In this week’s succinct roundup of the hottest Bitcoin.com News stories, a new Finder poll turns previous Ethereum price predictions upside down, with crypto experts predicting lower long-term prices for the asset. In addition, India calls on G20 countries to integrate cryptocurrencies as part of the “automatic exchange of information”, billionaire Thomas Peterffy discusses investment and the future legality of bitcoin, and SEC Chairman Gary Gensler, clarifies the US securities regulator’s approach to crypto regulation.
Finder Experts Predict Ethereum to Drop to $675 – Long-Term ETH Forecast Lowered Significantly
A panel of “industry experts” predicted that Ethereum would hit a low of $675 before the end of the year. They have “significantly lowered” their Ether forecast from early 2022 and now expect the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025 and $14,412 by 2030.
India asks the G20 to integrate cryptocurrencies into the global framework of “automatic exchange of information”
India’s finance minister has called on G20 countries to incorporate cryptocurrencies as part of the “automatic exchange of information.” More than 100 countries have adopted the common reporting standard in the framework.
Billionaire Thomas Peterffy plans to buy Bitcoin despite concerns that BTC could be “lost worthless or made illegal”
Billionaire Thomas Peterffy, founder of Interactive Brokers, said he plans to buy more bitcoins if the price of the cryptocurrency reaches $12,000. However, he remains concerned that Bitcoin could “lose its value or be banned.”
Gary Gensler outlines what to expect from the SEC regarding US crypto regulation.
US Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained what to expect from the securities watchdog on crypto regulation. “We also have strong authorities in Congress to use our waiver powers that we can tailor to protect investors,” he explained.
What is your opinion on the most popular Bitcoin.com News stories this week? Be sure to let us know in the comments section below.
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