Forex. Trading forecast for cryptocurrencies for today, April 15
Bitcoin (BTC) is trading around the $62,500. Ethereum (ETH) reached the level of $2,350, and the price of Ripple (XRP) fell to $1.72. The total capitalization of the digital currency market was $2.18 trillion.
Yesterday, a direct listing of shares of the Coinbase cryptocurrency exchange on NASDAQ took place. The opening price was $381. During the first minutes, the COIN rate rose to 428, but then fell back below 400. The capitalization of Coinbase has exceeded $100 billion, making it the most capitalized exchange in the world. Trading in COIN's tokenized shares will be available on Binance and is already available on FTX in the form of contracts. The latter converts COIN/USD futures into tokenized shares after the end of the first trading session.
The European Central Bank (ECB) has published a report on the results of a public discussion related to the launch of the digital Euro. The survey participants expressed what they want to see this digital currency. The vast majority of respondents were individuals. Banks, payment operators and technology companies also took part in the discussions. According to the ECB, 43% of respondents believe that the digital Euro should be confidential. 18% of the survey participants named security as the main advantage of the digital euro. For 11% of users, it is important that they have the opportunity to pay with this asset in the European Union, 9% noted the absence of additional costs, and 8% would like to be able to make payments in digital euros without connecting to the network. More than two-thirds of respondents believe that the digital Euro should be integrated into existing banking and payment systems, so they recognized the importance of intermediaries providing payment services.
About a quarter believe that the digital euro should increase the speed of international payments and reduce their cost. Some users wish that the digital euro can be used outside of Europe, but with certain restrictions. According to ECB President Christine Lagarde, the launch of the digital Euro will take place in the next four years, if regulators approve the plan to develop a digital Euro.
Trading signal for cryptocurrencies BTC, ETH and XRP
In the forecast, I assume a decline of Bitcoin to the level of 61500 USD, Ethereum will decline to the level of 2300 USD, and Ripple - to the price value of 1.65 USD.