Geoff Kendrick, the global head of digital assets research at Standard Chartered, believes that Bitcoin could potentially hit $200,000 by the end of 2025, regardless of who wins the upcoming U.S. presidential election in 2024. Kendrick’s bullish prediction stems from several key factors that he believes will fuel Bitcoin’s price growth. According to Kendrick, the […]
Bitcoin has outperformed nearly all asset classes over the past year, though recent market dips have left some investors uneasy, according to a report from asset manager VanEck on September 19. As of September 2023, Bitcoin’s spot prices have surged by around 124%, with Bitcoin also gaining dominance among cryptocurrencies. According to VanEck, Bitcoin’s market […]
The U.S. Securities and Exchange Commission (SEC) has granted approval for Nasdaq to list and trade options tied to BlackRock’s spot Bitcoin ETF. On September 20, the SEC issued a notice allowing options trading for the iShares Bitcoin Trust under the symbol IBIT on Nasdaq. The exchange confirmed that options trading for the Bitcoin ETF […]