PDAXScope: BTC breaks 100K and ETH is on the verge of a boom

Bitcoin hits $100,000 for the first time. 3 things to know about an incredible ride (NPR Business)

NPR discusses the broader context surrounding BTC given that it broke the US$100K barrier earlier this week. Their article lays out the reasons for the crypto market’s surge after Trump’s election, the volatility expected in the coming days, and the concerts that critics of cryptocurrencies in general have of recent events.

Ethereum Price Dips, But Analysts Predict Explosive Surge to $15,000—Here’s Why (Trading View)

As Trading View notes the current dip that ETH is experiencing, it also highlights the potential for it to burst upwards according to analysts like CryptoBullet and VentureFounder. They cite the former’s “cup and handle” observations of the recent ETH price trends, and the latter’s observation of a possible repeat of the “triangular consolidation phase” that ETH had in 2016 to 2017.

Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop (CNN Business)

CNN Business reports that Trump’s announcement of Atkins and Slater for roles that are integral to the US stance on cryptocurrencies is what may prompt this week’s strong positive market sentiment, pushing BTC past the US$100K barrier. They go on to explain why Atkins and Slater could be the heralds of significant changes in the way “Big Tech” continues to operate in the US.

DISCLAIMER: PDAX reaffirms that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.

For inquiries or complaints, please contact us through the following channels:- Chatbot: https://pdax.ph or https://web.pdax.ph/ (click web chat feature)- ‘Customer Support’ webpage at https://support.pdax.ph- Email: support@pdax.phPlease provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.Philippine Digital Asset Exchange (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels: - Email: consumeraffairs@bsp.gov.ph- Webchat: http://www.bsp.gov.ph (click web chat feature)- Facebook: https://www.facebook.com/BangkoSentralngPilipinas- Direct Line: (02) 5306 2584 / (02) 8708 7087- Trunk Line: (02) 8708 7701 loc. 2584- SMS: 21582277 (for Globe subscribers only). For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.