News with the tag "steno research"

Steno Research predicts a fantastic year for cryptocurrencies in 2025, with Bitcoin seen to reach $150,000 and Ethereum potentially hitting an $8,000 value. Related Reading: Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging This projection isn’t just speculative; Steno’s analysis ...

Steno predicts Bitcoin at $150,000 and Ether at $8,000, setting the stage for an altcoin season in 2025.

Ether ( ETH ), the second-biggest cryptocurrency by market cap, is likely to outperform larger rival bitcoin ( BTC ) in 2025, Steno Research said in a report Sunday, citing historical trends and Donald Trump's U.S. election victory. Bitcoin is predicted to reach a minimum of $150,000 next year, up f...

The Ethereum blockchain's transactional revenue has increased substantially since Donald Trump's U.S. election victory, Steno Research said in a Monday report. "This outcome is crucial for all onchain activity," wrote analyst Mads Eberhardt. The surge has led to higher staking rewards and more ether...

The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.

Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading analysts have...