Standard Chartered Bank Says Bitcoin Price Likely To Hit $50,000 This Year, $120,000 By 2024 ⋆ ZyCrypto

Advertisement &nbsp &nbsp Multinational bank Standard Chartered, which in December 2022 predicted that the bitcoin price was on track to plummet as low as $5,000 in 2023, now believes that the...

Another Massive Wave of Capital From Institutional Investors Hits Bitcoin and Crypto Markets: CoinShares

Digital assets manager CoinShares says institutional investors are still bullish on Bitcoin (BTC) and altcoins as crypto sees over $136 million in inflows last week. In its latest Digital Asset Fund F...

Bitcoin Sharks And Whales Go On $2.15 Billion Buying Spree, Is It Time To Sell?

Bitcoin has seen both highs and lows over the past month as various developments in the space put the digital asset’s price into a pull-and-push trend. However, investors have remained undeterred by t...

Grayscale Bitcoin Trust (GBTC) Discount Narrows to Lowest Since May 2022

While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. “I had a really good laugh when we saw the BlackRock [spot bit...

Standard Chartered Bank Now Forecasting $120,000 Bitcoin Price By 2024

Key Points: Standard Chartered Bank predicts that Bitcoin will reach $50,000 by the end of this year and $120,000 by the end of 2024, revising its previous projection of $100,000 by 2024. The bank exp...

$819,000,000,000 Standard Chartered Doubles Down on Bitcoin With Massive 2024 Price Target

British multinational financial giant Standard Chartered is reportedly predicting a huge Bitcoin (BTC) price for next year, upping its last bullish forecast. According to a new report from Reuters, St...

Bitcoin price will hit $120,000 in 2024, Standard Chartered believes

Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other in...

Breaking: Former SEC Chair Joins Industry Voices In Pushing For Bitcoin ETF Approval

Former Securities and Exchange Commission (SEC) Chair Jay Clayton has expressed his openness to a spot Bitcoin (BTC) ETF in a recent interview with CNBC Squawk Box.  Clayton stated that he was previou...

Spot Bitcoin ETFs Should Be Approved

Crypto Market News: Former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton on Monday indicated that there was a clear shift in the way futures and spot Bitcoin markets are viewed at, i...

Bitcoin NVT Golden Cross Says BTC Is Overpriced, Decline Soon?

On-chain data shows the Bitcoin NVT Golden Cross has neared the overvalued zone recently, a sign that a drawdown could be coming. Related Reading: XRP FUD Spikes, Will This Trigger A Price Reversal? B...

BTC to $120,000? Standard Chartered Thinks 2024 is Bitcoin’s Year

Standard Chartered has raised its 2024 Bitcoin forecast to $120,000, a notable increase from the $100,000 prediction made in April, according to a Reuters report. The United Kingdom-based financial in...

This Week in Coins: Solana Surges as Bitcoin and Ethereum Rally Rebound

Illustration by Mitchell Preffer for Decrypt. Echoing last week, the values of market leaders Bitcoin and Ethereum remained pretty inert over the past seven days.  Nonetheless, market leader Bitcoin (...

Standard Chartered Says Bitcoin Could Hit $120,000

Standard Chartered predicts Bitcoin (BTC) reaching $50,000 could encourage miners to accumulate block rewards. The UK-based bank predicts Bitcoin’s price increase may mean miners need to sell fewer co...

Luxor Expands Bitcoin Mining Derivatives Contracts And Daily Settlement Rates – Bitcoin Magazine

Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the ...

Is the Grayscale Bitcoin Trust (GBTC) stock a good buy now?

The Grayscale Bitcoin Trust (GBTC) stock price has moved sideways in the past few days as Bitcoin remained stuck at $30,000. GBTC was trading at $20, the highest level since June last year. It has jum...

From $5,000 to $120,000: Standard Chartered’s Controversial Bitcoin Price Predictions

According to Retuers, Standard Chartered predicts Bitcoin’s price to reach $120,000 by 2024, reaching $50,000 this year and $120,000 by 2024. This upward trend aligns with the recent increase in...

Market Overview (July 3rd to July 9th): Could BTC Value Up To $100K This Year? Wall Street Is Coming!

Key points: BlackRock has amended and re-submitted its application for a Bitcoin spot ETF, with Coinbase as its partner exchange. Binance did experience some turnover last week. Last week, the cryptoc...

Standard Chartered Projects Bitcoin $BTC To Reach $120K by 2024

In its latest research report, Standard Chartered Bank has presented an optimistic forecast for Bitcoin, suggesting that the leading cryptocurrency could touch the $50,000 milestone by the end of 2021...

Bitcoin Analyst Believes BTC Is Future of Money, BlackRock ETF Spurs Increased Demand

According to the analyst, Bitcoin has a better chance of being valuable and stable as it has a fixed and constant supply compared to other forms of money. Luke Broyles, a Bitcoin analyst, has made a s...

Buterin Proposes Bitcoin Devs To Adopt Ethereum’s Approach

During the discussion, the co-founder shed light on how Ethereum has progressively integrated diverse scaling solutions over time to enhance its throughput, as scaling emerged as the central topic of ...

US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment

Robert F. Kennedy Jr., a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of hav...

Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year

International bank Standard Chartered predicted that Bitcoin’s (BTC) price could end the year as high as $50,000 and reach $120,000 by next year, according to a July 10 Reuters report. Standard’s Char...

Analysis : Solana, Bitcoin Cash, Dogecoin, Tron

Solana, Bitcoin Cash, Dogecoin, and Tron are some of the most important crypto assets on the market, but how are they performing in this first half of 2023? Let’s take a look at some interesting analy...

False Hype or Reality? Bitcoin (BTC) at $120K by 2025, Says Standard Chartered

Standard Chartered, a prominent British multinational bank, has made audacious predictions regarding Bitcoin (BTC), causing a stir in the financial world. The bank’s optimistic outlook has garnered at...

Bitcoin Price Analysis: 29998 Support Tested

BTC/USD 29998 Support Tested:  Sally Ho’s Technical Analysis – 11 July 2023 Bitcoin (BTC/USD) remained dominated by short-term technical levels early in the Asian session as the pair encountered buyin...

Crypto community with 84% historical accuracy sets Bitcoin price for July 31, 2023

The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. Bitcoin (BTC), the world’s leading crypto asset, expe...

Is Bitcoin Vulnerable Through ETFs, Like Gold?

In a recent newsletter, Singapore-based crypto asset trading firm QCP Capital raised the question of whether the introduction of a Bitcoin exchange-traded fund (ETF) could lead to price manipulation b...

Changes To Bank Capital Needs, Bitcoin Up

Crypto Market News: The US Federal Reserve’s Vice Chair for Supervision Michael S. Barr on Monday delivered the speech on capital for large banks. He remarked that there was need for actions to make b...

Bitcoin remains resilient in the face of uncertainty

The global market is facing extreme resistance, with the Fed’s latest revealing its decision to halt the consecutive hike rates that continued for 10 months and were debated vigorously. Following the ...

Bitcoin (BTC) Price Drop Puts $30,000 Level at Risk

The price of Bitcoin (BTC) has been trading in a corrective pattern since June 23, likely in response to the previous upward movement. While the BTC price briefly reached a new yearly high on July 5, ...

Report: Bitcoin Volatility Lowest in Nearly Three Years

Despite what has still felt like a relatively up-and-down period for bitcoin, the world’s number one digital currency by market cap, a new study suggests that the volatility of the asset is at its low...

Bitcoin Price (BTC) Holding Above $30K After Quiet Weekend

Bitcoin (BTC) and ether (ETH) were little-changed on Monday, but a number of crypto gainers from last week were pulling back. In macro news to come this week, investors will be focusing on U.S. inflat...