Top asset managers update their Bitcoin (BTC) ETF applications. Cardano (ADA) gets fresh support. Meanwhile, this new cryptocurrency offers an excellent opportunity for newbies.
How have the updated applications impacted the Bitcoin price prediction? Did Cardano’s (ADA) new listing affect the Cardano price prediction? Finally, what makes this new project the best crypto for beginners?
What you'll learn 👉
Summary
- Spot Bitcoin ETF excitement could push BTC price to $101,983 in 2024.
- Cardano (ADA) can reach $2.06 in 2024.
- VC Spectra (SPCT) offers numerous benefits to investors.
Bitcoin Price Prediction: BlackRock And Bitwise Resubmit Spot BTC ETF Applications
On December 4, 2023, BlackRock and Bitwise updated their S-1 filing for their spot Bitcoin (BTC) ETF applications. This action indicates that productive discussions are ongoing concerning the applications, further heightening the anticipation of the approval.
BlackRock’s resubmitted application includes a new clause that lists the steps the fund administrator will take to monitor unusual price movements. It also features an audited assessment from PwC and an anti-money laundering compliance clause.
Since the updated filing was submitted, Bitcoin (BTC) has gained 4.7%, rising from $39,978.63 to $41,876.36. This increase underscores the excitement around the spot Bitcoin exchange-traded fund.
Is Bitcoin a good investment? Analysts’ Bitcoin price prediction for 2024 is $101,983. This prediction is backed up by the potential approval of the ETF applications early next year. Also, the scarcity caused by the Bitcoin Halving event will contribute to this price increase. So yes, Bitcoin (BTC) is a good investment.
Cardano Price Prediction: Coinbase International To List ADA PERP
On November 26, Coinbase announced that it would list Perpetual Futures Contracts for Cardano (ADA), Stellar (XLM), Chainlink (LINK), and Dogecoin (DOGE) on December 30. The PERPs will be listed on Coinbase International Exchange, the subsidiary of Coinbase Global Inc., serving non-US customers.
Cardano (ADA) and the other cryptocurrencies were chosen because of their value, potential, and vibrant communities. They join Bitcoin (BTC), Ethereum (ETH), and XRP on the exchange.
Since the announcement, Cardano (ADA) has gained 5.8%, rising from $0.378 to $0.400. Analysts say the potential listing by a respected crypto exchange shows ADA can be trusted. It also communicates to the market that the Cardano team is working hard and the project is developing in the right direction.
How high can Cardano go? Analysts’ Cardano price prediction for 2024 is $2.06. They predict that the listing and the attendant increase in trading volume can push the price to this level.
VC Spectra (SPCT) Is 2023’s Golden Opportunity In Crypto
VC Spectra (SPCT) is making a name for itself as the top crypto investment this year, especially for new investors. The protocol offers top-notch blockchain investment services. With VC Spectra (SPCT), investors can put their money into profitable trades, early-stage Web3 companies, and specific crypto niches.
Some investors have already taken advantage of VC Spectra’s (SPCT) excellent opportunity during the seed sale, where $2.4 million was raised. Others have invested during the presale and earned massive gains. VC Spectra (SPCT) has gained 862.5% during the presale.
Fortunately, VC Spectra (SPCT) is expected to surge further before the presale ends. Therefore, investors can benefit from the future price increase by purchasing the VC Spectra (SPCT) token, which currently sells for $0.077.
Other benefits of owning the VC Spectra (SPCT) token are quarterly dividends and buybacks, voting rights, and access to exclusive new ICOs.
All these make VC Spectra (SPCT) the best new crypto to invest in.
To learn more about VC Spectra (SPCT), visit:
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