Hakan Ateşler 
Anthony Scaramucci, founder of investment management company SkyBridge, said in a program that he thinks Bitcoin will exceed the $100,000 level towards the end of the year. Scaramucci also stated that the largest cryptocurrency may also drop to the $50,000 level before this rise, but he predicts that a sharp rise will come after that.
The pressure on Biden, who is debated whether he will participate in the presidential election in the US but said yesterday, “I will enter the election and defeat Trump,” continues on cryptocurrencies. Finally, the organization called the Chamber of Development, which lobbies on technology, sent a letter to Biden about cryptocurrencies.
While many whales have turned to DeFi coins in recent months, one whale continues to buy AAVE and UNI. This whale, which has made millions of dollars of purchases before, made a total of $4 million in purchases tonight.
The years 2023 and 2024 continue to be challenging for executives at major cryptocurrency companies. Most recently, Artur Schaback, co-founder of cryptocurrency issuer Paxful, pleaded guilty to failing to pay sufficient attention to anti-money laundering rules. Schaback faces a maximum prison sentence of up to 5 years.
The German state’s Bitcoin sales continue at full speed. While 3100 BTC exited the government wallet, 1692 BTC returned to the wallet from the Bitstamp exchange. The Germans still hold $1.5 billion worth of Bitcoin.
After VanEck, 21Shares also applied for a Solana spot ETF, making waves in the crypto world, while Eric Balchunas, a Bloomberg ETF analyst, said that the US presidential elections will also be critical for Solana ETFs.
The Germans, who have been selling Bitcoin intensively since June, sent $900 million worth of Bitcoin to exchanges yesterday, while in the evening they surprisingly received $200 million worth of BTC back. There are currently more than 27 thousand Bitcoins in the wallet.
BlackRock’s BUIDL fund, which quickly entered the crypto and tokenization world last year, has exceeded $500 million in assets under management. This fund, which was launched in March, has thus crossed an important threshold in a short period of 4 months.
This week may have important developments for cryptocurrency markets. Jerome Powell’s speeches on Tuesday and Wednesday and the inflation figures to be announced on Thursday will be the developments of the week to follow.
Crypto funds received $441 million in investments last week. Although Bitcoin dominated the funds as always, this dominance decreased to 90% and investors also saw the declines in altcoins as an investment opportunity.