Post
Topic
Board Speculation
Merits 15 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
danadc
on 06/01/2024, 17:58:00 UTC
⭐ Merited by LFC_Bitcoin (13) ,JayJuanGee (1) ,xhomerx10 (1)
Hello guys, happy new year everyone!!!! I was a bit partying, happy Three Kings Day too =)

Today I was thinking about what the Bitcoin movement can do when ETFs are approved, and together with the Halving this can trigger a big increase in price, a friend had told me that he wanted to buy Bitcoin but that he was afraid, I I told him that it doesn't matter what he has to buy, even if the price goes down, that no matter what happens, it will go up.

Bitcoin Halving and Approved BTC ETF Will Enhannce Adoption: Tether CEO Paolo Ardoino (Interview)

Quote
Ardoino believes the upcoming fourth halving will also help BTC in terms of global adoption due to increased media coverage and growing interest from institutions and will solidify the cryptocurrency “as a formidable asset class within the broader financial landscape.”

Nevertheless, he warned that investors should do comprehensive research of their own before allocating any funds to investment assets.

In terms of the widely-anticipate ETF, Ardoino said:

    “I believe the prospects of the SEC approving a spot Bitcoin ETF are promising. The growing interest in Bitcoin from institutional investors, as evidenced by the recent surge in Tether issuance, is indicative of the market’s readiness for such a development. The potential approval of a Bitcoin ETF could further catalyze institutional adoption and bring more legitimacy to the crypto space.”

Source: https://cryptopotato.com/bitcoin-halving-and-approved-btc-etf-will-enhannce-adoption-tether-ceo-paolo-ardoino-interview/

I am sure that the adoption of Bitocin after all this ETF stuff will be a Success , things point to a great process so that it can be on the right path towards the best of Bitcoin and the start of the good things that are to come.