Eidoo is an old wallet, and seems to be out of business in 2023. I had some, luckily not a lot, of eth on there. The 12 word phrase seems to not work in any modern wallet. Does anyone know what I can do to get the eth back? Or is it lost forever… I…
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Steno Research predicts a fantastic year for cryptocurrencies in 2025, with Bitcoin seen to reach $150,000 and Ethereum potentially hitting an $8,000 value. Related Reading: Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging This projection isn’t just speculative; Steno’s analysis cites a number of positive economic variables, rising institutional interest, and the growing presence of cryptocurrency ETFs. However, the question remains: can these digital assets genuinely reach such amazing milestones? The Crypto ETF Boom: A Game Changer? Bitcoin and Ethereum exchange-traded funds (ETFs) are likely to play a significant role. Bitcoin, in particular, is expected to profit from nearly $50 billion in net inflows as institutional investors become more interested in these products. Ethereum is still a big player, but it’s expected to get $28 billion, thanks to similar trends in usage. These funds could bring a lot of cash into the cryptocurrency market, which would cause prices to rise even more. Similar to 2024, we expect the U.S. crypto ETFs to take center stage once again in 2025, partly due to the direct buying pressure they generate and partly because they serve as a proxy for non-native crypto retail and institutional interest in the asset class. We project that… pic.twitter.com/T8cs5gEbJy — Mads Eberhardt (@MadsEberhardt) December 30, 2024 Regulations And Macroeconomics: The Perfect Storm Supportive rules are another important factor in Steno Research’s hopeful prognosis. As governments throughout the world shift their sentiment on digital assets, cryptocurrencies’ prospects improve. Bitcoin’s solid price performance in particular appears to be linked to the rising acceptance of cryptocurrency as a viable asset class. This, paired with good macroeconomic conditions, prepares Bitcoin and Ethereum for tremendous growth over the next coming months. Bitcoin And Long-Term Strategy The research believes 2025 macroeconomic conditions will support the growth of cryptocurrencies. The popularity of cryptocurrencies as an inflation hedge and store of wealth boosts investor confidence. This implies that mainstream investors are more likely to use Bitcoin for long-term portfolio diversification, while Ethereum’s potential for decentralized finance and smart contracts makes it an attractive alternative. Some analysts believe Bitcoin’s price will rise as consumer and institutional demand grows. Ethereum’s adoption in DeFi and NFT marketplaces suggests a price hike. Related Reading: Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So Is 2025 The Year Of Cryptocurrency? The 2025 forecast from Steno Research is optimistic, but it is not risk-free. These projections could be affected by changes in regulations, market volatility, and general economic conditions. However, there is no doubt that Bitcoin and Ethereum have a great chance of rising to new heights, especially if present trends continue. According to market forecasts, cryptocurrency markets will soon shift toward more widespread mainstream use, with new financial products and ETFs making it easier for institutional investors to get involved. As we begin the new year, the question remains: are we actually on the verge of the best year ever for cryptocurrency, or is this just another speculative bubble about to burst? Featured image from Dall-E, chart from TradingView
Georgia Representative Mike Collins has disclosed investments in Ether and other altcoins since taking office in 2023.
The digital asset XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, displacing the stablecoin tether (USDT). XRP Surpasses USDT’s Market Cap in 2025’s Early Rally As of Friday, Jan. 3, 2025, XRP has climbed back to third place in valuation, trailing only bitcoin (BTC) and ethereum (ETH). At 11 a.m. Eastern […]
Political tailwinds in the United States and anticipation of a friendlier regulatory climate are positive signs for the crypto industry.
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On Jan. 3, the network’s hashrate briefly tapped 1,000 EH/s as miners continued adding capacity.
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Cardano (ADA) and Stellar (XLM) are shaking up the altcoin market today after a period of bearish price action. Both tokens have posted solid gains to start 2025 on a high. Meanwhile, Best Wallet’s token presale has just smashed past $6.2 million – adding even more buzz to an already exciting week for crypto. Cardano […]
