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Jaipur Investment:Bitcoin may fall to $ 58,000 / The United States is the country where 2024 is most interested in cryptocurrencies

Time:2024-10-25 Read:29 Comment:0 Author:Admin88

Bitcoin may fall to $ 58,000 / The United States is the country where 2024 is most interested in cryptocurrencies

1. Bitcoin may fall to about $ 58,000

2. The next milestone of Ethereum may be the expiration of Walker Tree and historical data

3. The United States is the country that is most interested in artificial intelligence and cryptocurrencies in 2024

4Jaipur Investment. Hong Kong encrypted participants urged the authorities to speed up the approval and launch the existing Bitcoin ETF

5. South Africa will issue licenses to 60 encryption platforms before the end of March

Bitcoin may fall to about $ 58,000

SwissBlock analysts said that since the end of January, the price of Bitcoin has almost doubled, but "the reverse trend seems to be coming."SwissBlock analysts pointed out that the rise of Bitcoin is weakening, and the negative back of the price and the RSI momentum index highlight this.BTC may fall 20%from the current price in the short term to about $ 58,000, but SwissBlock is expected to resume upward trends later.

Bitcoin ETF may be open on more platforms by the end of this year

According to Bloomberg ETF senior analyst Eric Balchunas, the Bitcoin ETF may usher in two major catalysts by the end of this year because they will be open on more platforms.Balchunas said whether the first catalyst involved whether the Bitcoin ETF could be touched by the asset management industry. ETFs have not appeared on any important offline platform.assets.The second catalyst will be the option transaction of launching Bitcoin ETF. He estimates that ETF -based options will be available in September.

Bitcoin spot ETF net inflow is positive, BTC will maintain rising up

Galaxy Digital founder and CEO Michael Novogratz said the price of Bitcoin has been rising, mainly because the recently approved spot ETF of the United States continues to flow into funds. As long as the net inflows are positive, the price of Bitcoin will continue to rise.Once it becomes negative, people will see the first real adjustment.At present, the crypto market is full of bubbles, and the financing interest rate is very high. In such a period, investors must be prepared for adjustment.However, it personally believes that the price of the currency will not return to $ 50,000 to less than $ 55,000.Unless dramatic things happen, this will be a new bottom.Novogratz said that after the spot Bitcoin ETF was approved, the market suddenly changed its mentality.The infant wave generation invests through a registered investment consultant and tries to invest in Bitcoin for the first time.At the same time, Bitcoin holders do not like to sell, and they often consider their net assets based on the number of Bitcoin they own instead of having a number of dollars.Bitcoin is currently in the price discovery model and may reach $ 100,000.

Ethereum Dencun upgrade has been completed on the main network.

Beaconcha.in data shows that the EPOCH (269568) is finally confirmed by the DENCUN upgrade EPOCH (269568), marking the final completion of the Dencun upgrade.The main goal of the Ethereum Dencun upgrade is to enhance the scalability and modularization of the Layer 2 network, enhance the security function of the Ethereum network, and improve the overall availability.

Tomorrow's Ethereum Allcorevs Conference will discuss related matters of "Prague Upgrade"

After the Ethereum Dencun was upgraded, the core developer Tim Beiko said in the answer to the community's "What is the next plan" and said that he will discuss the EIP -7600 in the entire core developer meeting of tomorrow.It is reported that the replacement of the EIP -7600 Series PECTRA upgrade is that the upgrade of Dencun is actually the same name of the two upgrades of DENEB and Cancun. PECTRA upgrade is the collective name of the two upgrades of Prager and Electra. Among them, Prager is a relatively familiar "Prague upgrade" for the community.The PECTRA upgrade is expected to include four Ethereum improvement proposals, namely EIP-2537, EIP-6110, EIP-7002, EIP-7549.

The next milestone of Ethereum may be the expiration of Walker Tree and historical data

Ethereum co -founder Vitalik Buterin said in Warpcast that Basic Rollup Scaling milestone has been realized, and the next milestone may be Verkle Trees and History Expiry.

The total market value of cryptocurrencies exceeded 2.9 trillion US dollars, and the market share of BTC reached 49.7%

Data show that the current market value of cryptocurrencies has exceeded US $ 2.9 trillion, currently US $ 2.908 trillion, and the 24 -hour transaction value is US $ 2009.2 billion.At present, the BTC market value is 1,445,832,048,183 US dollars, the market share is 49.7%, the market value of ETH is 489,442,538,644 US dollars, and the market share is 16.8%.

The scale of Bellaide's IBIT asset management has reached 15 billion US dollars

After two months after the start of the Black IBIT spot Bitcoin ETF, the management assets have reached $ 15 billion.On Tuesday, IBIT also witnessed the maximum single -day capital inflow of US $ 849 million, and the total net inflow of all ETFs exceeded the record of 1 billion US dollars.

The United States is the country that is most interested in artificial intelligence and cryptocurrencies in 2024

According to the statistics of Coingecko, the United States is the country that is most interested in artificial intelligence and cryptocurrencies in 2024, accounting for 18.9%of global interest share, followed by Britain (9.1%) and Turkey (6.5%).The United States and Britain also led the Memecoin boom last year, which shows their importance in the cryptocurrency market.Similarly, this year's artificial intelligence cryptocurrency and MEMECOIN ranking last year, five countries in India, Australia, Canada and the Philippines are also leading.

American parliamentarians have argued whether cryptocurrencies should become part of the CFPB proposed rules

American councilors debate the new regulations proposed by the Consumer Financial Protection Agency. The regulations may include the payment applications (such as PayPal and Venmo) into the scope of supervision and involve cryptocurrencies.At the hearing of Congress, some Republicans of the House of Representatives accused CFPB of the work of CCPB ahead of Parliament's efforts to legislative legislation and asked whether witnesses had the right to supervise the cryptocurrency industry.Some Democratic members said that CFPB is necessary for the volatility of cryptocurrencies.They said that many cryptocurrencies launched in the past few years have "disappeared", causing people to lose investment.The focus of the debate is a proposed provision called "Define the larger participants in the digital consumer payment application market in general uses", which is proposed for the first time in November last year.This regulation will give CFPB supervision of "larger non -banking companies" and require non -bank financial companies that have more than 5 million transactions each year to follow the same rules as large banks and credit cooperatives.Kolkata Wealth Management

The European Banking Authority (EBA) issued the last batch of stable currencies involving a variety of currencies in accordance with MICA regulations

The EU banking regulatory agency released the last batch of stable currency requirements for the last batch of stable currencies involving a variety of currencies in accordance with the European Union's milestone crypto asset market (MICA) supervision.The European Banking Authority (EBA) has been working with ESMA with EU market regulatory agency ESMA to formulate rules in accordance with MICA.Wednesday's publications are one of the number of publications released by the regulatory agency.EBA and ESMA are consulting many other regulatory technical standards (RTS).The release of RTS lists Mica defined asset reference tokens (ART) "the requirements, templates and program complaints received by the issuer".

European Central Bank Executive Officer plans to launch a digital euro CBDC in November 2025

Piero Cipollone, a member of the European Central Bank Executive Committee, said that the European Central Bank is promoting the launch of a digital euro plan to provide a pan -European digital payment solution that supplements cash.According to the instructions issued on March 13, Cipollone delivered a speech at the Convegno Innovation Payment Conference to outline the basic design selection and basic principles behind the digital euro project.Piero Cipollone also emphasized that at present, Europe lacks digital payment methods covering all euro zone countries. 13 of the 20 countries rely on international digital payment plans to solve 69%of all the digital transactions in the EU.The euro area provides a standardized digital payment platform.

Russia signed laws to allow the use of digital assets to pay for sanctions to avoid sanctions

This week, Vladimir Putin signed a law that allows the use of digital financial assets (DFA) for foreign trade payment.Russia's DFA concepts include token assets and financial instruments issued through central bank regulatory agencies.The central bank hopes to ensure that these assets will not start to replace the rubles, so DFA is prohibited from paying.This situation still exists in China, but in order to avoid sanctions by Russia's invasion of Ukraine, they are looking for a solution to replacement.The legislation has changed the definition of certain currency transactions and includes digital rights such as DFA.In addition, the central bank can also formulate conditions for payment using DFA.The Russian central bank is a firm supporter of anti -money laundering.However, the Russian Federal Parliament stated in a statement, "Due to existing sanctions risks, federal law does not require providing information about the beneficiary of those who issued digital financial assets." The new law also allows to transfer insurance contracts through digital platformsNon -national pension and long -term savings.Generally, such assets cannot be transferred.

Israel approved the first stablecoin BILS pilot to be linked to the new Shekl of Israel

Israel approved the first stable currency BILS pilot to be linked to the new Shekl of Israel.The initiative was led by the Cryptocurrency Bitter Bits of Gold and the Israeli Capital Market, Insurance and Savings Administration.International standards and principles formulated by Israeli Bank.

The Hong Kong government has recently launched public consultation

The Hong Kong government has recently launched public consultation on supervising the Diplomacy (OTC) of the Virtual Assets Fair, and it is recommended to introduce a license -issuing system.An individual who engages in the spot trading business of virtual assets in Hong Kong, whether it is a physical store or a digital form, must apply to the Customs Corporation to observe the license and comply with anti -money laundering.wait.Hashkey Exchange, Hashkey Exchange, local licensed virtual asset trading platform, met with the Hong Kong Customs recently to talk about OTC regulatory policies and the development of virtual assets.Hashkey said that it will strictly abide by the current anti -money laundering and other regulations, and discuss the OTC business with the government and regulators to promote the standardized development of the industry.

Hong Kong encrypted participants urged the authorities to speed up the approval and launch the existing Bitcoin ETF

According to a report, participants in the cryptocurrency industry in Hong Kong urged the authorities to accelerate the approval and launch the existing Bitcoin ETF. Some major participants in Hong Kong believe that the continuous postponing ETF will make Asian investors unfavorable.Local reports show that the Hong Kong currency authorities have accepted the application of spot Bitcoin ETFs in December 2023, but have not yet launched related products.The report also revealed that the authorities are considering approving the spot Ethereum ETF.Insiders believe that this initiative in the United States will enhance Hong Kong's position in the global cryptocurrency market.

South Africa will issue licenses to 60 encrypted platforms before the end of March

South Africa will issue licenses to about 60 cryptocurrency platforms by the end of March, making it one of the first countries in mainland Africa that requires the digital asset exchange to obtain an operating license.Crypto asset providers are seeking approval.The regulatory bureau allows the exchange to apply for a license before November 30, otherwise it will face the risk of law enforcement operations.Kolkata Investment

Indonesian financial regulatory agencies have released new cryptocurrency regulations to strengthen the industry

The Indonesian Financial Services Regulatory Institution Finance Service (OJK) has released new regulations to implement technological innovation in the financial field, which will be applied to cryptocurrencies from January 2025.This rule is a guide for banks, insurance companies and other financial industries how to use new technologies for innovation when exploring the possibility of new technologies.This regulation discusses how innovation in the financial sector affects different financial products and services and how the company performs digital operations.It also includes guidelines for protecting customers, setting up testing environments (sandboxes) for new technologies, and reporting the results of these test results.It is important that it covers activities involving digital financial assets (including cryptocurrencies).OJK is working closely with the current cryptocurrency regulatory agency BAPPEBTI and Indonesian banks to create a transition team to manage the supervision of digital financial assets.

Thailand approves to levy income tax for investment tokens

The Thai Cabinet approved the tax exemption policy for cryptocurrency income on Tuesday to encourage financing through investment tokens.Based on this exemption, 15%of the investment token holders who have paid 15%of capital benefits do not need to count the profit when calculating the income tax, which basically ended the dual taxation.Kulaya Tantitemitmit, director of Thailand's Taxation Bureau, said that the Ministry of Finance recognizes the importance of digital tokens to investment (investment tokens) through the Taxation Bureau, which will become another tool for operators in the country.

Indian investors may turn to cryptocurrencies

Indian Securities and Exchange Commission (SEBI) chairman Madhabi Puribuch said that if the traditional regulatory market cannot provide tokenization and instant settlement, Indian investors may turn to cryptocurrencies.In order to compete with cryptocurrencies, real -time settlement is required.

Salvador Bitcoin holds more than public estimates, there are many sources of income from Bitcoin

Salvador President Nayib Bukele said Salvador's Bitcoin holders may exceed public estimates.Nayib Bukele revealed that in addition to the capital income of Bitcoin purchased since September 2021, Bitcoin has been legalized to Salvador's legal currency, Salvador also generated income related to Bitcoin from various sources.

The US stock digital currency stock market rose initially, and Microslategy rose nearly 5%

The US stock digital currency stock market rose initially, MicroStrategy (MSTR.O) rose nearly 5%, Riot Blockchain (Riot.o) rose more than 2%, Marathon Digital (Mara.o) rose nearly 2%, and Jianan Technology (Can.o) 1.4%.

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