The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level. 

Despite this volatility and the absence of strong bullish momentum, venture capital firm Pantera Capital remains optimistic about the future of BTC’s price, citing the recent Halving event as a significant factor.

Pantera Capital Projects $117,000 Price Target By 2025

In a recent investor letter, Pantera Capital revealed its Bitcoin Halving rallies model, which predicts a bottoming out of the BTC price followed by a rise through the Halving rally. 

Based on the average duration of previous rallies, the firm forecasts that BTC’s price will peak at $117,000 in August 2025. The average total duration of this cycle, encompassing pre- and post-Halving rallies, has historically been around 2.6 years, with symmetry observed across cycles.

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Pantera Capital highlights the relationship between Halving events and BTC’s price. The firm asserts that if the demand for new Bitcoin remains constant while the supply of new Bitcoin is reduced by half, it will create upward pressure on the price. 

The anticipation of a price increase has also historically driven increased demand for Bitcoin leading up to Halving events. However, Pantera Capital acknowledges that the impact of each subsequent Halving on price may diminish as the reduction in the supply of new Bitcoin from previous Halvings becomes less significant.

Moreover, the firm notes that, on average, the Pantera Bitcoin Fund has nearly doubled in value for eleven years. Based on this historical performance, Pantera Capital envisions a scenario in which the price of Bitcoin reaches $117,000 by 2025.

Bullish Bitcoin Price Predictions

Renowned crypto analyst Titan of Crypto has recently taken to social media platform X (formerly Twitter) to share bullish predictions for the Bitcoin price. With forecasts ranging from $75,000 to $110,000, Titan of Crypto highlights various factors and patterns that could potentially drive BTC’s growth.

According to Titan of Crypto, a price rise to $110,000 for Bitcoin is “programmed.” While the analyst did not elaborate on the specifics of this programming, it suggests a strong conviction in BTC’s potential to reach that level.

Titan of Crypto also identifies a current head-and-shoulders pattern in the Bitcoin price chart. If this pattern holds, the analyst suggests that BTC could rise to the $75,000 mark. If confirmed, this pattern could signify a bullish trend reversal and further support the projection of Bitcoin reaching higher price levels.

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The analyst also highlighted $61,500 as a critical point to monitor due to the possibility of “panic selling.” The analyst suggests many market participants might react to this level, potentially increasing selling pressure. 

Lastly, based on his analysis, the analyst suggests a conservative price prediction of $108,000. However, Titan of Crypto believes that BTC’s price may exceed this projection, indicating a more optimistic outlook.

Featured image from Shutterstock, chart from TradingView.com

A crypto whale has withdrawn $75.8 million USDC from Coinbase institutional and invested a significant amount in Ethereum’s biggest presale, ETFSwap (ETFS).

An anonymous crypto whale reportedly withdrew a whopping $75.8 million in USDC from their Coinbase Institutional account on Friday night. This move follows the bull market widely predicted to happen in the coming weeks. An in-depth investigation into the event reveals that a large chunk of the money was used to acquire ETFSwap (ETFS) tokens in Ethereum’s biggest presale, making waves in the crypto community.

Crypto Whale Withdraws $75.8 Million In USDC From Coinbase Institutional 

Whale Alert, an X (formerly Twitter) account notable for reporting large and exciting transactions in the crypto community, shared the news of a colossal $75.8 million USDC withdrawal from Coinbase institutional to an unknown wallet on Friday night. 

The post that went viral in the crypto community has caught the attention of crypto enthusiasts, garnering several reactions. Some enthusiasts insist that the anonymous whale enacted the move to diversify their portfolios and gain big in the upcoming bull market later this year. Others believe that the whale wants to sell off the majority of their holdings and probably settle some of the debts they accrued. 

However, whichever the case may be, a click on the web link to the eye-catching transaction shows that the anonymous transaction was made from a Coinbase Institutional account to a new project, ETFSwap (ETFS), firmly believed to be Ethereum’s biggest presale.

ETFSwap (ETFS) Becomes Ethereum’s Biggest Presale 

Like the anonymous whale that bought a large amount of the ETFSwap (ETFS) presale tokens, thousands of crypto investors are still flooding into the presale, with over 50 million tokens already sold out in what is now believed to be Ethereum’s biggest pressale. This reiterates the fact that the crypto community believes in the viability and genuineness of the ETFSwap (ETFS) platform. 

ETFSwap (ETFS) is an Ethereum-based decentralized finance (DeFi) platform that enables users and investors to buy, trade efficiently, and own a wide variety of cryptocurrencies and tokenized exchange-traded funds (ETFs) in a one-stop shop. 

This innovative platform has come at a time when the tokenization of Real-World Assets (RWAs) is being embraced in the cryptocurrency world. At the forefront of this niche, ETFSwap (ETFS) users and investors enjoy the benefits provided by the innovation and flexibility of the decentralized finance realm while trading their various assets.

With the market-making and perpetual futures services available on the platform, trading is fun, seamless, liquid, and efficient on ETFSwap (ETFS). Consequently, users and investors are assured of continuous trading activities without any expiration dates. 

Users can also take absolute advantage of the leverage tool on the platform. The ETFSwap (ETFS) platform enables users and investors to amplify their gains with the 10x leverage option provided. This tool is great for seasoned investors who want to maximize their gains by up to 1,000%, meaning a $1,000 gain can easily be turned into a $10,000 gain. 

Another feature that has swept crypto enthusiasts off their feet is that on ETFSwap (ETFS), users and investors are not required to undergo rigorous KYC verification. They are afforded the platform to trade anonymously. This will, in return, absolve them of any third-party interference, such as banks or regulated bodies. 

Additionally, CyberScope, a leading blockchain security provider, has audited ETFSwap’s (ETFS) smart contracts, and the results show their resistance to cyberattacks. 

Whale’s Investment In The ETFSwap (ETFS) Presale Sends Crypto Community Into A Buying Frenzy

After the whale invested a large amount of his withdrawal from Coinbase into the ETFSwap (ETFS) presale, the platform has seen major market activity, with investors actively buying the token. 

Presently, in Stage 1 of the presale, the ETFS token is priced at $0.00854 and is selling fast due to this being the lowest price the token will ever be. Therefore, there is no better time to invest in the highly esteemed ETFSwap (ETFS) project than now, especially after analysts have predicted it will go parabolic when the bull run begins.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The landscape of cryptocurrency is ever-evolving, marked by constant innovation and adaptation. In September 2022, Ethereum, one of the leading players in the crypto sphere, made a groundbreaking move by transitioning from proof of work (PoW) to proof of stake (PoS) with The Merge. This transition promised not only enhanced scalability and efficiency but also a significant reduction in energy consumption, a pivotal step towards a more sustainable future.

However, amidst the celebrations of Ethereum’s technological leap, a new challenge emerged: the high barrier to entry for individual stakers. Traditional staking methods necessitated substantial initial capital, limiting participation to a select few. Recognizing this hurdle, StakingFarm stepped in with an innovative solution: ETH Liquid Staking.

Democratizing Staking with StakingFarm’s ETH Liquid Staking

StakingFarm’s ETH Liquid Staking introduces a paradigm shift in the world of cryptocurrency staking. By allowing users to stake smaller amounts of ETH, StakingFarm makes blockchain support accessible to a wider audience, fostering inclusivity and decentralization.

Key Features and Benefits

StakingFarm’s approach to liquid staking is underpinned by several key features and benefits:

• Accessibility: StakingFarm’s ETH Liquid Staking welcomes users with a $50 welcome bonus upon registration, eliminating the daunting entry barriers present in traditional staking setups.
• Simplified Process: Gone are the days of managing complex staking hardware and software. StakingFarm automates the staking process, converting users’ ETH into liquid staking derivatives (LSDs), streamlining the staking experience.
• Enhanced Liquidity and Utility: Unlike traditional staking methods where funds are locked up, StakingFarm’s LSDs provide liquidity, enabling users to utilize their assets for trading, yield farming, or other financial activities while earning rewards.
• Maximized Returns: StakingFarm isn’t just a staking service; it’s a comprehensive financial tool designed to amplify investment potential. By integrating LSDs into various financial strategies, users can potentially increase their overall returns compared to traditional staking methods.

Navigating the Staking Landscape

The transition to PoS represents more than just a technical evolution; it’s a revolutionary approach to addressing the inefficiencies inherent in PoW mechanisms. PoS not only reduces energy consumption but also opens up financial opportunities to a broader group of investors.

At StakingFarm, we recognize the barriers posed by traditional staking setups. Our liquid staking solution democratizes access to cryptocurrency staking, empowering users to participate with significantly lower capital requirements.

Join the StakingFarm Revolution

Investors seeking to diversify their wealth management strategies with cryptocurrency are invited to explore StakingFarm’s innovative solutions. With personalized services and a commitment to client education, StakingFarm is poised to guide investors through the complexities of crypto investments.

Whether you’re a novice or an experienced investor, StakingFarm offers tailored investment packages to suit your needs. From the ETH Trial Plan for beginners to the flagship Ethereum Plan, there’s a staking opportunity for everyone.

Redefining the Future of Staking

In conclusion, StakingFarm’s liquid staking solution represents a significant advancement in the cryptocurrency staking landscape. By lowering barriers to entry and simplifying the staking process, StakingFarm is paving the way for a more inclusive and accessible future in crypto staking.

As the crypto world continues to evolve, StakingFarm remains committed to providing the best possible staking experience. Join us today and unlock the full potential of your cryptocurrency investments with ease and security.

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