Hakan Ateşler 
Famous trader and investor Arthur Hayes stated that he expects a decline in cryptocurrency prices before and after the halving. “If the majority of market investors expect a rise, it is always the opposite,” Hayes said.
Crypto and digital investment products received a net investment of $646 million last week. While the most investment was in Bitcoin funds with $663 million, Ethereum funds closed the week with a negative $22 million. Funds have reached a total net investment of $13.8 billion since the beginning of the year, breaking its historical record. Investments in Filecoin funds also did not go unnoticed.
Anthony Scaramucci, founder of crypto and digital asset investment company SkyBridge Capital, said in a program that Bitcoin could reach a price of $170,000 in the 18-month period after halving. Stating that he felt sorry for SBF, Scaramucci also stated that Gary Gensler “did a favour” to the cryptocurrency world.
As Bitcoin managed to raise its head again from the $64-65 thousand levels it fell last week and exceeded $71 thousand, there are important events that concern the cryptocurrency industry this week. From BlackRock’s earnings report to Fed minutes and new US inflation figures, important events and data will closely affect the movement in cryptocurrencies.
Major companies have also started to prepare themselves for the highly anticipated halving in Bitcoin, where mining rewards will be halved. Figures show that Bitcoin mining companies such as RIOT, Marathon and Cleanspark have reduced BTC sales and switched to the “HODL” strategy.
Brad Garlinghouse, CEO of Ripple, the company that launched XRP and made its name known with lawsuits in recent years, stated that the cryptocurrency market could “easily” reach twice the current level by the end of the year. “The overall market cap of the crypto industry is easily predicted to to double by the end of this year.” Garlinghouse said.
Vitalik Buterin, one of the founders of Ethereum, stated that the network should think much further ahead after the Dencun update. Writing that Ethereum is no longer just a financial ecosystem, Buterin highlighted PeerDAS and said it will go beyond EIP-4844. Buterin also made some suggestions for the layer-2s to be more secure and faster.
Dogwifhat (WIF), which has attracted serious investors since the beginning of 2024 and is one of the most talked about tokens of the cryptocurrency industry, broke its new record this morning. While WIF exceeded $4, it also surpassed PEPE in the ranking of meme coins.
Binance exchange announced Ethena (ENA), supported by Arthur Hayes, as the 50th Launchpool project. Staking will begin tomorrow to earn ENA through BNB and FDUSD pools. The general listing will open on 2 April.
Sam Bankman-Fried, accused of stealing billions of dollars of customer funds, was sentenced to 25 years in prison.