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Summary of major cryptocurrency materials this week, including the prediction by an investment company founder that ETH will reach 10,000 Dollar and the update on XRP's all-time high.
Rate of change compared to the previous week (from 13th to 19th)
Summarized the materials from the past week, focusing on the top cryptoassets by market capitalization.
Market Capitalization Rank 1: Bitcoin (BTC)
The market capitalization of Bitcoin surpassed that of IT giant Amazon, capturing attention as it became the fifth largest financial asset. Although it is merely a simple comparison of market capitalization, it has also exceeded the likes of Amazon, Google's parent company Alphabet, and Silver.
Additionally, analysts from the U.S. investment bank Bernstein maintained their forecast that Bitcoin will reach $200,000 between the end of 2025 and the beginning of 2026, following its update of a record high exceeding $123,000. The analysis team at Bernstein, led by Gautam Chughani, predicts the arrival of a "long-term bullish market."
Furthermore, on the 14th, Joao Werdson, a registered analyst at the cryptoasset analysis platform "CryptoQuant," released a market analysis following Bitcoin's first breakthrough of $120,000. He points out that while Bitcoin has not yet reached the full-fledged bull market, there is a possibility of change in the near future.
Additionally, it seems that after Bitcoin recorded an all-time high of $123,000, on-chain analysis has confirmed signs of short-term adjustment. Tarekonchain, a cryptoassets analyst registered with CryptoQuant, analyzed on the 15th that a wave of profit-taking sales is occurring due to a sudden increase in inflows to exchanges.
Bitcoin (BTC) news and price
Comparing Bitcoin exchanges | Which one allows for comfortable and cost-effective trading?
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Market Capitalization Rank 2: Ethereum (ETH)
On the 14th, Eric Jackson, the founder of Canadian investment firm EMJ Capital, posted on X that he and his company analyze that the price of Ethereum will reach $10,000. Moreover, he predicted that in a bullish case, it could reach up to $15,000.
On the 15th, Standard Chartered Bank, a major UK bank, officially launched an integrated cryptoassets trading service for institutional investors. It will provide spot trading of Ethereum and Bitcoin through its UK branch.
Furthermore, as the price of Ethereum has risen by 22.3% in the past week, it has become clear that whale investors continue to make large purchases. Multiple large investors have continued to buy ETH worth hundreds of millions of dollars, supporting the bullish sentiment in the market.
In addition, on the 17th, Bitmine Immersion Technologies, listed on NYSE American, announced that its Ethereum holdings reached 300,657 ETH. The estimated value exceeds 1 billion dollars, recording the largest holdings among publicly traded companies in the second largest cryptoasset by market capitalization.
Ethereum (ETH) News & Price
Thorough explanation of investment benefits and risks
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Market Cap Rank 3: XRP
It has been pointed out that the rise of XRP is attributed to the movements of Korean traders. On-chain analyst Dom analyzed the price trends of XRP on the 12th on the 13th. According to him, when XRP rose from $2.6 to $3.0, a total buying pressure of 45 million XRP occurred in the spot market.
Additionally, asset management company ProShares announced on the 15th the launch of an XRP ETF in the United States. The name is "ProShares Ultra XRP ETF (UXRP)" and it is managed through futures, not investing in the physical asset.
Additionally, XRP recorded an increase of over 13.4% on the 18th, reaching $3.5. It has surpassed the previous all-time high of $3.40.
XRP News and Price
Thorough explanation of investment benefits and risks
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Market Capitalization Rank 6: Solana (SOL)
ProShares announced on the 15th that it launched a Solana ETF in the United States.
The name is "ProShares Ultra Solana ETF (SLON)". It is managed with Solana futures and does not invest in the physical asset.
Solana (SOL) News and Price
Recommended Exchanges | Summary of Future Potential, Buying Methods, and Risks
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Market Cap Rank 12: Stellar (XLM)
On the 16th, the Stellar (XLM) project announced that Jose Fernandez da Ponte, who led the launch of the stablecoin "PYUSD" at the payment giant PayPal, has joined the Stellar Development Foundation (SDF).
Mr. Ponte takes the position of head of SDF while also serving as Chief Business Growth Officer. As of the time of writing the article on the 17th, the price of Stellar has increased by over 300% year-on-year and by over 4% compared to the previous day. Additionally, it has shown an increase of about 2 times (93.3%) over the past two weeks, demonstrating excellent performance among major altcoins.