Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto – European Wrap 28 March

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Ethereum Price Forecast: Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade

Ethereum (ETH) has seen immense buying from whales on Thursday following core developers fixing April 30 as a tentative date for the Pectra upgrade to go live on mainnet.

In its latest All Core Developers Consensus (ACDC) call, Ethereum developers tentatively scheduled April 30 for the Pectra mainnet upgrade.

Bitcoin Weekly Forecast: BTC remains calm before a storm

Bitcoin (BTC) price has been consolidating between $85,000 and $88,000 this week, approaching the lower boundary of the consolidation range when writing on Friday. A K33 Research report explains how the markets are relatively calm and shaping up for volatility as investors absorb the tariff announcements. PlanB’s Stock-to-Flow (S2F) model shows that Bitcoin looks extremely undervalued compared to Gold and the housing market.

Paul Atkins vows to make crypto rules top SEC priority

Paul Atkins, nominated by former President Donald Trump to lead the U.S. Securities and Exchange Commission (SEC), told lawmakers that regulating crypto would be his top priority if confirmed. Speaking at his confirmation hearing before the Senate Committee on Banking, Housing, and Urban Affairs on March 27, 2025, Atkins pushed for clear rules to reduce confusion and support innovation in the financial sector.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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