the market shows BTC breaking through $94,000, currently at $94,012, with a 24-hour increase of 4%. The market is highly volatile, please manage your risks accordingly.
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BTC breaks through $94,000
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the market shows BTC falling below $92,000, currently at $91,976.01, with a 24-hour increase of 1.99%. The market is highly volatile, please manage your risks accordingly. -
Securitize appoints former PayPal executive as general counsel in preparation for SPAC listing.
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Standard Chartered Bank lowers its 2025 Bitcoin price forecast to $100,000.
Standard Chartered Bank stated in a report on Tuesday that it has halved its Bitcoin price forecast for 2025 to $100,000. At the same time, the bank postponed its long-term target of $500,000 to 2030, originally set for 2028. The bank's analyst Geoffrey Kendrick pointed out that this downgrade is due to a reassessment of demand expectations, including the end of aggressive corporate purchases by entities such as MicroStrategy, and slower-than-expected institutional adoption through ETFs. Kendrick said that future Bitcoin price increases will be "driven only by ETF purchases." Currently, quarterly Bitcoin ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of the US spot Bitcoin ETF. In contrast, the quarterly purchases of ETFs and digital asset treasuries in Q4 2024 amount to 450,000 BTC.
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