Standard Chartered: Bitcoin's year-end target of $100,000 may be too low, with its recovery likely to accelerate after October 6.
2026.08.23 09:27:36
Standard Chartered Global Head of Digital Assets Research Geoff Kendrick stated that Bitcoin could approach its all-time high of $126,000 by the end of the year, with the related recovery likely to accelerate after October 6. "For the first time this year, there’s a risk that my end-of-year forecast of $100,000 might be too low," he said. Kendrick noted that the recent rally is mainly driven by short squeezes, while inflows into Bitcoin spot ETFs have also started to recover. Current open interest is low, which may leave room for more investors to re-enter the market amid rising prices. In February this year, Kendrick cut Standard Charter’s year-end Bitcoin target from $150,000 to $100,000, and lowered Ethereum’s target from $7,500 to $4,000. At that time, he had projected Bitcoin would fall to around $50,000 and Ethereum to roughly $1,400 before rebounding over the rest of the year.
IMF Deputy Managing Director Li Bo is set to step down, having played a pioneering role in stablecoin regulation.
4 minutes ago
JPMorgan Chase cuts Intel's price target to $80
4 minutes ago
7 on-chain whales bought the dip on BNB, with a total transaction value of $12.08 million.
4 minutes ago
Crypto whale '58bro.eth' sold 8,000 ETH in the past hour and has withdrawn 10.5 million USDT to repay loans.
4 minutes ago
Japanese and South Korean stock markets closed lower. South Korea’s KOSPI index fell 3.5%, while SK Hynix dropped around 7%.
4 minutes ago
Shortly after OpenAI announced it would double its usage quota, it was revealed that ChatGPT and Codex will share the same quota in December.
4 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

