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A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.
The latest price moves in crypto markets in context for Dec. 19, 2023.
ARK offloaded $13M worth of GBTC shares last week.
Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.
Like it or not, dog tokens are driving big business in the crypto markets.
- 17:37ETH falls below $3,200, down 3.71% on the dayJanuary 10, the market shows that ETH has just fallen below $3,200, now at $3,197.29 per coin, down 3.71% intraday.
- 17:34Wells Fargo: Fed rate cut in March increasingly unlikelyWells Fargo says it's becoming less likely that the Fed will cut interest rates in March, according to Golden Ten.
- 17:33Today's Chain Money Flow: Arbitrum Net Inflow $12.2 Million, Sui Net Outflow $3.4 MillionOn January 10th, according to Artemis data, Arbitrum saw a net inflow of $12.2 million, Solana saw a net inflow of $4.8 million, Sui saw a net outflow of $3.4 million, Base saw a net outflow of $3 million, and Bitcoin saw a net outflow of $2.9 million.