Finder's $675 ETH Prediction, India Calls on G20 Re: Crypto Taxes, Peterffy Concerned BTC Could 'Become Worthless or Outlawed'
In this week’s bite-sized digest of the freshest memories from Bitcoin.Com News, a new Finder survey knocks down previous forecasts for ethereum’s fee a notch, with crypto professionals predicting lower long-time period fees for the asset. Also, India calls on G20 nations to deliver cryptocurrencies in the “Automatic Exchange of Information” framework, billionaire Thomas Peterffy weighs in on funding and the destiny legality of bitcoin, and SEC Chair Gary Gensler clarifies the U.S. Securities watchdog’s method to crypto law.
Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably
A panel of “enterprise experts” has expected that ethereum will bottom out at $675 before the year-cease. They have “appreciably decreased” their ether predictions since the begin of 2022 and are actually looking ahead to the rate of the cryptocurrency to quit the 12 months at $1,711 before rising to $5,739 by way of 2025, and $14,412 by using 2030.
India’s finance minister has called on the G20 countries to carry crypto in the “Automatic Exchange of Information” framework. More than one hundred international locations have adopted the Common Reporting Standard under the framework.
Billionaire Thomas Peterffy Plans to Buy More Bitcoin Despite Concerns BTC Could 'Become Worthless or Outlawed'
Billionaire Thomas Peterffy, founding father of Interactive Brokers, says he plans to shop for extra bitcoin if the rate of the cryptocurrency hits $12K. However, he stays concerned that bitcoin ought to “become nugatory or outlawed.”
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto law. “We do have strong authorities from Congress additionally to apply our exemptive authorities that we will tailor investor protection,” he defined.
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