“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck as he made his bullish case for BTC.
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts.
The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.
The world’s largest cryptocurrency is expected to benefit from a number of positive catalysts in 2024, the report said.
The SEC delaying decision about spot BTC ETFs could leave the market without a catalyst until early January, halting the crypto rally's momentum, K33 analysts said this week.