Standard Chartered maintains its Bitcoin price forecast of $100,000 by the end of 2026, attributing recent market declines to Strategy Inc.'s communication issues rather than Bitcoin's fundamentals. Strategy, the largest institutional Bitcoin holder with 843,775 BTC, sold 3,588 BTC worth $216 million, its biggest single sale, to support its preferred stock dividends amid a declining market valuation. This move caused Bitcoin to drop sharply from $80,000 to $60,000 but has since rebounded above $64,000. Standard Chartered views Bitcoin at current levels as a strong buying opportunity, while some analysts warn that Strategy's new sales program introduces market risks.
This week in crypto, Bitcoin rebounded to $64,000 with Standard Chartered reaffirming a $100,000 price target by 2026, citing easing fears over recent Bitcoin sales. Robinhood Chain rapidly gained traction, surpassing $1.2 billion in decentralized ex...
Bitcoin's price cycles tied to its four-year halving events have historically produced new highs, but each peak shows smaller gains than the last. While some analysts predict prices could reach $300,000 to $500,000 by 2029, data shows that as Bitcoin...
Bitcoin has rebounded sharply from recent lows and is now approaching a key resistance level at $65,400, marked by the 50-day exponential moving average (EMA). This level has previously blocked upward momentum, so a successful breakout could lead to ...
The Japanese yen has fallen to historic lows, raising concerns that the Bank of Japan may tighten fiscal policy to protect its currency. Bitfinex analysts highlight the yen carry trade—a strategy where investors borrow cheaply in yen to invest in ris...
Bitcoin's market shows a divergence between spot and derivatives, with weak institutional demand and rising leverage risks. Despite a bearish trend, short-term holders are accumulating Bitcoin, suggesting a potential price bounce toward $70,000. Howe...
