Latest PotCoin news
SEC Approves Valkyrie's Bitcoin Futures ETF: Is There Hope For a Bitcoin Spot ETF?
The United States Securities and Exchanges Commission (SEC) approved Valkyrie’s Bitcoin (CRYPTO: BTC) Futures exchange-traded fund (ETF) for trading. What Happened: Valkyrie’s Bitcoin Futures ETF was approved for listing under the Securities Exchange Act of 1934 using a 19b-4 form, according to the SEC document published Thursday. This is the same act that Bitcoin spot ETFs are attempting to be approved under, with Grayscale recently voicing discontent over alleged inconsistencies in treatment for those filings compared to the future-based ETF filings. The popular Bitcoin Archive Twitter account commented on Valkyrie's ETF approval: "All spot ETF applications have been filed under this act...perhaps some light at the end of the tunnel." See Also: How To Earn Free Crypto Why It Matters: Grayscale's legal counsel Davis Polk & Wardwell wrote in a recent letter to the SEC that the regulator refused to approve a Bitcoin spot ETF over concerns of market manipulation. Still, they pointed out that the futures tracked by the already-approved ETFs base their prices on the performance of spot markets. The lawyers noted that Teucrium's Bitcoin futures ETF was a notable example because it made the alleged inconsistencies apparent by being approved under the Securities Exchange Act of 1934 — as opposed to the Investment Act of 1940. This is the same act underlying both Valkyrie's Bitcoin futures ETF and Grayscales Bitcoin spot ETF filings, which they claim shows that the "SEC can’t use the distinctions between the ‘40 Act (which is what all prior futures ETFs were approved under) anymore." Bitcoin was trading at $36,016 on Saturday morning, up 0.17% in the past 24 hours. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Google Forms Web3 Team to Tap the Market's 'Tremendous Potential'
Customers have been asking for more support for "Web3 and Crypto related technologies," Google Cloud VP Amit Zavery wrote in an email.
About PotCoin
This article discusses the current POT price and the POT price predictions provided by reliable sources. Can POT reach a new all-time high in the future? What does the POT coin technical analysis indicate? Why is it important? What will the POT price look like in 2021-2025? Is the POT coin a good investment right now? Let’s dive in and decide for ourselves.
PotCoin Real-Time Status
POT current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
PotCoin Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
PotCoin Price
You can check the POT price through CoinJoy's crypto portfolio tracker. Choose POT from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy PotCoin
You can choose one or a few ways to purchase POT. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support POT tokens and allow you to store them. Locate the POT address starting from 0x. Sign up with POT and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many POT coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support POT. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
PotCoin Price Prediction 2022
We have gathered the latest PotCoin price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that PotCoin prices will increase, forecasting a potential bullish trend in 2022. According to the website algorithm, investors may be expecting an average of $2.251, with a potential maximum of $2.36355, and a minimum of $2.0259.
Trading Beasts has set the following targets for PotCoin in 2022: an average of $0.009, a maximum of $0.00945, and a minimum of $0.0081. Based on the provided data, purchasing PotCoin might be a good long-term investment.
PotCoin Price Prediction 2023
Similarly, Trading Beasts indicates an average of $0.014, a maximum of $0.014700000000000001, and a minimum of $0.0126 for PotCoin.
Conclusion
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
FAQ
Is PotCoin a good investment?
According to the experts' forecasts, PotCoin will be a good investment.
Does PotCoin Have Potential?
The POT is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since PotCoin forecast is positive, It has potential.
How much will PotCoin be worth in 2022?
In 2022 the price of POT is expected to reach $0.007350000000000001, based on the forecasting from various sources.
How much will PotCoin be worth in 2023?
In 2023 the price of POT is expected to reach $0.0105, based on the forecasting from various sources.