Standard Chartered remains confident in Bitcoin's potential, holding a year-end price target of $100,000 despite recent market turbulence and some bearish analyst views. The bank considers Bitcoin a strong buy at around $64,000 and downplays fears related to its recent Bitcoin sales by Strategy, a major corporate holder. Although past price targets were overly optimistic, the firm now expects Bitcoin to stabilize and meet its forecast as ETF flows and corporate demand continue. This outlook suggests ongoing institutional support for Bitcoin's growth potential.
US-listed crypto ETFs excluding Bitcoin and Ethereum attracted nearly $90 million last week, driven by strong inflows into XRP and Solana funds. XRP funds led with $39.78 million, marking their best week since May and extending a six-week streak of g...
Michael Saylor, a prominent Bitcoin advocate, advises investors to adopt a billionaire mindset by purchasing Bitcoin, citing its alignment with the Bernard Arnault test which identifies assets likely to remain desirable over time. He emphasizes Bitco...
Ethereum's price rose 29.3% over seven days, surpassing Bitcoin's 21.4% gain, driven by increased institutional interest and ETF inflows. Fundstrat's Tom Lee predicts Ethereum could reach $10,000 within two years, citing its growing role in tokenizat...
Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 an...
Bitcoin price remains steady above $77,000 despite the US Treasury's announcement of new economic sanctions against Iran, described as an "economic D-Day" targeting Iran's financial lifelines. The sanctions have led to a drop in oil prices to $85 per...
