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Standard Chartered Raises Its BTC and ETH Forecasts, Bitcoin Can Reach $250K in 2025

CoinspeakerStandard Chartered Raises Its BTC and ETH Forecasts, Bitcoin Can Reach $250K in 2025 Looking ahead to 2025, Standard Chartered predicted that the ETH-BTC price ratio will return to levels seen in 2021-2022, potentially reaching 7%. Standard Chartered Raises Its BTC and ETH Forecasts, Bitcoin Can Reach $250K in 2025

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Matrixport Report: Bitcoin Price to Hit $125,000 by End of 2024 

According to Matrixport, Bitcoin would rise close to its current all-time high by April, and hit $125K by end of 2024. Matrixport’s latest report predicts that the price of Bitcoin (BTC) will hit $125,000 by the end of 2024. The firm’s analysis hinges on a combination of historical data and market trends. These factors indicate the potential for a surge in price for the world’s leading cryptocurrency. Backed by insights into Bitcoin’s fifth bull market, Matrixport’s prediction adds to many...

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Standard Chartered Bank Maintains Bullish Stance, Predicts Bitcoin Could Reach $120K by 2024

Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry. Standard Chartered Bank is doubling down on its Bitcoin (BTC) predictions, suggesting that the leading crypto asset has the potential to soar to $120,000 by the end of 2024. After months of predicting that the crypto asset could reach $100,000 by the end of this year and $120,000 in 2024, the company’s analyst,...

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Bitcoin’s Meteoric Rise: Analyst Forecasts BTC Could Soar to $45K in November

According to the analyst, November will pave the way for a plausible BTC surge above the $45,000 mark. As Bitcoin (BTC) continues its bullish trajectory over the week, the cryptocurrency market is abuzz with speculation about its next milestone. According to a comprehensive analysis by prominent financial analyst CryptoCon, Bitcoin is poised to hit a significant threshold of $45,000 in November, leveraging insights from previous market cycles. CryptoCon shared these insights in a series of...

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Standard Chartered Shares Plunge 17% as China Bet Takes Hit

Despite the recent setbacks, Standard Chartered had been on an upward trajectory before the China-related issues came to the forefront. Shares of UK-based banking giant Standard Chartered Plc (LON: STAN) plummeted by as much as 17% during early trading, leading to a temporary halt in trade, and by 11:15 a.m. London time, the stock remained approximately 10% lower. At the time of writing, the stock is pegged at GBX 643.60. The turmoil in the markets reflected the concerns of investors, who...

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Deutsche Bank and Standard Chartered Begin Testing UDPN

As blockchain technology continues to mature, Deutsche Bank and Standard Chartered’s initiative offers a promising vision of the financial world’s future. German banking giant Deutsche Bank (ETR: DBK) and Standard Chartered’s SC Ventures have begun testing the UDPN, a system that promises to ensure seamless communication and interoperability between various digital assets, stablecoins, and Central Bank Digital Currencies (CBDCs). Deutsche Bank and Standard Chartered Now Testing the Waters...

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Standard Chartered’s SC Ventures and Deutsche Bank Make History with UDPN

To demonstrate the potential of UDPN, Standard Chartered’s SC Ventures and Deutsche Bank conducted a trial. Standard Chartered’s SC Ventures and Deutsche Bank have achieved a significant milestone by completing the first Proof of Concept (PoC) for the Universal Digital Payments Network (UDPN). This groundbreaking initiative aims to revolutionize the way digital payments are conducted by connecting payments across various Central Bank Digital Currency (CBDC) and blockchain networks, using a...

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Top Bitcoin (BTC) Price Forecasts for 2024

While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution. Bitcoin (BTC), the world’s largest cryptocurrency, has been on a bullish but rollercoaster ride since its inception in 2009. Over the years, it has gained popularity as both a cryptocurrency and a fast-growing investment asset. As we approach 2024, the crypto market is bound to continue evolving, and Bitcoin is...

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Standard Chartered’s Zodia Custody Begins Offering Yield on Crypto Holdings

Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services. Zodia Custody, a leading crypto custody platform owned by banking giant Standard Chartered, will start providing yield on crypto holdings owned by its institutional clients. To bring this to fruition, Zodia Custody has partnered with OpenEden, a Singapore-based startup that brings real-world assets to the blockchain. Zodia Custody will use this partnership to connect...

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