logo logo

The next-generation financial news, and trading signals for you to start driving your FOMO today!


FREE trading signals

Get free daily crypto signals to make profitable trades every day!

View fresh signals


Peter Davis

An writer at FOMOdrive

  • Dec 14, 2023
  • 3 min read

Ethereum will surpass Bitcoin in 2024 - JPMorgan

It is predicted that once the ETF is approved, Bitcoin will reach a value of $80,000.

The head of the Securities and Exchange Commission (SEC) declined to comment on Bitcoin Exchange-Traded Funds (ETFs).

Should Trump be victorious, it is predicted that BTC will experience a dramatic surge in value, reaching $100,000.

The security of crypto services was put at risk after the Ledger wallet code was hacked.

CoinList has been fined $1.2 million for breaching the sanctions imposed on Russia.

Bitwise predicts that Bitcoin will reach a new all-time high of $80,000 in 2024 due to the approval of spot Bitcoin ETFs and the halving.

VanEck, an investment company, predicts that if Donald Trump is re-elected as US President in 2024, the first cryptocurrency will reach $100,000. This is due to the fact that the SEC (US Securities and Exchange Commission) will no longer be so hostile to the regulation of cryptocurrencies, as the composition of the agency will have changed.

In 2024, Ethereum is projected to make a comeback and reclaim its place in the cryptocurrency market due to the EIP-4844 update. JPMorgan has predicted that this update will be implemented in the first half of the year, which should significantly enhance the scalability, performance, and activity of the ETH network.

Gary Gensler, the SEC Commissioner, refused to answer a query from a Bloomberg Television journalist about the present state of applications to introduce spot Bitcoin ETFs. He stated that the basis is the Treasury market, and that cryptocurrencies are not only less valuable, but have also caused damage to numerous investors.

Kristalina Georgieva, the head of the International Monetary Fund, has urged for the regulation of cryptocurrencies to be placed at the forefront of the global agenda. She has called for international regulators to collaborate and take control of crypto assets.

Binance has contested the legality of the US Securities and Exchange Commission (SEC) lawsuit by submitting two documents in the case against the SEC, accusing the agency of misconduct.

CoinList has agreed to pay $1.2 million to settle claims by the US Treasury Department's Office of Foreign Assets Control (OFAC) for violating sanctions against Russia.

Yearn Finance, a DeFi protocol, experienced a loss of $1.4 million due to a multi-sig transaction that went wrong.

Ledger, a hardware wallet developer, has reported that a software library used by decentralized applications has been hacked. The malicious code injected by the hacker caused an estimated $600 thousand in damages. In response, Tether froze the funds of the individual responsible for the breach of Ledger's code.

Share this article