By Marco Piccolo Standard Chartered Bank is doubling down on its bold forecast that Bitcoin will reach a price of $500,000 by 2029, citing a surge in indirect government exposure to the asset through institutional investment vehicles. The British multinational bank believes that growing sovereign interest in Bitcoin proxies, especially Strategy (MSTR) shares, supports its […]
Tag: CIO
By Marco Piccolo Arthur Hayes, CIO of crypto investment firm Maelstrom and co-founder of BitMEX, has made a bold prediction: Bitcoin will reach a price of $1 million by 2028. Hayes argues that deteriorating confidence in US Treasury securities and broader geopolitical instability will propel Bitcoin to unprecedented heights. Trade Crypto on Kraken Why Arthur […]
By Marco Piccolo Two publicly traded companies, DeFi Development Corp and Sol Strategies, have made significant moves to deepen their involvement in the Solana ecosystem, acquiring a combined total of over $29 million worth of SOL tokens in recent days. These strategic purchases mark a continued trend of institutional alignment with blockchain infrastructure, particularly the […]