StanChart reaffirms Bitcoin on track to reclaim ATH by election day, 6-figures if Trump wins
StanChart reaffirms Bitcoin on track to reclaim ATH by election day, 6-figures if Trump winsStanChart believes that a Trump presidency could propel Bitcoin to $80,000 in the days following the elections and $125,000 by year-end.
Happy Friday!The global crypto market cap is $2.31 trillion, with a 24-hour volume of $74.76 billion. The price of Bitcoin is $67,968.73, and BTC market dominance is 57.9%. The price of Ethereum is $2,530.65, and ETH market dominance is 13.1%. The best-performing sector is eCommerce, which gained 54%. LATEST SLATECAST 🎙️ Sunny Aggarwal’s vision for seamless cross-chain trading with Polaris As the U.S. presidential election approaches, Bitcoin's future hangs in the balance, with Standard Chartered predicting a potential surge to $80,000 if Donald Trump wins. The bank's analysis suggests that Bitcoin could reach $73,000 by Election Day, with a bullish outlook for a year-end target of $125,000 contingent on Republican victories. Meanwhile, Microsoft shareholders are set to vote on a controversial Bitcoin investment proposal despite board opposition, and Ripple's CEO expresses optimism for a crypto-friendly political landscape post-election. Dive into today's top headlines for all the latest insights! StanChart reaffirms Bitcoin on track to reclaim ATH by election day, 6-figures if Trump winsStanChart believes that a Trump presidency could propel Bitcoin to $80,000 in the days following the elections and $125,000 by year-end. 📰 Top NewsMicrosoft shareholders to vote on Bitcoin investment proposal amid board oppositionMicrosoft's board advised shareholders to vote against the proposal as it already assesses Bitcoin. Ripple CEO optimistic about crypto post-election, regardless of outcomeBrad Garlinghouse is expecting a positive 'political reset' for crypto with the end of Biden administration, regardless of what party wins. US government-linked address likely exploited for over $20 million in cryptoThe US-government controlled wallet held significant amounts of seized crypto linked to the Bitfinex hack in 2016. 📈 Latest Insights
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Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto wallet
Thursday, October 24, 2024
Truth Terminal had expressed frustration over its lack of financial freedom. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Saylor’s disparaging remarks about self-custody provoke Bitcoin community’s ire
Wednesday, October 23, 2024
Bitcoin advocates said Saylor's new stance is "spooky." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Crypto industry wields growing influence in US politics with donations climbing over $190 million
Tuesday, October 22, 2024
Crypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system
Monday, October 21, 2024
Industry experts said the regulators' paper is one of the most aggressive in recent history. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto?
Sunday, October 20, 2024
Strong currency devaluation pushes citizens towards crypto but is political unrest a bigger driver? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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According to data collected by the WuBlockchain team, spot trading volume on major central exchanges in January 2025 decreased by 25% compared to December 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing
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DeFi & L1L2 Weekly — 📈 Polymarket recorded a new high of 462.6k active users in Jan despite volume dip; Holesky a…
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Polymarket recorded a new high of 462600 active users in January despite volume dip; Holesky and Sepolia testnets are scheduled to fork in Feb and Mar for Ethereum's Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Donald Trump taps crypto advocate a16z’s Brian Quintenz for CFTC leadership
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Industry leaders back Brian Quintenz's nomination, highlighting his past efforts at the CFTC and potential to revamp crypto oversight. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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