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Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered.In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets.Standard Chartered still expects six-figure BTC
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The XRP price may be gearing towards a bullish momentum with the potential release of multiple ETPs and the anticipated launch of
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However, "what the government is actually doing is blocking use of the OPE for crypto to any overseas person, even if they’re only doing institutional business," Meakin said. "Perhaps the government thinks there is a different solution, such as deference or equivalence, but we are still waiting to see any
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After 2021, we entered an era in cryptocurrency where people stopped talking only about financial decentralization and started to broadly discuss the tokenization of everything, thanks in part to nonfungible tokens (NFTs).This shift represents a critical perspective that is set to guide three theses for the upcoming bull market. To
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Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies driven by the pending approval of Bitcoin (BTC) spot exchange-traded funds (ETFs).During Galaxy Digital’s third-quarter earnings call on Nov. 9, Novogratz highlighted the firm’s belief that approving several ETFs “is now not a
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Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval.That is the perspective of Dan Tapiero, founder and CEO of 10T Holdings, who has joined the bulls eyeing a sea change in institutional Bitcoin adoption.Tapiero: Mass capital inflows "about to hit"
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A CryptoPunks NFT recently sold for 600 Ethereum (ETH), worth $1.14 million, representing the largest single NFT sale over the past seven days and the second-largest last month. The sale, involving CryptoPunk #7458, occurred on Nov. 6 at Larva Labs. Interestingly, the recipient address is relatively new, with the NFT purchase
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As part of their collaboration, the companies plan to launch AI-powered copilots for industries such as manufacturing, infrastructure, transportation, and healthcare. German technology company Siemens AG has partnered with Microsoft Corporation (NASDAQ: MSFT) to introduce Siemens Industrial Copilot, a generative artificial intelligence (AI)-powered assistant. The AI assistant is designed to enhance
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A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years.In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging to Thomas containing
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The breakout above the $31,800 resistance level coincided with a drop in open interest, a metric that assesses the notional value of all derivatives positions, across crypto exchanges, according to Coinalyze data. The decline, which reflects retail investor interest, contrasts with open interest on the Chicago Mercantile Exchange (CME), a
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