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: MSTR
By Marco Piccolo Business intelligence firm Strategy has further solidified its position as the largest corporate holder of Bitcoin with a substantial purchase of 1,895 BTC, valued at approximately $180.3 million. This move, disclosed in a Monday filing with the U.S. Securities and Exchange Commission (SEC), underscores the firm’s continued aggressive accumulation strategy. Trade Crypto […]
By Marco Piccolo Bitcoin has smashed through the $90,000 barrier for the first time since early March, reigniting bullish fervor in the cryptocurrency market. The flagship digital asset is now up more than 3.5% on the day, demonstrating renewed strength thanks to a combination of fundamental, institutional, and technical catalysts. Institutional buying adds fuel to […]