Institutional Investors Say Ethereum To Have The Strongest Growth in 2023
Accoridng to the latest reports, it seems that there is one crypto asset that has the most compelling grown outlook this year, according to institutional investors. Check out the latest price predictions below. One crypt...
Accoridng to the latest reports, it seems that there is one crypto asset that has the most compelling grown outlook this year, according to institutional investors. Check out the latest price predictions below.
One crypto asset has strong potential growth in 2023It’s been just revealed that the digital assets manager CoinShares says most institutional investors believe one crypto asset has the most growth potential this year.
In the latest Digital Asset Quarterly Fund Manager Survey, CoinShares made sure to highlight the fact that there is a 20% increase in bullish sentiment among investors for the smart contract platform Ethereum (ETH).
“Ethereum has seen a dramatic rise in investor sentiment, with a record 60% of survey respondents believing it has the most compelling growth outlook.”
As the online publication the Daily Hodl notes, it seems that just about 30% of those surveyed said Bitcoin (BTC) had the most compelling growth outlook.
It’s also worth noting the fact that the survey is based on 43 responses from investors who cover $390 billion of assets under management.
One other essential this is the fact that the sentiment behind Ethereum jumped significantly since the October 2022 survey, when only 40% of those surveyed believed ETH had the most compelling growth outlook.
We suggest that you check out the original article in order to learn more details about all this.
Bitcoin price predicitonsEconomist and crypto trader Alex Kruger is expressing bullish sentiment toward Bitcoin (BTC). Just recently, he has been saying that the king crypto could mount a massive rally in 2023.
Kruger said that BTC could rally up to $35,000, a jump of around 52% from current levels before a correction occurs.
According to Kruger, such a rally by Bitcoin would be in line with how markets normally work. Make sure to check out our previous article in order to learn more details about all this.
The post Institutional Investors Say Ethereum To Have The Strongest Growth in 2023 first appeared on CryptoGazette - Cryptocurrency News.Original source
Read on CryptoGazetteRelated market context
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days
Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the l...
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails
TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations....