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The recent approval of Bitcoin exchange-traded funds has been trending, even impacting Ethereum. Amid this, analysts are bullish on Rebel Satoshi (RBLZ) once it officially launches.
Will the SEC approve spot Ethereum ETF in May 2024?
A few companies have applied to the Securities and Exchange Commission (SEC) for a spot Ethereum ETF, but so far, they have yet to be approved.
A researcher from Standard Chartered thinks that the SEC may approve these applications by May 2024.
Following this, the analyst predicts ETH to reach $4,000.
Others are even more cautious, saying ETH will reach $3,000 by 2025.
“Rich Dad Poor Dad” author reasserts why he owns Bitcoin
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has shown support for gold, silver, and Bitcoin.
He believes Bitcoin can serve as a defense mechanism against stealing wealth from the Treasury, Wall Street, and the Federal Reserve (Fed).
Kiyosaki also said Bitcoin may reach $120,000 in 2024 and at least $500,000 by 2025.
It remains to be seen if these predictions will come true.
According to conservative forecasts, BTC may reach $50,000 by 2025.
Rebel Satoshi driving defi
Rebel Satoshi aims to challenge the traditional financial system and promote decentralized finance (defi).
Past rebellious figures inspire them, and they have created a marketplace, Rebel Artefacts Vault, which will offer 9,999 unique collectibles and digital art characters in the form of NFTs.
The last presale stage for their RBLZ is ongoing, with a 25% deposit bonus for buyers who missed out on previous rounds. RBLZ is available for $0.022 at this phase but will be listed for $0.025.
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Source: https://crypto.news/ethereum-and-bitcoin-firm-rebel-satoshi-at-new-highs/