spot_imgspot_imgspot_img

Bitwise CEO Declares: Multi-Year Bitcoin Bull Run Begins

  • Bitwise CEO Matt Hougan believes that a new crypto era has begun and a bull market that will last a few years has started.
  • Hougan claims that crypto prices have shown incredible resilience in the face of increasing regulatory pressure.
  • He also suggests that the growth of crypto-related stocks indicates a new growth period for the industry.

Bitwise CEO Matt Hougan has expressed his belief that the cryptocurrency market has entered a new era, with a bull market that could last several years. In an interview with Bloomberg, Hougan pointed to the resilience of crypto prices in the face of increasing regulatory pressure as evidence of this new era.

Resilience in the face of regulatory pressure

Bitcoin TetherUS 1D Binance

Hougan argued that crypto prices have demonstrated incredible resilience despite the increasing pressure from regulators. He also mentioned that BlackRock’s Bitcoin ETF application could be the cherry on top for the new bull market conditions. Hougan stated, “Prices were actually on the rise after the FTX fiasco. Now, the world’s largest asset manager, BlackRock, is saying that Bitcoin is important and has become an asset that institutional investors will want to own over the next five to ten years.”

A new growth period for the industry

Bitwise’s CEO not only predicted a new growth period for asset prices but also claimed that crypto-related stocks are on the verge of a significant rise. He said, “We will see the sector grow rapidly, and this will be a truly exciting moment for crypto.” This optimism for the industry’s growth could encourage more investors to enter the market and contribute to the predicted bull market.

Exciting times for the crypto market

As the cryptocurrency market continues to evolve and mature, the predictions of a new era and a lasting bull market by industry experts like Matt Hougan could signal exciting times ahead for investors and enthusiasts alike. With increasing interest from institutional investors and the growth of crypto-related stocks, the industry may be poised for significant expansion and development in the coming years.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news

spot_imgspot_imgspot_imgspot_img

Latest News

Bitcoin Approaches Its Next Halving: Can This Time Be Different?

As Bitcoin nears another halving, the crypto community watches closely, anticipating its potential impact on the market amidst evolving circumstances.

Bitcoin Funding Rate Dips Negative Amid $251M ETF Inflows: A Bearish Signal or Market Resilience?

This article delves into the recent negative turn in Bitcoin's funding rate against a backdrop of significant ETF inflows, exploring whether this signals a bearish trend or underscores the cryptocurrency's resilience.

Massive XRP Transfer Raises Concerns: XRP May Experience Selling Pressure!

The substantial transfers of XRP have garnered attention; will the transfers to Bitso and Bitstamp create selling pressure on XRP?

Uniswap Introduces “uni.eth” Subdomains with ENS Integration: Here are the Details!

Decentralized exchange platform Uniswap has introduced uni.eth subdomains with Ethereum Name Service integration.

Ripple Initiates Collaboration with Zoniqx to Empower Asset Tokenization

Ripple, a leading enterprise blockchain and crypto solutions provider, joins forces with Zoniqx: Here are the details!
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Ethereum Breaks $3K as Rally Continues: What’s Next for ETH?

This article dives into Ethereum's recent surge past $3,000, analyzing the technical indicators and market dynamics driving its ascent and future prospects.

Will Bitcoin Rise To $50,000? Current BTC Analysis

Bitcoin is trading at $48,400 and may rise to $50,777 if it closes above $48,200. However, caution is advised in the range of $50,777 - $52,000. Corrections are common in the crypto market, so careful consideration is necessary before spot investments.

Where is the Solana Rise Target? Current SOL Analysis!

Solana is trading near the $108 resistance on the 8-hour chart, with a potential target of $111.84 if it surpasses this level. However, caution is advised in the $111.84 - $117.20 resistance range on the 6-hour timeframe.

Medium Term Ethereum Technical Analysis! What Awaits Its Investors?

When examining the medium-term technical chart of Ethereum, strong buying pressure is observed, pushing the price up from the $2139 support to the $2350 region. However, for the price to sustain its upward movement, it needs to surpass the $2407 resistance.

Can Bitcoin Fall To $35,000 Levels? Current BTC Analysis

When examining Bitcoin's 5-day technical chart, the analysis from January 18 is ongoing, indicating a continued downward movement from the $48,189 level. Bitcoin needs to close 5-day candles above the $44,200 resistance to gain momentum for an upward trend. 
Marisol Navaro
Marisol Navarohttps://en.coinotag.com/
Marisol Navaro is a young 21-year-old writer who is passionate about following in Satoshi's footsteps in the cryptocurrency industry. With a drive to learn and understand the latest trends and developments, Marisol provides fresh insights and perspectives on the world of cryptocurrency.
spot_imgspot_imgspot_imgspot_img

Bitcoin Approaches Its Next Halving: Can This Time Be Different?

As Bitcoin nears another halving, the crypto community watches closely, anticipating its potential impact on the market amidst evolving circumstances.

Bitcoin Funding Rate Dips Negative Amid $251M ETF Inflows: A Bearish Signal or Market Resilience?

This article delves into the recent negative turn in Bitcoin's funding rate against a backdrop of significant ETF inflows, exploring whether this signals a bearish trend or underscores the cryptocurrency's resilience.

Massive XRP Transfer Raises Concerns: XRP May Experience Selling Pressure!

The substantial transfers of XRP have garnered attention; will the transfers to Bitso and Bitstamp create selling pressure on XRP?