The next 12 to 24 months should see the crypto market maintain its bull run, in the view of CryptoQuant. And with bullishness on the rise, Bitwise has put forward some lofty price targets for Bitcoin, XRP, and NEAR that are no doubt provoking discussion among traders and analysts.<\/p>\n
CryptoQuant\u2019s latest analysis, as presented to the CryptoWendyO audience, calls for a continuation of the current bull run in the cryptocurrency space. The forecast has not gone unnoticed by institutional or retail investors who are watching for any sign of momentum following the recent upswings. In line with CryptoQuant’s outlook, traders are adjusting their strategies ahead of what promises to be an extended period of optimism.<\/p>\n
Then there is Bitwise, a major player in crypto asset management, which envisions considerable gains for several top coins. The firm’s view, as discussed on the channel, is that NEAR could reach $155 by 2030, a 40-50x increase from its current level. For XRP, they see $589 as possible, and for Bitcoin, a potential $1 million. Both skepticism and excitement can be found in the community regarding such audacious numbers.<\/p>\n
Major financial institutions are also shifting their positions. BlackRock has moved U.S. equities to neutral and is calling for growth in Treasury bonds. At the same time, the IMF is voicing macroeconomic concerns, warning that AI might put as much as 40 percent of jobs at risk.<\/p>\n
Sunny of VeChain appeared on the channel to compare the current AI spending frenzy to the dot-com bubble, a warning to remain cautious. The pace at which AI is being integrated into crypto trading is evident in Binance AI, the new offering from Binance that provides portfolio analytics, trading ideas, alerts, and news.<\/p>\n
NEAR is showing it means business when it comes to security. During the CryptoWendyO conversation, it was noted that the protocol will be rolling out additional measures to strengthen its defenses, on top of the quantum-resistant signatures it already has in place\u2014something important given the long-term growth and adoption expected in the market.<\/p>\n
And in other developments, Evernorth XRPN has debuted on NASDAQ. It posted a 1.05% decline from open to close at $16.91 in its first session, a small dip that reflects the cautious optimism prevailing in the market at large.<\/p>\n
This article reflects the channel author\u2019s opinion and is not investment advice.<\/em><\/p>\n Every call by CryptoWendyO and how it played out \u2014 in the BuyCrypt bloggers tracker<\/a>.<\/em><\/p>\n Source \u2014 CryptoWendyO: https:\/\/www.youtube.com\/watch?v=DtyhpWi1cZ8<\/a><\/em><\/p>\n <\/p>\n Prepare for the upcoming bull run by honing your skills with our risk-free crypto trading simulator. Practice risk-free trading<\/a>.<\/p>\n <\/p>\n