Price: $0.39254 1.899%
Market Cap: 57.66B 1.748%
Volume (24h): 8.59B 0.4%
Dominance: 1.748%
Price: $0.39254 1.899%
Market Cap: 57.66B 1.748%
Volume (24h): 8.59B 0.4%
Dominance: 1.748% 1.748%
  • Price: $0.39254 1.899%
  • Market Cap: 57.66B 1.748%
  • Volume (24h): 8.59B 0.4%
  • Dominance: 1.748% 1.748%
  • Price: $0.39254 1.899%
Home > Information news > Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow?

Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow?

Release: 2024/06/24 00:02 Reading: 726

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/6678328dddeb8c5072c217ea

Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow?

Bank of Zurich to Offer BTC and ETH: A Bullish Signal for Crypto Adoption

The Cantonal Bank of Zürich (ZKB) has announced plans to offer Bitcoin (BTC) and Ethereum (ETH) services. This move follows similar offerings from Zug, St. Gallen, and Lucerne cantonal banks, indicating a growing embrace of cryptocurrencies by traditional finance in Switzerland.

Industry sources suggest that ten additional state banks may also launch crypto services, further expanding the accessibility of digital assets. This bullish sentiment bodes well for both BTC and ETH despite their recent price fluctuations.

Bitcoin Price Correction and Long-Term Outlook

Bitcoin has experienced a correction, dropping from a high of $69,945 to around $65,600. Experts believe a return to $67,000 is crucial for a bullish momentum shift. Despite the short-term uncertainty, some analysts remain optimistic about Bitcoin's long-term prospects.

Technical indicators suggest Bitcoin could reach $98,973 by the end of 2024. However, market sentiment remains cautious, and the path to recovery remains uncertain.

Ethereum Price Consolidation and Future Growth

Ethereum (ETH) has entered a consolidation phase, with a strategic price adjustment of 10%. Technical indicators indicate a potential bullish surge, supported by a breakout above $3,600.

Ethereum's price prediction targets $5,546 by Q4, 2024, with further potential for growth if banks continue to adopt the cryptocurrency or implement crypto services built on its Layer-1 network.

Angry Pepe Fork: A Unique Crypto with High Growth Potential

Angry Pepe Fork (APORK) stands out in the meme coin space with its innovative "Conquer to Earn" model. This gamified economic system encourages participation and community engagement.

APORK also features a tiered staking system, allowing users to earn rewards by locking their tokens for varying periods. The capped supply of 1.9 billion tokens creates calculated scarcity and drives long-term price appreciation.

Currently offered at $0.014, APORK offers a low barrier to entry and strong growth potential. Projections estimate a potential 100x return, making it a compelling crypto investment option.

Conclusion

As traditional finance embraces crypto, Bitcoin and Ethereum are poised for recovery. Angry Pepe Fork emerges as a strong contender and is well-positioned to become the best cryptocurrency to invest in.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.