Grok’s Best Crypto to Buy in Uptober Ahead of ETF Approval
Grok’s Best Crypto to Buy in Uptober Ahead of ETF Approval
Quick Facts: 1️⃣ A record 16 ETF applications are set for SEC deadlines this month, making October the biggest ETF month in crypto history. 2️⃣ The SEC’s new generic listing standards have made it easier for spot crypto and altcoin ETFs to be approved and listed on major exchanges. 3️⃣ With institutions rushing in and […]
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Expert Predicts Bitcoin To Reach $180,000 And Ethereum $12,000 In Q4
After an impressive rally that propelled Bitcoin (BTC) to new heights above $126,000, the cryptocurrency market is now facing a wave of uncertainty. Major cryptocurrencies, including BTC, have seen a retracement to critical support levels, leaving many investors questioning the market’s direction. Bitcoin And Ethereum Prices Projected To Skyrocket Market expert Ash Crypto recently shared insights on social media platform X (formerly Twitter), suggesting that this pullback serves to liquidate bullish positions, particularly among retail investors. He predicts a potential rebound in mid-October, expressing optimism that the market will rally significantly by the end of the month. Related Reading: BNB Price Soars 600% From Bear Market Lows, Eyeing $1,980 As Next Target According to Ash Crypto, the prevailing sentiment among traders is one of fear, leading many to believe that the anticipated “PUMPTober” has been canceled. However, he argues that when market sentiment is at its most pessimistic, a substantial bounce is likely to occur, setting the stage for a parabolic rally in the fourth quarter. The expert’s projections estimate that Bitcoin could soar to between $150,000 and $180,000, while Ethereum (ETH) might reach between $8,000 and $12,000. This surge, he contends, would ignite a genuine altcoin season, with altcoins potentially experiencing gains of 10 to 50 times their current values within a few months. Analysts Predict Explosive Altcoin Phase Supporting this bullish outlook, analysts from The Bull Theory have noted that the cryptocurrency market is on the brink of its most explosive phase for altcoins. They draw parallels to the market behavior of 2020, when altcoins experienced a significant breakout after a lengthy base-building period. The analysts point out that the current market structure mirrors that of 2020, with a multi-year base formation and higher lows indicating that buyers are increasingly absorbing supply. The total altcoin market cap, excluding Bitcoin and Ethereum (referred to as TOTAL3), currently hovers around $1.14 trillion, just below a key resistance level of approximately $1.2 trillion. Historically, altseason has not commenced until this resistance is breached. As long as Bitcoin continues to reach new highs, liquidity tends to concentrate in BTC, leaving altcoins in the shadows. However, once TOTAL3 breaks through its ceiling, the analysts anticipate a massive upside, potentially pushing the altcoin market cap to between $5 trillion and $7 trillion. Related Reading: XRP Bull Run Reloaded: Analyst Says Momentum Mirrors 2017’s Explosive Rally This potential breakout is occurring alongside favorable conditions, including high Bitcoin dominance, significant inflows into Ethereum exchange-traded funds (ETFs), improving regulatory clarity, and the resumption of global liquidity injections from countries like China and Japan. The current period of consolidation, rather than indicating weakness, is seen as a necessary phase before a broader expansion. As analysts emphasize, altseason does not begin arbitrarily; it commences when TOTAL3 decisively breaks out of its resistance. Featured image from DALL-E, chart from TradingView.com
Crypto ETPs Set To Be Included In UK Tax-Free Accounts And Pension Funds From 2026
The UK government has made a significant announcement, allowing investors to include cryptocurrency ETPs within tax-advantaged individual savings accounts (ISAs) and pension funds. This decision comes alongside the Financial Conduct Authority’s (FCA) recent lifting of its ban on retail investors purchasing crypto ETPs, although retail access is expected to remain limited for the time being […]
Analisi su Bitcoin e Bitcoin Hyper: Cosa C’è da Sapere
Nel 2010, Bitcoin valeva pochi centesimi. Un anno dopo era già a 20 dollari. Sei anni più tardi, raggiungeva i 17.000 dollari, e oggi supera i 110.000, dopo aver toccato un massimo storico di 123.000 a luglio. Chi avesse investito all’inizio avrebbe oggi un ritorno del 188.643.000%. Oggi colossi come Mastercard, JP Morgan e molte […]
$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion agenda with 251 votes. President Lula labeled this development as an “imposed defeat to the Brazilian people,” while local crypto groups applauded the outcome. Brazil Defeats Crypto Tax Measure in Congress The crypto industry in […]
BTC Dip Could Ignite a $150K Rally Despite Large $363M+ Whale Sell-Off – HYPER Presale Nears $23M to Scale Bitcoin
Quick Facts: 1️⃣ An OG whale rattled the market after offloading over $393M in $BTC and opening a massive $419M short on Hyperliquid. 2️⃣ But institutional demand still remains strong. Strategy’s $80B Bitcoin treasury now ranks #5 among all US corporate treasuries, surpassing giants like NVIDIA, Apple, and Meta. 3️⃣After $BTC’s $126K ATH, a crypto […]
- CoinDesk
Analysis: Market Is Undervaluing the Possibility Cardano (ADA) ETF Is Delayed Until 2026
With the SEC running on skeleton staff during the prolonged U.S. government shutdown, crypto ETF reviews are effectively frozen. A weeks-long pause could push Cardano’s long-awaited ETF decision past its 2025 deadline and into the new year.