Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k
As the community braces itself for a period of market recovery, interesting news has caught investors’ attention. Coinbase director, Conor Grogan posted on his X account, a hypothesis to unmask Satoshi Nakamoto. The Bitcoin founder has been MIA for the last decade, and numerous members have attempted to discover him.
On February 5, the largest institutional hodler of Bitcoin and intelligence firm, MicroStrategy, announced a rebranding of its company to “Strategy”. The decision reinforced the firm’s commitment to Bitcoin as a treasury asset. The rebranding decision included changing the company’s logo to a stylized Bitcoin “B” signature orange color. Michael
The global crypto market has been on rocky terms over the past few days. As another weekend approaches, community members are expecting further price consolidations. However, looking into what has occurred particularly in the last 24 hours, trading conditions don’t look very bright. Notably, Bitcoin, after its recent visit to
El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,
Bitcoin is witnessing price fluctuations and is struggling to keep pace with its previous price ranges. Its price is trading close to the $98,000 price level, with less than 1% drop in the last 24 hours. The price drop triggered by uncertain global macroeconomic conditions hasn’t fully recovered yet. As
Ohio is advancing a proposal to establish a “Bitcoin Reserve Fund.” Senator Sandra O’Brien introduced Senate Bill 57, which aims to authorize the state treasurer to invest public funds exclusively in Bitcoin (BTC). The bill was referred to the Financial Institutions, Insurance, and Technology Committee the day after its introduction,
US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a regulatory framework to establishing a Bitcoin reserve, David clarified on their upcoming plans for crypto. David Sacks revealed that he was in a meeting with House
Travala, a cryptocurrency-native travel booking service, has teamed with trivago, one of the world’s leading accommodation metasearch engines, to integrate Travala’s entire hotel inventory of over 2,200,000 properties on trivago. Millions of Trivago users worldwide will be able to find, evaluate, and book Travala’s properties thanks to the integration. Travelers will be
Donald Trump’s AI Crypto Czar, David Sacks, is scheduled to hold a press conference today at 2:30 PM Eastern Time, where he is expected to outline the U.S. government’s plan for the leadership strategy in the digital asset domain. The press conference schedule features a lineup of GOP lawmakers and
