What took place in crypto the past week? Bitcoin is fairly silent, while the Ethereum structure is shaken to its core (you see what I did here?). Solana rose with Trump. SEC is playing its cards. What else? Review below:
- Bitcoin: Larry Fink, BlackRock’s CEO, predicted something like $ 700 K for 1 BTC. Well, when before, he additionally called Bitcoin an index of cash laundering, so, it is not that he understands much concerning it. Better scientists like Markus Thielen were speaking about accurate patterns of 18 K leaps, so the following sensible target would be $ 122 K. Today BTC briefly reached $ 109 5 K. MicroStrategy proceeds buying BTC, one more 110 K BTC for $ 1 1 B. Meanwhile, China quietly marketed 194 K BTC, worth $ 19 7 B, through exchanges like Huobi (the PlusToken ponzi system stow away from the 2019 crackdown). Nasdaq suggested a policy modification to allow in-kind redemptions of BlackRock’s Area BTC ETF, yet not for retail financiers. Previously you could get money, yet not BTC.
- Ethereum: ETH was down 0. 88 %, unlike BTC, which was up 3 40 %. After the Ethereum Foundation shake-up, management changes aim to strengthen technical proficiency and community support. They faced criticism for …