ilmscore | Central Banks Buying BITCOIN?! What This Means For CRYPTO!

Central Banks Buying BITCOIN?! What This Means For CRYPTO!

Published: 2024-07-03
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
The BIS is expected to allow commercial banks to hold up to 2% of their reserves in crypto starting January 1, 2025.
"the bis is expected to introduce standards for banks who want to hold crypto on their balance sheets at the start of next year these standards will give the commercial Banks the ability to hold up to 2% of their reserves in crypto from the 1st of January 2025"
Commercial Banks Holding Crypto
Pending
The cryptocurrency market's depth and liquidity are increasing, making it more likely for central banks to adopt Bitcoin, driven by inflows into US spot Bitcoin ETFs.
"the crypto Market needs to be deep and liquid enough to handle large transactions without affecting prices this is becoming more likely by the day thanks to the inflows coming into those spot Bitcoin ETFs in the US"
Bitcoin Adoption
Pending
Crypto market analysts predict the current bull market will peak in 2025.
"the majority of crypto Market analysts believe we'll see the current bull market Peak at some point in 2025"
Bitcoin Price
Pending
Spot Ethereum ETFs have been approved in the US and are expected to be listed soon, increasing the likelihood of banks considering Ethereum.
"and with spot ethereum ETFs now approved in the US banks are even more likely to consider e at the time of shooting these ETFs have been approved but haven't yet been listed"
Ethereum ETFs
Pending