Welcome to our CryptoMonday weekly review of week 43! As usual, there was a lot to report this week and so it is not surprising that we can again come up with a whole range of interesting news for you.
Our topics this week range from contradicting views of some top analysts regarding the Bitcoin price and its performance in the next days and weeks, to the potential of the XRP and Ethereum price and the latest PayPal news, to the top picks of altcoins that an analyst shared with his followers.
And of course that was far from all! But that’s enough of the preface. Have fun with our CryptoMonday weekly review!
Let us know afterwards what the most exciting or important events were for you this week and discuss them with ours Community on Telegram.
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Bitcoin price explodes while analyst warns of bulltrap, Ethereum price soon $ 440 and Ripple price on the downward path?
Well-known crypto analyst and trader Michaël van de Poppe recently warned crypto enthusiasts that the Bitcoin price and the broader crypto market are not yet ready for the big breakthrough.
The analyst believes the recent surge in Bitcoin price to $ 12,000 is most likely a bull trap. He is similarly critical of the XRP course, while he sees the Ethereum course as having the potential to climb even higher areas.
You can read about his assessment of Bitcoin, Ripple (XRP) and Ethereum in this article.
Bitcoin attack on USD and EUR: Google lists BTC in first place
Bitcoin is gaining more and more maturity. While the cryptocurrency was referred to as a pure object of speculation a few years ago, BTC has now developed into a respected asset. Whether institutions, hedge funds or companies: They all take Bitcoin in their own portfolio to protect themselves from the sometimes escalating monetary policy.
Properties such as the limited supply, resistance to censorship, high divisibility and simple portability arouse desires – once you understand the concept behind Bitcoin – and so it is probably more than understandable that BTC is now also considered digital gold in institutional circles.
Now even Google Finance is listing BTC as a currency – to everyone’s surprise – as the top currency. You can find out more about this here.
PayPal cryptocurrency: will the Bitcoin announcement soon be followed by a separate coin?
The Bitcoin PayPal announcement caused an uproar in the crypto world and catapulted BTC towards $ 13,000. After this positive news, CoinShares CEO Meltem Demirors spoke about the landmark event in a CNBC interview. However, Demirors not only focuses on Bitcoin, but also focuses on another aspect. Will you even have your own PayPal crypto currency in the next 6 to 12 months? This article will give you the answer.
Top analyst holds these 10 altcoins for the next Bitcoin course Bullrun
The analyst and influencer Tyler Swope recently disclosed his top 10 altcoins, which in his opinion should not be missing in any portfolio at the next Bitcoin course Bullrun.
You can read in this article which 10 cryptocurrencies these are and what percentage the respective positions of his portfolio make up.
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Bitcoin price forecast of $ 30,000 – well-known analyst declares Bullrun open
What were your personal crypto highlights this week for you? Discuss with us in our Telegram chat and follow our news channel!
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