from Kerry Lutz's Financial Survival Network
Dan Novaes, CEO of Mode Mobile, expressed a positive forecast for Bitcoin, predicting it could reach $100K by year-end due to strong market trends and institutional interest, despite current retracement. He emphasized Ethereum’s importance in the crypto ecosystem, noting its role in powering stablecoins and its growth potential as market liquidity increases. The need for regulatory clarity in the U.S. was highlighted to create a safer investment environment and address scams. Kerry Lutz and Dan discussed the complexities of cryptocurrency ownership, particularly the issue of lost Bitcoin from forgotten keys, and the growth potential among younger generations. They also examined the influence of institutional interest and options trading on the market, considering the possibility of price manipulation and the U.S. government’s impact through significant purchases.
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