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

ETFswap (ETFS) is reshaping how the crypto industry interacts with Spot Bitcoin ETFs through the tokenization of assets, triggering massive demand for its token presale. 

The approval of the first Spot Bitcoin ETFs in January 2024 by the United States Security and Exchange Commission (SEC) opened up the industry for fresh investment from new investors. However, Spot Bitcoin ETFs are not very accessible to the broader crypto community members, but to the deep pockets in the crypto industry. 

Thankfully, ETFswap (ETFS) is reshaping the whole dynamics by making it possible for all in the crypto industry to invest in Spot Bitcoin ETFs and other related products. With ETFswap (ETFS) changing the status quo, its token presale has seen massive demand, with over $250,000 raised in a few days.

ETFSwap Brings Spot Bitcoin ETFs To The Blockchain With Tokenization

ETFswap (ETFS) is a blockchain platform that bridges the gap between decentralized and traditional finance by tokenizing exchange-traded funds (ETFs). By tokenizing ETFs and bringing them on-chain, the platform makes it accessible to all crypto community members for trading. By tokenizing traditional assets such as Spot Bitcoin ETFs, ETFSwap (ETFS) will enable investors to easily monitor the progress of this asset before making any trading decisions, thereby minimizing losses for users. 

For a smooth trading experience, ETFswap (ETFS) will provide a comprehensive web3 marketplace tailored to the needs of crypto newbies and experts when trading tokenized ETFs. However, experienced traders can take it a notch further by using the up to 10x leverage provided by the platform to increase their earnings significantly. 

To protect its ecosystem and investors, ETFswap has undergone an audit of its smart contract by world-renowned blockchain security expert Cyberscope. After thorough checking, Cyberscope saw no critical issues or underlying conditions that could make the platform vulnerable to cyber attacks, making it safe. This means users can invest in Spot Bitcoin ETFs, as well as ETFs from other industries, right on the blockchain without fear of losing their funds to a third-party.

At the heart of the platform is its native token ETFS, which will make it possible to trade tokenized ETFs and also access all the other features on the platform, which includes staking and governance. Finally, as a DeFi platform, new users can access the network without filling out a Know Your Customer (KYC) form, which involves divulging sensitive information online. 

ETFS Token Presale Takes Off Following $750,000 Private Sale Raise

ETFswap (ETFS) held a private sale event to introduce its token and ecosystem to large investors in the crypto industry. The event saw two institutional and three angel investors invest a total of $750,000 in just 3 days. To provide user interest, ETFswap (ETFS) refrained from including venture capitalists (VCs) in the sale due to their long-term goal of developing products that will benefit its ecosystem and users instead of catering to VCs. 

This is because seeking investment from VCs could result in a deviation from that plan as they will be obligated to work along with the strategies of these investors even if it is not in the platform’s best interest.

Following these achievements, ETFswap (ETFS) is working towards accelerating its platform launch with the funds raised during the private sale. At the end of the private sale, the public presale went live, with the platform offering the token at $0.00854 per coin in Stage one. 

By Stage two, the token price will increase to $0.01831, cementing profit for all stage one investors. This assurance of profit has brought in crowds of investors eager to buy this undervalued asset, bringing the number of tokens sold to over 40 million. Further, experts are optimistic that the ETFS token is geared for a massive surge that will take its price to the $1 mark, increasing by 10,000%.

Also, the platform, after launch, intends to partner with other renowned DeFi firms in the crypto industry to advance the growth of decentralized finance. Undoubtedly, such an alliance will bring about more industry adoption for the token. 

For a platform that is yet to launch, ETFswap is the real deal with the potential to increase investors’ portfolios massively and also ensure the security of their investment. What are you waiting for? Join ETFswap today by buying ETFS at presale to make a 100x yield on investment. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community