In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a caller Finder survey knocks down erstwhile forecasts for ethereum’s terms a notch, with crypto experts predicting little semipermanent prices for the asset. Also, India calls connected G20 nations to bring cryptocurrencies wrong the “Automatic Exchange of Information” framework, billionaire Thomas Peterffy weighs successful connected concern and the aboriginal legality of bitcoin, and SEC Chair Gary Gensler clarifies the U.S. securities watchdog’s attack to crypto regulation.
Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably
A sheet of “industry experts” has predicted that ethereum volition bottommost retired astatine $675 earlier the year-end. They person “considerably lowered” their ether predictions since the commencement of 2022 and are present expecting the terms of the cryptocurrency to extremity the twelvemonth astatine $1,711 earlier rising to $5,739 by 2025, and $14,412 by 2030.
India Calls connected G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework
India’s concern curate has called connected the G20 countries to bring crypto wrong the “Automatic Exchange of Information” framework. More than 100 countries person adopted the Common Reporting Standard nether the framework.
Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless oregon Outlawed’
Billionaire Thomas Peterffy, laminitis of Interactive Brokers, says helium plans to bargain much bitcoin if the terms of the cryptocurrency hits $12K. However, helium remains acrophobic that bitcoin could “become worthless oregon outlawed.”
Gary Gensler Outlines What to Expect From SEC connected US Crypto Regulation
The president of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog connected crypto regulation. “We bash person robust authorities from Congress besides to usage our exemptive authorities that we tin tailor capitalist protection,” helium explained.
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