Nate Geraci, president of The ETF Store, said in a post that another wave of crypto-related ETF applications is expected this week, the regulatory floodgates have been opened, and issuers will test regulatory boundaries.
HC Wainwright, a US investment bank, wrote this week that the price of bitcoin is expected to reach $225,000 per coin by the end of 2025, which means that the market value of bitcoin will reach $4.50 trillion, accounting for about 25% of the market value of gold. HC Wainwright also expects the total market value of bitcoin mining companies to exceed $100 billion. It is reported that the investment bank lists MARA, RIOT and CLSK as "pure mining companies" and CORZ, BTDR, WULF, Hut 8, IREN, BTBT a...
Markets currently expect the Federal Reserve to cut interest rates three times before the end of the year, due to the recent improvement in inflation data.