Standard Chartered Softens Bitcoin Outlook as Momentum Slows
TL;DR Standard Chartered lowers its near-term Bitcoin forecast; 2026 target now $150,000 and long-term $500,000 delayed to 2030. The revision reflects reduced demand from corporate treasuries and a reliance on ETF inflows going forward.
The Daily: Standard Chartered slashes 2025 bitcoin target, PNC rolls out direct BTC trading for high-net-worth clients, and more
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin Technical Indicator Sparks Buy Call at $90K Level
The Bitcoin Hash Ribbons is signaling a buy as BTC hovers near $90,000. The indicator has historically proven reliable in spotting bottoms, reflecting miner pressure and forced-selling phases that create long-term accumulation opportunities. Miners have accelerated their sales since October, reducing around 5,000 Bitcoins from known reserves, which remain near 1.8 million.
Bitcoin Treasuries Surpass 4M Coins as U.S. Bank CEOs Brace for High-Stakes Crypto Talks
Bitcoin treasuries have now surpassed 4 million coins, a major milestone as top U.S. bank CEOs prepare to meet senators on Dec. 11 to discuss the future of crypto market structure and regulation.
Crypto Rally Stalls Near $94K Bitcoin as Bond Turmoil Spurs Risk-Off Ahead of Fed
Crypto has begun December with a rally driven by large Bitcoin purchases and the Fusaka upgrade before fading, as Gracy Chen and Laser Digital point to rising bond yields, expectations for a Fed rate cut, BOJ risks and options pricing that has flagged choppy trading into year-end.
Bitcoin's new “self-bribe” code lets you build sobriety wallets that pay your enemies if you break a promise
When the ball drops this New Year's Eve, you could look to Bitcoin to help you keep your New Year's resolutions. Bitcoin can enforce promises with code and collateral.
Bitcoin Treasury Company Twenty One Drops 25% in NYSE Debut, Trades Near PIPE Pricing of $10
The company is led by Strike CEO Jack Mallers and began trading under the XXI ticker today following its SPAC merger with Cantor Equity Partners.
XRP ETFs add over $170 million with zero outflows in a week
United States spot XRP exchange-traded funds (ETFs) have recorded one of their strongest weekly performances since launching, accumulating more than $170 million in net inflows with no registered outflows across the major issuers.
ETH Sees Highest Exchange Inflow to Binance in Two Years
TL;DR Binance recorded the inflow of more than 162,000 ETH, reshaping the immediate supply and marking a shift in the balance between spot and derivatives. The exchange raised its reserves to 3.88M ETH and received whale deposits aimed at fast execution during rallies, leveraged positioning, and aggressive order-book adjustments. Open interest climbed above $17.
Ethereum Or Solana? The Real Winner Is One You're Ignoring, Bitwise's Matt Hougan Says
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, said in a Monday note that long-term investors should focus on the broader cryptocurrency market rather than choosing between chains like Ethereum (CRYPTO: ETH) or Solana (CRYPTO: SOL). Hougan Says No One Can Predict Which Chain Wins Hougan said he remains skeptical of claims that any single network — Ethereum, Solana or Bitcoin (CRYPTO: BTC) — will dominate the future of blockchain adoption.
Bitcoin suddenly hit with risk of crashing to $70,000
As Bitcoin (BTC) stabilizes around the $90,000 mark, technical indicators suggest the asset is likely to see a correction toward the $70,000 area.
SOL Price: Why Solana Could Explode as Bitcoin Builds Toward a Major Breakout
The SOL price could explode in December, many are upvoting this as Bitcoin and SOL price regains strength ahead of the December 10 FOMC meeting in sync.
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