BNP Paribas, France's largest bank, plans to launch six exchange-traded notes (ETNs) linked to Bitcoin and Ethereum on March 30, reflecting growing institutional interest in cryptocurrencies despite a turbulent market landscape. Bitcoin has faced an 81% drawdown from its peak and is currently down 44%, yet analysts maintain bullish price predictions, with targets as high as $130,000. This institutional focus on Bitcoin and Ethereum underscores a shift toward digital assets, while experts speculate that advancements in AI could catalyze a new bullish phase in the crypto market.
“Bitcoin rn feels like when your parents joined Facebook. On one hand it’s not as “cool” anymore bc of the Boomers but on the other hand Facebook’s user base grew.”
“The Physics of Bitcoin explores how power laws explain Bitcoin’s growth, value, and long-term trajectory.”
“Bitcoin's growth is compared with Power law vs Exponential models.”
“Just 8 years later, it grew a thousandfold to $1 trillion.”
“FRANCE’S LARGEST BANK BNP PARIBAS TO LAUNCH 6 $BTC AND $ETH LINKED ETNS FOR RETAIL INVESTORS MARCH 30”
“war might not be over but some interesting signs across the board on cryptos $btc, $eth, $sol all printing weekly MFI curls”
“looks like we are not going down another leg yet?”
“BLACKROCK HEAD OF DIGITAL ASSETS ROBBIE MITCHNICK SAYS AI, NOT ALTCOINS, WILL DRIVE CRYPTO’S NEXT BULL PHASE”
“INSTITUTIONAL INVESTORS CONCENTRATE ON $BTC AND $ETH”
