Standard Chartered strategist walks back $120K Bitcoin call, admits target might be ‘too low’
Geoffrey Kendrick pointed to several factors driving the bullish momentum. As of Thursday, Bitcoin was trading just shy of the $100,000 mark. Software company MicroStrategy has ramped up its Bitcoin…
Binance admits “error” in mixing token reserves and user funds
Binance is allegedly working to fix the “error”. The crypto exchange released a proof of collateral report for all 94 Binance-pegged tokens, or B-Tokens. Data suggested the Binance wallet holding…
Even Cathie Wood admits institutional adoption of crypto will fall off
Key Takeaways Cathie Wood says that institutions may take step back from crypto She believes that they will allocate more to Bitcoin and Ether once they take time to study…