Bitcoin Industry News - Cryptocurrency goes to $ 10,000

Max Keizer is known for predicting certain precise things. This time, he predicted that Bitcoin was heading for $ 10,000. According to him, various factors are contributing to this increase. In Asia, for example, traders are optimistic about South Korea's decision to regulate Bitcoin as a commodity. According to them, this is an excellent indication against legalization. 

Various Bitcoin news sources claim that South Korea's move will allow the market to continue to grow at a healthy pace. There is also speculation that China will ease restrictions on BTC trading now that President Xi Jinping has secured his position as leader of the Chinese Communist Party for the foreseeable future. 

Needless to say, the information from various other parts of the world in the news section of the Bitcoin industry also claims that things are going well in the United States as well. The Securities and Exchange Commission (SEC) will soon give approval to the first exchange traded fund (ETF) that tracks the price of Bitcoin. 

Bitcoin industry news from around the world for traders and investors

According to various portals covering updates of the Bitcoin industry, the Bitcoin ETF, combined with the recent launch of LedgerX's regulated derivatives platform, is expected to launch a wave of investments on Wall Street in the crypto economy. So it is an exciting world that will have a big impact on the cryptocurrency exchange rate. 

In addition, longtime Bitcoin bull Max Keizer predicts that the price of Bitcoin will hit $ 10,000 in the near future. According to him, 30,000 new Bitcoin wallets per day and ETFs arrive, all of which make things rosy for Bitcoin. However, Bitcoin must pass at least one meaningful test before it can cross the five-digit threshold, ie the impending SegWit2x hard fork. 

Bullish investors should continue to invest at current levels

Emperor's optimism is true because there is reason to believe it. For example, earlier this year, Keizer celebrated Bitcoin's full-time high of $ 3,000 by saying that $ 5,000 was in sight. Needless to say, many mocked this prediction, which came at a time when a blockchain split was emerging as a growing possibility. 

Portals like NewsBTC provide comprehensive coverage of the latest news and updates in the BTC industry. The organization's journalists and analysts say Keizer's latest tweet will be as true as other previous Bitcoin predictions. 

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