Crypto News: Grayscale Win, SEC, BTC ETFs, ETH Updates & MORE!!
Published: 2023-09-04
Status:
Available
|
Analyzed
Published: 2023-09-04
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Toncoin's associated wallet, Tone Space, is scheduled for launch by the end of the current month, making it an event to watch.
"it will be launched by the end of the month and that's definitely an exciting one to watch"
Pending
The future price movement of XDC Network is highly unpredictable due to its recent erratic price action.
"its recent price action suggests that it's been very unpredictable so you could say that it is anyone's guess as to what happens next"
Pending
Without significant positive catalysts, Iota's price may continue to decline, potentially reaching new all-time lows.
"in the absence of a more meaningful crypto Catalyst amiota could continue to drift lower possibly even to new lows"
Pending
The recent price increase for Safepal (SFP) might reverse in the near future.
"its recent rally could see a reversal in the coming days"
Pending
Analysis of Maker (MKR) token's price is deemed unproductive given the current market circumstances.
"in these circumstances there is no point in analyzing the price"
Pending
Grayscale's win in court does not guarantee automatic conversion of GBTC to a spot Bitcoin ETF.
"grayscale's Victory doesn't mean that gbtc will automatically be converted to a spot Bitcoin ETF"
Pending
The SEC may still reject Grayscale's Bitcoin ETF application on different, potentially stronger grounds.
"The SEC could still reject grayscale's application on some other perhaps more solid grounds"
Pending
Grayscale's application for a spot Bitcoin ETF conversion is unlikely to be approved before BlackRock's and other similar applications.
"it's unlikely that grayscale's application to convert gbtc into a spot Bitcoin ETF will be approved before the other spot Bitcoin ETF applications by asset managers like BlackRock"
Pending
The medium-term impact of another spot Bitcoin ETF approval could lead to selling pressure and create financial issues for DCG, Grayscale's parent company.
"in the medium term however it would likely result in the selling that I mentioned a few moments ago and potentially create issues for grayscale's parent company dcg"
Pending
Rising unemployment is predicted to put significant pressure on the Federal Reserve to cut interest rates within a few months.
"in a few months time unemployment could be well above the first four percent Target at that time investors will become the lucky ones because this rise in unemployment will put the FED under immense pressure to cut interest rates"
Pending
The Federal Reserve is anticipating and potentially encouraging a rise in unemployment, as it's seen as necessary for core inflation reduction, and may maintain high interest rates despite this.
"the FED is explicitly looking for unemployment to rise that's because a rise in unemployment is required for core inflation to come down this means the FED could keep rates High even as unemployment Rises"
Pending
Historical patterns suggest that the Federal Reserve will eventually be forced to cut interest rates due to an economic breakdown, such as a banking crisis or commercial real estate collapse.
"if history is any indication the FED will only be able to do this for so long before something breaks it could be another banking crisis or it could be a collapse in commercial real estate whatever the Catalyst it will force the FED to cut rates"
Pending
Based on historical trends, cryptocurrency is expected to be the first asset class to react to the impending economic shifts and subsequent rate cuts.
"history suggests this is what happens and also suggests that crypto is the first to react something to keep in mind for the coming months"
Pending