economyfinance

Standard Chartered Predicts Bitcoin Could Stay Above $100,000 Amid Positive Developments

TLDR Standard Chartered believes Bitcoin may never drop below $100,000 again. Improved U. S.-China trade talks have lifted Bitcoin’s price potential. Bitcoin’s gold ratio and ETF inflows signal positive market sentiment. A rate cut by the Fed could help Bitcoin maintain its value above $100K. Standard Chartered Bank has suggested that Bitcoin might not fall below [.] The post Standard Chartered Predicts Bitcoin Could Stay Above $100,000 Amid Positive Developments appeared first on CoinCentral.

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Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed

TLDR Florida lawmaker Webster Barnaby filed HB 183, allowing the state to invest up to 10% of public funds in digital assets including Bitcoin, crypto ETFs, NFTs, and blockchain products The new bill expands beyond the Bitcoin-only focus of the failed HB 487 from June 2024 and adds stricter custody, documentation, and fiduciary standards If [.] The post Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed appeared first on CoinCentral.

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