
Standard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024
Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year.
Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year.
According to the survey, progress in the global development of CBDCs has continued since last year, with a particular emphasis on emerging economies where CBDCs are viewed as a means of providing financial access to unbanked individuals.
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.
Kering first signalled interest in the acquisition of Creed earlier this year.
Following the publication of the Hindenburg Research study, Icahn Enterprises’ stock fell to a low of $31.78, the company’s lowest value in more than ten years.
Goldman Sachs notes that India’s lowering dependency rate, emphasis on infrastructure boost, and capital investment inflows will spearhead the country’s economic output in the next few decades.
TSMC is also expanding a factory under construction in Arizona to develop better chips for iPhones and subsequently drive sales.
The launch of Threads came at a time when social media enthusiasts were seeking out better alternatives to Twitter due to the newly introduced limitations on the app.
Stablecoin issuers Circle and Tether have initiated action and blacklisted more than $67 million of stolen funds in USDC and USDT, which is around 50% of the stolen amount from the cross-chain protocol.
For many years, bad actors have employed social media platforms such as Twitter to post malicious links.
The introduction of new broader regulations could potentially be equally stringent, or even more comprehensive, in addressing systemic risks, market competition, data security, and other concerns within the tech industry.
According to the report, 30% of those 190,000 crypto workers reside in the US. Anders Helseth, vice president at K33 Research, believes that this trend will remain the same, with the US being “a center of gravity for the crypto industry”.
Flare Network will work with Ankr to provide high-performance RPC infrastructure for developers.
According to former banker and BitMex co-founder Arthur Hayes, Bitcoin has a very high chance of becoming the ultimate currency of artificial intelligence.
Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers’ deposits, and flouting KYC rules.