Standard Chartered: Trump being elected could be good for Bitcoin

2024-5-8 20:47

A Standard Chartered report warns that the growing risk of U.S. fiscal dominance due to the Federal Reserve's potential debt monetization could drive investors to cryptocurrencies.

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Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year

International bank Standard Chartered predicted that Bitcoin’s (BTC) price could end the year as high as $50,000 and reach $120,000 by next year, according to a July 10 Reuters report. Standard’s Chartered prediction is congruent with Matrixport, a crypto financial services platform that predicted BTC’s price to reach $125,000 by 2024 in a report shared […] The post Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year appeared first on CryptoSlate.

2023-7-10 16:50


McKinsey estimates generative AI could add $4.4 trillion to global economy annually

The rapid development and wide range of capabilities of generative AI will usher in a new era of productivity, transforming various business sectors, according to a recent McKinsey report. Whereas standard AI has typically focused on detecting patterns, making decisions, and data analysis, generative AI refers to programs that create content, including text, audio, code, […] The post McKinsey estimates generative AI could add $4.

2023-6-20 14:54


Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues.

2023-5-13 21:30