CryptoQuant, a crypto market analytics firm, predicts that Bitcoin has emerged from the bear market and institutions are waiting for confirmation. The recent US banking crisis has caused Bitcoin to appreciate rapidly to over $27,000, with its correlation to gold surpassing its correlation to the S&P. Benjamin Brannan, CryptoQuant's Head of BD & Strategy, predicts that Bitcoin could realistically reach $1 million in the long term. Despite the tightening regulatory situation in the US, Brannan believes that Bitcoin is difficult to regulate compared to other cryptocurrencies. Chung, on the other hand, thinks that Bitcoin is unlikely to drop to its previous low of $16,000 and may surpass its previous all-time high by Q2 2024.
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CryptoQuant Predicts Bullish Times Ahead for Bitcoin, with Institutional Clients Eyeing Q3 and Q4 2023 Investment Opportunities
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Crypto community slams WazirX’s 'socialized losses' plan after hack
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Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
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Trump team files complaint over Harris inheriting $96 million in Biden campaign funds
According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending. -
Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry
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Crypto Industry Disappointed as Digital Assets Fail to Make an Appearance in First 2024 US Presidential Debate
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