Crypto News: BTC Dump, SEC vs. Consensys, Fetch.ai, NVIDIA & MORE!
Published: 2024-06-24
Status:
Available
|
Analyzed
Published: 2024-06-24
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is predicted to bounce from its current support level on the weekly chart.
"if you need proof look no further than the weekly chart BTC appears to be ready to bounce from the Ballinger band moving average"
Pending
The SEC has reportedly closed its investigation into Ethereum 2.0 (proof-of-stake) and will not bring charges related to ETH sales as securities.
"the SEC stated that it had ended its investigation into consensus regarding ethereum 2.0 I.E proof of stake per consensus' own announcement and I quote the enforcement division of the SEC has notified us that it's closing its investigation into ethereum 2.0 this means the SEC will not bring charges alleging the sales of eth are security transactions"
Pending
The SEC might still investigate Ethereum sales that occurred during its proof-of-work era, potentially involving Consensus.
"there could still be ongoing investigations related to proof of work ethereum an era during which consensus could very well have sold eth to investors"
Pending
Spot Ethereum ETFs are predicted to be approved soon, which could be a bullish catalyst for ETH.
"the spot ethereum ETFs could be approved as soon as this week which certainly could be a bullish Tailwind for E"
Pending
Jump Crypto is actively involved in building Solana's critical infrastructure, specifically the Fire Dancer validator client.
"jump crypto is building Sal's fire dancer validator client"
Pending
Jump Crypto developed Wormhole, a cross-chain bridge that is now a standard for major crypto projects.
"jump crypto built Wormhole the cross-chain Bridge that's become the standard for the largest crypto projects"
Pending
Jump Crypto created Pyth Network, a high-performance oracle that is becoming a standard in the crypto space.
"jump crypto built pith Network the high performance Oracle which is also becoming the standard in crypto"
Pending
Jump Crypto is facing significant trouble, which could negatively impact the Solana ecosystem.
"jump crypto is in deep trouble and sana's ecosystem could be in trouble by extension"
Pending
The CFTC's investigation into Jump Crypto could lead to delays or cancellations of Solana's Fire Dancer client, originally planned for release this year.
"the direct consequence of salana could be delays or even cancellations of its fire dancer client which was scheduled to be released later this year"
Pending
Issues with Solana's Fire Dancer client due to the CFTC's investigation into Jump Crypto are predicted to be very bearish for the SOL token.
"this means that any issues around fire dancer because of the cftc's investigation into jump crypto could be very bearish for soul"
Pending
The April stock buyback blackout period coincided with a stock market correction that caused Bitcoin to drop below $60,000.
"the last stock buyback blackout period was in April this happens to correspond to the last stock market correction a correction which took BDC below 60k"
Pending
If historical patterns repeat, Bitcoin could experience a more significant price drop from its current lower starting point.
"of course BTC is starting from a lower price point this time meaning it could go much lower if history repeats"
Pending
Pendle is predicted to decline to approximately $5 before its next price movement.
"it looks like Pendle will fall to around $5 before deciding where it wants to go next"
Pending
Tron's TRX token is expected to remain strong, with 10 cents seen as the next likely price level.
"it doesn't look like TRX will fall too far 10 cents seems to look like the next logical stop"
Pending
Fetch.ai's FET token has begun to correct and is predicted to fall to as low as 75 cents soon.
"like Nvidia fat has already started correcting and could fall as low as 75 cents in the coming days"
Pending
Ethereum Name Service (ENS) token is likely to move lower, potentially back to the $15 level.
"moving lower likely back to the $15 level"
Pending
Tether has launched a DeFi protocol called Alloy, enabling the minting of a USDT-pegged stablecoin backed by their gold-backed XUT.
"tether has released a defi protocol called alloy which makes it possible for people to Mint a dollar pegged a usdt stable coin using tether's gold-backed xut as collateral"
Pending
Tether's gold-backed stablecoin launch might be the first of many, potentially leading to the reintroduction of the gold standard through crypto adoption.
"tether is just the first of many to launch a goldback USD stable coin if this is the case then crypto could succeed in bringing back the gold standard"
Pending
Bond vigilantes are concerned about the potential victory of the far-right in France's upcoming snap elections.
"the Bond vigilantes appear to be huffing and puffing about the possibility that the far right will win France's up up coming snap elections"
Pending
Investors are concerned that bond vigilantes might react negatively again following the UK's upcoming snap elections.
"some investors are worried that the Bond vigilantes could come back for round two after the UK's upcoming snap elections"
Pending
Nvidia's price correction is foreshadowing a potential crash in major stock market indices.
"Nvidia tops out the world's largest stock Falls from Grace as its price corrects foreshadowing a crash in major stock market indices"
Pending
Nvidia's stock performance is expected to significantly impact major indices like the S&P 500 due to its large allocation.
"this could have a profound impact on major stock market indices such as the S&P 500 because Nvidia is one of the largest allocations"
Pending
Escalation is anticipated in the Middle East, with reports indicating preparations for a larger conflict involving Israel, Iran, and Hezbollah in Lebanon.
"it looks like escalation is back on the menu there are numerous reports suggesting that Israel and Iran back has Bo ANS in Lebanon are preparing for a much larger conflict"
Pending
The combination of geopolitical tensions and European bond market volatility suggests significant market volatility in the coming weeks.
"when you add European bond market volatility into the mix it looks like the markets are going to be very volatile over the next few weeks"
Pending
The upcoming presidential debate between Biden and Trump is expected to feature pro-crypto statements that could positively impact the markets.
"the upcoming debate between President Biden and Donald Trump will result in some Pro crypto sound bites that could pump up the markets"
Pending