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Experts are discussing the potential future of Ethereum, a leading smart contract-enabled blockchain, as the crypto market moves towards a major bull rally. One analyst predicts that ETH might reach $10K by the end of 2024. Furthermore, analysts are bullish on Bitcoin Minetrix after surpassing $8.6 million in ongoing presale. 
<h2 class="wp-block-heading" id="spot-strong-ethereum-etf-tailwinds-for-eth-to-reach-10k-strong">Spot Ethereum ETF tailwinds for ETH to reach $10k?</h2> 
Renowned analyst, angel investor, and key opinion leader (KOL) <a href="https://www.youtube.com/watch?v=FiyBoNrMIIE" target="_blank" rel="noopener">Anthony Sassano</a> believes Ethereum could reach $10k by the end of 2024 due to excitement surrounding a potential spot ETF launch. 
Anthony explained, “If you’re talking about 2024, $6-$8K sounds like a good range.” 
 You might also like: <a href="https://crypto.news/sec-postpones-deadline-for-decision-on-invesco-galaxy-spot-ethereum-etf/"> SEC postpones deadline for decision on Invesco Galaxy spot Ethereum ETF </a> 
He continued, “But if the hype gets ahead of itself because of the ETF, we go bombastic. I don’t see why $10K wouldn’t be on the table.” 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/4oD83ximLUex4KW7XFi0bmam6tmLe9yRTFcIOunWuW4vTaj9YEAADmn1L2SJiQ2_sA5nryDMPAewwYILpyehiUMMgWSmITQxlLRT8kcWYaSD22UlBBgZc2vUra3bVz157X01wxvNm9hoQHySTF5GAQ0" alt="Analyst says Ethereum can reach $10k in 2024, new altcoin likely to follow - 23">
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The KOL believes that the rise in institutional adoption of Ethereum will significantly benefit its price, and even if it fails to hit $10k, ETH will ascend to at least $6k by the end of 2024. 
Sassano is bullish on Ethereum because it leverages a proof-of-stake consensus mechanism, a consensus that is significantly more green. 
According to data on its website, Ethereum’s <a href="https://ethereum.org/energy-consumption" target="_blank" rel="noopener">annual energy consumption</a> in TWh/yr is 0.0026, compared to Bitcoin’s at 149. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/5Q7OvSrJ3tMDZf_2uw0yRnUGqaYKfgOw0EOFYHMnUifqbjcAUcQDwhb-_SGHz1FXu1wE_iQxHDeXefpg51dSqdmx96AINesZzuGOum4Kkj-9xWbxFPhdTeTUQR_VWo6wRp6acZBf5EKTocDbqAKcqQ8" alt="Analyst says Ethereum can reach $10k in 2024, new altcoin likely to follow - 24">
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Institutions often seek greener investments that align with the Environment, Social, and Governance (ESG) framework. Heavyweight fund managers like BlackRock commonly adopt this framework. 
 You might also like: <a href="https://crypto.news/blackrocks-larry-fink-points-to-value-in-ethereum-etfs-crypto-asset-class/"> BlackRock’s Larry Fink points to value in Ethereum ETFs, crypto asset class </a> 
This is evident in a budding interest from BlackRock CEO Larry Fink, who recently <a href="https://twitter.com/Cryptik1E/status/1745776244745289934" target="_blank" rel="noopener">said</a>, “I see value in having an Ethereum ETF.” 
However, Fink took this one step further, explaining, “These are just stepping stones towards tokenization, and I really do believe this is where we’re going to be going.” 
The move is sparking massive excitement in the crypto industry, solidifying the prediction given by Sassano and other pundits.&nbsp; 
Yet, amid this, analysts are even more bullish on Bitcoin Minetrix. 
<h2 class="wp-block-heading" id="strong-bitcoin-minetrix-presale-exceeds-8-6-million-strong">Bitcoin Minetrix presale exceeds $8.6 million</h2> 
<a href="https://bs_b96bd0a7.crypto-news.care/" target="_blank" rel="noreferrer noopener">Bitcoin Minetrix</a>&nbsp;is a platform that enables users to mine Bitcoin using cloud technology. 
It provides an easy and secure alternative to traditional Bitcoin mining, allowing users to earn Bitcoin without the usual complexities. 
 You might also like: <a href="https://crypto.news/ethereum-express-rallying-bitcoin-minetrix-is-next/"> Ethereum Express rallying, Bitcoin Minetrix is next? </a> 
Users can stake BTCMTX to obtain cloud mining credits, which can be redeemed for cloud mining power, leading to passive BTC rewards. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/m8odjccQ4UvriBmonffm5VozFBQIvc0L_mwZrTtuwBDzH_JbZiYmoTEr9geH_sF-WWFS9atB7qwQ-KloiNNG3Qu-OC9Q1jlS5MDLWu1kQFmXgmmIBKUWyfvY-Ocj276dd3my-NhqtTMYTKXsgSLHuyg" alt="Analyst says Ethereum can reach $10k in 2024, new altcoin likely to follow - 25">
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To mine BTC, users deposit BTCMTX to a decentralized smart contract, which eliminates the risk of cloud mining scams. 
So far, the project has raised over $8.6 million in the ongoing presale. 
Additionally, analysts, including <a href="https://www.youtube.com/watch?v=37ne69bgi4c&amp;pp=ygUUYml0Y29pbiBtaW5ldHJpeCAxMHg%3D" target="_blank" rel="noopener">Jacob Bury</a> and <a href="https://www.youtube.com/watch?v=XHaA9z4RwEY&amp;t=55s&amp;pp=ygUVYml0Y29pbiBtaW5ldHJpeCAxMDB4" target="_blank" rel="noopener">No Bs Crypto</a>, are bullish on the project. 
The tokenomics of the project are strong, with users needing to stake BTCMTX. Additionally, many tokens will be locked in the staking contract, and rewards will be paid in mining credits instead of BTCMTX tokens. 
 Read more: <a href="https://crypto.news/btc-surging-on-etf-approval-expectations-bitcoin-minetrix-presale-hits-8m/"> BTC surging on ETF approval expectations, Bitcoin Minetrix presale hits $8m </a> 
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Analyst says Ethereum can reach $10k in 2024, new altcoin likely to follow

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