Famous crypto analysts Mark Moss and Michaël van de Poppe presented their opinions about Bitcoin to users. As Kriptokoin.com, we have compiled the Bitcoin analysis of famous names for you.
Analyst Mark Moss says Bitcoin will not be affected
According to Mark Moss, host of The Mark Moss Show and CEO of Market Disruptor, with regulations in place to curb the industry, the crypto industry as a whole will not see another bull run. However, he argued that this would not affect Bitcoin, which he called a “decentralized revolution” in technology. At the heart of Moss’s thesis is that once new crypto startups are regulated, venture capital funds will need to hold new cryptocurrencies for a “7 to 10-year lock-in period” rather than overspending and then selling them before the price drops. This “pump and dump” scheme is behind many crypto bull markets, including the rise in the price of FTT, the native token of FTX. The collapse of FTX, the world’s third-largest crypto exchange by trading volume, has fueled calls for crypto regulation. This could affect venture capital funds that treat cryptocurrency projects as unregulated assets. Moss said in a statement:
“Imagine Ethereum fully exposed” ” “Who created the token? … How many [tokens] are controlled by insiders? What is the connection between Ethereum Foundation, Joseph Lubin and Vitalik Buterin? Who controls tokens in The Merge Lockup? … I can’t imagine they would want that [to go through full disclosure].”
Additionally, Moss noted that most cryptocurrencies will likely be regulated as securities. He then explained that this would also require the disclosure of crypto projects. Moss disproves the argument that crypto projects will simply move to more regulator-friendly jurisdictions in the event of stricter US regulation. The analyst claims that smaller markets will not bring in much capital. Moss finally concluded his words by saying:
“Sure, the SEC is stuck and [crypto] is offshore… going to a small jurisdiction. But American venture capital firms cannot circumvent US regulations to try to invest in these small, uncertain markets. Sure, it will migrate to another country… but the money will not go with it, which is what determines the overall market value.”
Michaël van de Poppe welcomes these altcoins
The widely followed crypto analyst is smashing a little-known altcoin that combines Bitcoin (BTC), Litecoin (LTC), Phantom (FTM) and artificial intelligence (AI) and blockchain technologies. Michaël van de Poppe told his 643,500 followers that BTC is “in a downward trend” after two hard rejections. BTC is trading at $16,500 at the time of writing. He says the payment-oriented cryptocurrency is approaching the price zone that would be ideal for potential long-term trades. Litecoin is currently trading at $66.90.
The analyst also analyzes the Layer-1 blockchain Phantom, which names two key price levels for FTM. FTM is currently valued at $0.202. Finally, the analyst turned to Fetch.ai (FET) on Tuesday, describing the machine learning blockchain as “strong.” Revisiting FET, Van de Poppe says the AI blockchain has finally “reached a hit”.
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