StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supply
StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supplyKendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally.
Happy Saturday!The global crypto market cap is $2.33 trillion, with a 24-hour volume of $103.46 billion. The price of Bitcoin is $61,799.68, and BTC market dominance is 52.1%. The price of Ethereum is $3,422.02, and ETH market dominance is 17.7%. The best-performing sector is Terra Eco, which gained 23%. The Crypto Fear & Greed Index is currently Greed (80). Top News
StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supplyKendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally. Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFsSonnenshein said spot Bitcoin ETFs have seen "tremendous" flows and demand since their launch in January. Biden administration’s notorious Bitcoin mining survey halted after legal backlashThe EIA has agreed to destroy the data it has collected so far to end the lawsuits filed by several industry players, including Riot Platforms and the Texas Blockchain Council.
Ad: Exploring SynFutures V3 and the Oyster AMMWith over $23 billion in cumulative trading volume, SynFutures eyes further growth with the V3 Oyster update. More NewsHungary issues draft law allowing banks to offer crypto servicesThe bill aims to establish a comprehensive regulatory framework for digital assets. Crypto losses hit $67 million in February, pushing yearly losses to $200 million – ImmunefiThe report did not include some incidents, which would bring total losses for the month to $198.1 million.
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El Salvador and pro-Bitcoin businesses reaping rewards after years of skepticism
Friday, March 1, 2024
El Salvador and companies that chose to buy Bitcoin with reserves are having the last laugh as BTC approaches all-time highs before halving. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single day
Thursday, February 29, 2024
Collective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145000 Bitcoin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin breaks $60k, now only 2% from highest monthly close in history
Wednesday, February 28, 2024
Bitcoin is up 20% in the past 3 days and is less than 1.94% away from its highest ever monthly with under 36 hours remaining. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Is this the Bitcoin ETF supply squeeze playing out already?
Tuesday, February 27, 2024
Bitcoin ETFs have acquired 300k BTC under management in less than 50 trading days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
New AI and hardware may crack the code on lost crypto
Monday, February 26, 2024
Advanced AI models, algorithms, and GPU/CPU technologies offer new hopes for recovering billions of dollars of lost digital assets through innovative decryption strategies. ͏ ͏ ͏ ͏ ͏ ͏ ͏
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The Japanese government has announced plans to advance a new economic stimulus package, expected to receive approval by the end of 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Blockchain Association urges Trump to tackle crypto reform in first 100 days
Saturday, November 23, 2024
The association sent a letter with five priorities to the President-elect, including regulatory clarity and ending crypto firms' "debanking." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is ‘just the start’
Friday, November 22, 2024
Galaxy's CEO also warned that the market is currently heavy with leverage, with a correction until $80000 being possible after the $100000 is surpassed. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏