Cryptocurrency market forecasts from industry experts

Longtime Bitcoin (BTC) supporter and entrepreneur Anthony Pompliano says that people in the crypto space are underestimating just how much damage has been done to the industry following the collapse of FTX and its associated entities.

274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are down between 70% to 90% in value against the U.S. dollar.

A weekly recap of key Bitcoin metrics and the macro factors affecting its price performance in the market, published every weekend.

Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network.

The host of the Coin Bureau YouTube channel is warning that interest rate hikes will negatively impact crypto assets.

Ethereum (ETH) co-founder Anthony Di lorio is unveiling what he thinks could be the best-case scenario for the leading smart contract platform.

Popular crypto analyst Benjamin Cowen says that he expects Ethereum (ETH) to witness significant levels of pain as Bitcoin (BTC) and the equities market hint at downward moves.

Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network’s reward halving may come sooner than expected. While some halving counters that simply leverage the ten-minute average note the halving is expected in May or April 2024, halving counters leveraging precise block interval times show the halving event could happen as early as March 1, 2024.

Ethereum failed to test $1,700 and started a major decline against the US Dollar. ETH declined over 7% and there was a move below the $1,540 support.

The host of popular YouTube channel Coin Bureau believes an increase in interest rates as a result of the Federal Reserve’s actions could have a devastating impact on crypto asset prices.

A leading crypto trader says Bitcoin (BTC), Ethereum (ETH) and other top digital assets are showing signs of continued growth in the short term.

The head of the biggest crypto exchange in the US is sharing his thoughts about the industry’s present and future.

A widely followed crypto strategist says that the recent sell-off in the crypto markets is reminiscent of the 2018 bear market bottom.

On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) collection briefly surpassed the Bored Ape Yacht Club (BAYC) NFT collection’s floor value. While it’s not by a huge amount, at the time, Cryptopunks floor was 66.45 ether, while BAYC’s least expensive NFT was 64.99 ether.

Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to cryptoquant.com data.

Shiba Inu has been one of the worst-hit in the crypto market retracement. Like any other meme coin, SHIB is highly volatile, following the hype, and once the hype had begun to die down, the price followed swiftly.

Forty of the world’s top 100 public companies by market capitalization are reportedly pouring in billion of dollars into blockchain and crypto firms.

Ethereum is slowly moving lower below $1,900 against the US Dollar. ETH must stay above $1,850 to avoid more losses in the near term.

The sum total of illegal kimchi premium trading conducted via South Korean banks could be as high as USD 6.5 billion, regulators claim – and authorities in the nation say they are now investigating “all” domestic commercial banks over the matter.

Capital in the crypto markets is shifting to meme coins as a new week kicks off.