Bitcoin is preparing for another rally, according to Pantera Capital.
The number of institutional investors in Ethereum may grow after the successful update of The Merge at the expense of income-stacking.
Ethereum will reach $3,000 this year, believes the former head of BitMEX. 75% of UK asset managers plan to increase their investments in crypto-assets.
The digital ruble will be used for international trade, said the head of the Central Bank.
Bitcoin was little changed on Thursday, ending the day around $19,400. BTC traded in a sideways range just above the $19,000 level.
Pantera Capital CEO Dan Morehead said bitcoin is poised for another rally. In his opinion, crypto-winter will end soon and BTC rate will go up. At the same time, some other crypto-assets may grow faster than the two largest cryptocurrencies.
The number of institutional investors in Ethereum may grow after the transition to PoS due to more attractive returns, according to Chainalysis. Stacking ETH will offer investors up to 10-15% p.a., making it an attractive alternative to bonds.
Former BitMEX CEO Arthur Hayes suggested that if The Merge update is successful, Ethereum will reach the $3,000 mark this year. According to him, the sharp decline in the coin's issuance rate will be a powerful impetus for the growth of ETH.
A survey by the independent investment company HANetf among UK asset managers showed that 75% of respondents plan to increase their participation in cryptocurrency projects within a year.
According to the Coincub survey, the best country for crypto investors in terms of tax policy is Germany. Italy, Switzerland, Singapore and Slovenia are next.
U.S. Federal Reserve Vice Chairman Michael Barr, amid a wave of defaults caused by the Terra crash, demanded that Congress develop regulation for stablcoins as quickly as possible.