Cryptocurrency News Today TheBitTimes.com

According to global financial institution Standard Chartered, Bitcoin (BTC) is on its way to a new all-time high. The bank anticipates BTC to climb to a new peak of $135,000 in the third quarter of this year. The bank further anticipates BTC to hit $200,000 by the end of 2025. Why Is Standard Chartered Bullish On Bitcoin? Source: Watcher.Guru According to the report shared with CoinTelegraph, increased corporate buying and large BTC ETF inflows are two primary reasons behind the bank’s bullish outlook. BTC ETFs have seen consistent inflows since June 6. The inflows did not stop even during volatile times, such as during the Israel-Iran conflict escalation. The first instance of outflows came on Tuesday, July 2. Also Read: Stock Exchange-Listed Firms Bought $26.2 Billion Bitcoin in 2025 Despite the bullish prediction, the bank does expect some volatility later this year. BTC could see a price dip in September or October 2025. According to Standard Chartered’s digital asset re...

Summary: ⚈ Standard Chartered predicts BNB will reach $1,275 in 2025, $2,775 by 2028 ⚈ Forecast based on BNB’s correlation with BTC and utility in Binance ecosystem ⚈ Adoption boost expected from upgrades, ETF filings, and potential state reserves Since initiating its coverage of the cryptocurrency markets in 2021, Standard Chartered has been responsible for multiple exceptionally bullish price forecasts. In its latest note, the bank estimated Binance’s BNB will reach $1,275 by the end of 2025 and a staggering $2,775 in 2028. Geoffrey Kendrick, the bank’s head of crypto research, issued an optimistic prediction that is based on the estimate that the Binance Coin remains an important benchmark for digital assets and has historically maintained a strong correlation with Bitcoin (BTC) and Ethereum (ETH). Between the established correlation and overall strength, Standard Chartered’s forecast can be viewed through the lens of its earlier BTC price prediction. As ...

With the asset class growing in prominence throughout the year, traditional finance entities like Deutsche Bank and Standard Chartered are looking into expanding their US crypto operations. Indeed, both are exploring the potential growth of their offerings, according to sources. The US crypto market has gotten a major boost from the presence of increased favorable regulatory shifts in the country. The arrival of President Donald Trump has brought about the arrival of the first pro-crypto administration in United States history. Therefore, a slew of entities are actively exploring how to capitalize on that growth. JUST IN: Deutsche Bank and Standard Chartered Bank seek to expand crypto operations in the United States. — Watcher.Guru (@WatcherGuru) April 21, 2025 Also Read: Standard Chartered: Bitcoin Still has $500k Target for Trump’s 2nd Term Standard Chartered & Deutsche Bank Seeking Key Role in US Crypto Market The first several months of the year have been difficult for the US s...

Rising tensions in the Middle East may push Bitcoin below $60K before this weekend, presenting a buying opportunity for investors due to Donald Trump’s rising chances of winning the US election, Standard Chartered said. “Risk concerns related to the Middle East seem destined to push bitcoin below $60,000 before the weekend,” said Geoff Kendrick, Standard Chartered’s global head of digital assets research, in a research note. He added that $80,000 call options and the “circularity vis-à-vis Trump probabilities” suggest this dip “should be bought into.” Middle East Conflict Might Boost Bitcoin’s Post-Election Outlook Kendrick noted that Trump’s Polymarket odds of winning the election have risen by 1%, while his political rival and Vice President Kamala Harris has seen her chances drop by an equal amount on the decentralized betting platform. Bettors now put the odds of a Harris victory at 49%, while Trump’s ch...