Bitcoin

Coinbase Stock

The post <a href="https://cryptosnewss.com/bitcoin-set-to-skyrocket-in-q4-2024-coinbase-predicts-massive-gains/" rel="noopener noreferrer nofollow">Bitcoin Set to Skyrocket in Q4 2024: Coinbase Predicts Massive Gains</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.Coinbase Institutional has released a report predicting a strong fourth quarter for <a href="https://cryptosnewss.com/bitcoins-best-september-ever-3-key-factors-behind-the-65447-01-surge/" rel="noopener noreferrer nofollow">Bitcoin</a>, driven by anticipated U.S. interest rate cuts and significant fiscal and monetary stimulus from China. The report, co-authored by David Duong and David Han, highlights optimism for the crypto market, particularly for Bitcoin and other high-beta crypto assets.The report summarizes insights from the Token2049 and Solana Breakpoint conferences held in Singapore. It suggests that the expected U.S. rate cuts and China’s economic stimulus will enhance market liquidity, supporting Bitcoin’s performance in the upcoming months.This positive outlook contrasts with the challenges faced by Ethereum, which is grappling with rising transaction fees and limited benefits from the recent launch of spot exchange-traded funds (ETFs) in the U.S.Despite Ethereum’s struggles, the broader crypto market remains well-positioned for growth. The report notes that on-chain activity is increasing, with rising decentralized exchange (DEX) volumes and higher Ethereum gas prices.However, <a href="https://cryptosnewss.com/ethereum-staking-yields-set-to-skyrocket-outpacing-u-s-interest-rates-soon/" rel="noopener noreferrer nofollow">Ethereum</a> has not seen the same level of enthusiasm as Bitcoin, partly due to skepticism about its performance and the limited impact of spot ETH ETFs.The report also highlights the rapid expansion of alternative networks like Solana, which is gaining attention for its scalability and transaction efficiency. These developments, along with improvements in blockchain infrastructure, signal promising growth for the crypto space as a whole.In summary, Coinbase Institutional’s report paints a constructive picture for Bitcoin in Q4 2024, fueled by supportive economic conditions in the U.S. and China. While Ethereum faces some headwinds, the overall crypto market is expected to benefit from increased liquidity and technological advancements.The post <a href="https://cryptosnewss.com/bitcoin-set-to-skyrocket-in-q4-2024-coinbase-predicts-massive-gains/" rel="noopener noreferrer nofollow">Bitcoin Set to Skyrocket in Q4 2024: Coinbase Predicts Massive Gains</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

Bitcoin Set to Skyrocket in Q4 2024: Coinbase Predicts Massive Gains

Cryptos Newss

Other articles published on Sep 30, 2024

Why is the Ripple (XRP) Price Up Today?

JASMY’s Key Support Levels and the Path to Price Rally: Expert Insights Inside

TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

Donald Trump Unveils World Liberty Financial DeFi Platform for Accredited Investors

Bitcoin: Coinbase Launches CbBTC To Conquer DeFi

Prominent Analyst Says “Cup and Handle” Model Formed for Bitcoin, Gives Mind-Boggling Long-Term T...

Join our free newsletter for daily crypto updates!