FSInsight: Ether May Well Surpass Bitcoin’s Market Cap in Next 12 Months
If the blockchain’s Merge occurs as planned, the ether issuance rate will drop and daily selling pressure will reduce, the research firm said. Original Source
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FSInsight
Research Firm FSInsight Accuses Three Arrows Capital of Running a ‘Madoff-Style Ponzi Scheme’
Madoff in this scenario would be the founders of 3AC, Su Zhu and Kyle Davies, who used their reputation to “recklessly borrow from just about every institutional lender in the business,” resulting in pain for some high-profile names in the industry, including Voyager Digital, Babel Finance and BlockFi, Sean Farrell,
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Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says
The combination of macro headwinds and over-leveraged yield strategies has resulted in the forced selling of cryptocurrencies in the last few days, wiping more than $200 billion in value from the digital asset market, FSInsight said in a report on Tuesday. Original Source
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FSInsight report says a single spark could see BTC 5X
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively.The Digital Assets In
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Bitcoin alcanzará los $200.000 en la segunda mitad de 2022, según FSInsight
La correlación se ha vuelto más pronunciada, ya que bitcoin y el mercado de criptomonedas en general están ahora fuertemente correlacionados con las acciones de compañías tecnológicas debido a que "el capital del legacy market entra en escena", escribió Sean Farrell, jefe de estrategia de activos digitales, en la nota
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Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said. Original Source
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Bitcoin Breakout May Have Further to Run, Altcoins Also to Gain, FSInsight Says
Bitcoin’s breakout above $63,300 on Monday to an all-time high is “constructive technically” and we should see prices rise to $72,000 initially and then $77,600, according to FSInsight, a markets strategy and research firm.FSInsight notes that bitcoin momentum isn’t overbought yet on daily or weekly timeframes.Read more: Bitcoin Soars Past
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Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says
Solana “remains a near-term standout” after reaching $235, but may see some minor consolidation following the latest rally. FSInsight predicts further gains up to $308.60 and suggests buying during dips. If, however, there is a pullback, FSInsight sees first support in solana at $178.56 and then at $152.54. Source
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Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says
Bitcoin will extend gains following the approval of the first bitcoin futures exchange-traded fund (ETF) in the U.S., according to Tom Lee, head of research at FSInsight, a markets strategy and research firm in an Oct. 18 note.The 10 largest ETF launches witnessed inflows of $14 billion in their first
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Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
An ether breakout above $4,027 should “not face much resistance at 4410, but likely surpass this and rally to targets near 4951, or targets above lie near 5826,” and “it’s anticipated that September highs should be exceeded, giving way to acceleration back to new all-time highs,” FSInsight said. Source
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