Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow?
The post Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow? appeared first on Coinpedia Fintech News
The Cantonal Bank of Zürich (ZKB) shared plans to offer Bitcoin (BTC) and Ethereum (EHH). The Zug, St. Gallen and Lucerne cantonal banks have been offering services for cryptocurrencies for a total of six months, and if ZKB also joins, it could greatly expand how traditional finance embraces crypto in the country.
According to well-informed sources, ten state banks are allegedly on the verge of launching their own crypto as well, as reported by Finanz und Wirtschaft. As a result, sentiment is bullish on their future despite the sub-optimal price performance of both cryptocurrencies. However, alongside them, Angry Pepe Fork (APORK) is set to spike, as it offers utility within its niche and could provide major ROI.
Bitcoin Price Corrects – How Far Can It Recover In 2024?
Bitcoin has experienced a correction, dropping from a peak of $69,945 to around $65,600. This decline has caused worries among investors, with some experts suggesting a return to $67,000 is needed to reignite bullish Bitcoin price momentum. Despite the cautious short-term outlook, some analysts maintain a bullish long-term view of Bitcoin crypto.
Fueled by positive RSI and MACD data, the Bitcoin price prediction suggests that it can reach as high as $98,973 by the end of 2024. Alongside this, overall market sentiment leans bearish for Bitcoin currently, and the path to recovery remains uncertain, even with optimistic long-term predictions.
Ethereum Crypto To Regain Momentum – How Far Can It Grow?
Ethereum (ETH) has undergone a consolidation phase over the past week, strategically adjusting its price by 10%. This positions the Ethereum price for a potential bullish surge, with technical indicators like RSI and MACD suggesting a momentum shift in the coming trading sessions.
A breakout above the $3,600 Ethereum crypto price barrier would be a strong confirmation of this bullish trend. The Ethereum price prediction remains optimistic, with a target of $5,546 by Q4, 2024, but this could be just the beginning of a much larger upswing if more banks begin accepting the crypto or implementing their own crypto services on top of this Layer-1 network, and positioning ETH as a top crypto to buy.
Angry Pepe Fork (APORK) Emerges As The Best Cryptocurrency To Invest In With Unique Conquer To Earn Model
Angry Pepe Fork (APORK) seeks to redefine the meme coin landscape through its innovative “Conquer to Earn” program. This gamified economic model represents a significant departure from traditional models encourages user participation and fosters a robust and engaged community.
Moreover, aside from passive holding, APORK enables users the opportunity to contribute to the success of the network, as it features a tiered staking system. Through it, users can lock their crypto for 30 days, 60 days or 90 days depending on their appetite, and get more rewards the more they stake. APORK also implements a capped supply of 1.9 billion tokens.
This is a calculated scarcity that serves as a driver for long-term price appreciation. At the current stage, APORK is offered at $0.014 and offers a low barrier to entry while promoting accessibility. Following its launch and anticipated major exchange listings, APORK has the potential for significant growth at 100x according to the latest projections, making it a top crypto to buy.
Which Crypto Can Climb The Most As Traditional Finance Embraces Crypto?
As traditional finance has begun to embrace crypto, Bitcoin and Ethereum could begin their road to recovery. In the meantime, Angry Pepe Fork has emerged as a solid contender and is well-positioned to become the best cryptocurrency to invest in.
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