the world's total global reserves. In stark contrast, the U.S. dollar accounts for a commanding 59% share of all global transactions in 2023. This substantial discrepancy between the two currencies suggests that the Chinese Yuan may not rapidly ascend in significant numbers.
The economist further emphasized that other currencies face limited prospects in challenging the global prominence of the U.S. dollar. He stressed that the primary threat to the USD emanates from the U.S. government and the Federal Reserve. According to Steil, unfavorable policies implemented by these entities could potentially hinder the dollar's trajectory, eventually creating room for other currencies to compete.
"The biggest threat to the dollar's dominance comes not from competitive alternatives, but from the U.S. government itself," he asserted. Additionally, he pointed out examples such as the recent federal debt ceiling standoff and the Fitch Ratings downgrade as manifestations of governance issues. Consequently, while foreign currencies may not pose a substantial threat to the USD, the policies of the U.S. government indeed represent a significant risk.
SEC Approval of Spot Bitcoin ETF Now Has a 'Better Than 50/50' Probability, Says Marathon Digital CEO
According to Fred Thiel, the CEO of Marathon Digital, there is now a greater than 50/50 chance of the US Securities and Exchange Commission (SEC) approving a Spot Bitcoin ETF. In an interview with Decrypt, Thiel also mentioned that the approval of an Ethereum Futures ETF could further increase the likelihood of approval.
The race to secure approval for a Bitcoin Spot ETF has been a central topic in the digital asset industry. Various digital asset companies and traditional financial entities, including BlackRock and Valkyrie, have all been vying for approval, and the prospects are looking increasingly positive.
Thiel emphasized the significance of major players like BlackRock seeking approval, stating that they seem to have a high level of confidence in obtaining it. He added, "I think what is certain is that if one gets approved, a number of them will get approved. That doesn’t mean all of them will get approved, but a number of them will get approved. I don’t think the SEC can play favorites and choose just one."
Furthermore, Thiel highlighted that the approval of an Ethereum Futures ETF could enhance the chances of a Spot Bitcoin ETF approval. He expressed his optimism and mentioned that lobbying firms maintain a greater than 50% chance of approval.
According to Fred Thiel, the CEO of Marathon Digital, there is now a greater than 50/50 chance of the US Securities and Exchange Commission (SEC) approving a Spot Bitcoin ETF. In an interview with Decrypt, Thiel also mentioned that the approval of an Ethereum Futures ETF could further increase the likelihood of approval.
The race to secure approval for a Bitcoin Spot ETF has been a central topic in the digital asset industry. Various digital asset companies and traditional financial entities, including BlackRock and Valkyrie, have all been vying for approval, and the prospects are looking increasingly positive.
Thiel emphasized the significance of major players like BlackRock seeking approval, stating that they seem to have a high level of confidence in obtaining it. He added, "I think what is certain is that if one gets approved, a number of them will get approved. That doesn’t mean all of them will get approved, but a number of them will get approved. I don’t think the SEC can play favorites and choose just one."
Furthermore, Thiel highlighted that the approval of an Ethereum Futures ETF could enhance the chances of a Spot Bitcoin ETF approval. He expressed his optimism and mentioned that lobbying firms maintain a greater than 50% chance of approval.
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