fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, May 31, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO

June 11, 2022
in Regulation
Reading Time: 2 mins read
A A
Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO
ShareShareShareShareShare

According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly correlated to global stock markets, and the decline for all is close to an end.

‘We’ll Soon See a Bull run’

In a recent statement, Green stated there are good indicators that the bottom for bitcoin is near as “tracking services reveal that “insiders” are on a buying spree.” In his view, many people have taken advantage of the current situation, increasing their crypto holdings at lower prices so they can “grow wealth in the longer term.”

deVere Group’s executive thinks investors will shift their focus towards riskier assets in the near future, including bitcoin:

“I believe that we’ll soon see a bull run that will lead to a significant bounce in the fourth quarter of the year for the world’s leading digital currency.”

Nigel Green, Source: SCMP

Another reason why BTC could be close to recovery is that numerous individuals might pick it as a hedge against the galloping inflation. Regarded by many as digital gold, the asset has a maximum supply of 21 million coins ever to exist and is easily accessible.

The move is prevalent in countries where inflation reached record levels. Turks, Brazilians, and Nigerians are some examples.

Green also predicted that bitcoin will catch the attention of major financial institutional investors who “bring with them capital, expertise, and reputational pull.”

Last but not least, the executive expects that global watchdogs will impose comprehensive regulations on the crypto sector in the following months. Thus, investors will have additional security when dealing with the asset class:

“Regulation, which I believe is inevitable, would give more protection and, therefore, more confidence to both retail and institutional investors.”

Green’s Previous Forecasts

It is worth mentioning that deVere Group’s CEO has been quite accurate in his predictions about bitcoin’s price. At the beginning of March this year, he envisioned that the Russia-Ukraine military conflict could boost BTC’s valuation to $50,000 by the end of the month. The asset was very close to reaching that level, registering nearly $48K on March 29.

In April 2021, he forecasted that the cryptocurrency will “hit or even surpass” a new all-time high price by the end of 2021. In November last year, it rallied to almost $70,000.

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Credit: Source link

Related articles

How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph

How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph

May 31, 2023
Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet – BeInCrypto

Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet – BeInCrypto

May 31, 2023
ShareTweetSendPinShare
Previous Post

Ethereum Prices Down For 4th Straight Session As ETH Trades Below $1,800

Next Post

Here’s Why the UFC deal is not improving VET’s price

Related Posts

How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph

How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph

May 31, 2023

How Do Regulations Affect the Cryptocurrency Market?  Block Telegraph Credit: Source link

Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet – BeInCrypto

Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet – BeInCrypto

May 31, 2023

Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet  BeInCrypto Credit: Source link

US lawmakers introduce bill to prevent digital dollar pilot program

US lawmakers introduce bill to prevent digital dollar pilot program

May 31, 2023

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome!...

Coinbase CEO Warns of China’s Crypto Dominance Amid US Regulatory Challenges – Coinpedia Fintech News

Coinbase CEO Warns of China’s Crypto Dominance Amid US Regulatory Challenges – Coinpedia Fintech News

May 31, 2023

Coinbase CEO Warns of China’s Crypto Dominance Amid US Regulatory Challenges  Coinpedia Fintech News Credit: Source link

UAE and Hong Kong central banks to collaborate on crypto regulation – Forkast News

UAE and Hong Kong central banks to collaborate on crypto regulation – Forkast News

May 31, 2023

UAE and Hong Kong central banks to collaborate on crypto regulation  Forkast News Credit: Source link

Load More
Next Post
Here’s Why the UFC deal is not improving VET’s price

Here's Why the UFC deal is not improving VET's price

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ripple lawsuit could be impacted by LBRY lawsuit, experts suggest

Ripple lawsuit could be impacted by LBRY lawsuit, experts suggest

May 27, 2023
NFT wash trading report surfaces amid declining trading volume

NFT wash trading report surfaces amid declining trading volume

May 29, 2023
Dubai Watchdog Sounds The Alarm On Crypto Regulatory Blind Spots | Bitcoinist.com – Bitcoinist

Dubai Watchdog Sounds The Alarm On Crypto Regulatory Blind Spots | Bitcoinist.com – Bitcoinist

May 26, 2023
CFTC issues digital asset clearing warning; agency member calls for rulemaking

CFTC issues digital asset clearing warning; agency member calls for rulemaking

May 30, 2023
SBF’s defense lawyers insist regulatory issues are not federal crimes

SBF’s defense lawyers insist regulatory issues are not federal crimes

May 30, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Aurora Conference to unite global tech leaders in Helsinki
  • Top Crypto Influencer Expresses Doubt over Ripple’s Triumph in SEC Lawsuit
  • How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph
  • ‘Zero’ Tokens Burned in 24-Hour Period
  • Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$26,944.00-2.64%
  • ethereumEthereum(ETH)$1,859.64-2.14%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$305.72-1.97%
  • usd-coinUSD Coin(USDC)$1.00-0.09%
  • rippleXRP(XRP)$0.51-1.60%
  • cardanoCardano(ADA)$0.371610-1.34%
  • staked-etherLido Staked Ether(STETH)$1,857.36-2.18%
  • dogecoinDogecoin(DOGE)$0.071303-1.59%
  • matic-networkPolygon(MATIC)$0.89-0.55%
  • solanaSolana(SOL)$20.54-1.83%
  • tronTRON(TRX)$0.075555-1.27%
  • polkadotPolkadot(DOT)$5.28-2.63%
  • litecoinLitecoin(LTC)$88.73-3.54%
  • binance-usdBinance USD(BUSD)$1.000.11%
  • shiba-inuShiba Inu(SHIB)$0.000008-4.23%
  • avalanche-2Avalanche(AVAX)$14.04-2.79%
  • daiDai(DAI)$1.00-0.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,982.00-2.67%
  • uniswapUniswap(UNI)$5.03-2.21%
  • chainlinkChainlink(LINK)$6.46-1.81%
  • leo-tokenLEO Token(LEO)$3.50-0.28%
  • cosmosCosmos Hub(ATOM)$10.47-3.07%
  • ToncoinToncoin(TON)$1.85-0.84%
  • okbOKB(OKB)$45.45-3.59%
  • moneroMonero(XMR)$146.96-4.29%
  • ethereum-classicEthereum Classic(ETC)$17.92-1.85%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • stellarStellar(XLM)$0.0904631.14%
  • bitcoin-cashBitcoin Cash(BCH)$112.38-2.01%
  • true-usdTrueUSD(TUSD)$1.000.04%
  • internet-computerInternet Computer(ICP)$4.65-3.83%
  • filecoinFilecoin(FIL)$4.65-2.88%
  • lido-daoLido DAO(LDO)$2.09-4.02%
  • quant-networkQuant(QNT)$115.051.88%
  • AptosAptos(APT)$8.24-2.30%
  • hedera-hashgraphHedera(HBAR)$0.051271-3.05%
  • crypto-com-chainCronos(CRO)$0.059418-1.33%
  • vechainVeChain(VET)$0.020340-2.22%
  • ArbitrumArbitrum(ARB)$1.15-6.34%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • nearNEAR Protocol(NEAR)$1.55-3.54%
  • the-graphThe Graph(GRT)$0.1333362.88%
  • apecoinApeCoin(APE)$3.13-2.15%
  • algorandAlgorand(ALGO)$0.147437-2.28%
  • paxos-standardPax Dollar(USDP)$1.000.11%
  • fraxFrax(FRAX)$1.00-0.14%
  • EdgecoinEdgecoin(EDGT)$1.00-0.22%
  • the-sandboxThe Sandbox(SAND)$0.53-3.19%