Geoff Kendrick, head of digital asset research at Standard Chartered, recently warned about a possible correction of the Bitcoin price toward 50.000 dollars before a definitive recovery. The analyst suggests that current macroeconomic conditions and weakness in ETF flows will force a final capitulation during the coming months of this year.
Author: olivia
olivia
Olivia reports on regulation, compliance, and policy developments shaping the crypto industry. Her coverage examines how legal and regulatory decisions influence market structure, project development, and industry behavior.She also follows Web3 initiatives and altcoin markets when regulatory changes are a key factor.
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The value of ADA has recorded an increase of nearly 3% recently, hovering around $0.26 while the general crypto market remains mostly stagnant. Through an emerging technical bounce structure, there is speculation about a potential Cardano price reversal, although on-chain and derivatives data suggest that this movement lacks the necessary institutional backing.
OKX Ventures, the investment arm of the renowned exchange, announced this Thursday its support for an innovative stablecoin focused on real-world asset tokenization (RWA). In collaboration with Securitize and Hamilton Lane, the project seeks to integrate institutional private credit yield into the X Layer network, marking a significant step toward the convergence of traditional financial markets and modern digital infrastructure.
The digital asset exchange giant, Binance, has successfully concluded its ambitious 30-day plan to transform the Secure Asset Fund for Users (SAFU) into a long-term Bitcoin strategic reserve. After acquiring a final tranche of 4,545 BTC, the platform has reached a total holding of 15,000 units, which are valued at approximately $1 billion at the time of the operation.
Deel announced a partnership with MoonPay to offer employers the option to pay salaries using dollar-pegged stablecoins. This will be implemented within the UK and the European Union, targeting more than 40,000 businesses.
Aviva Investors announced a strategic partnership with Ripple to begin tokenizing funds on the XRP Ledger. The company will also seek to simplify fund operations and operate within a regulated European framework.
The US jobs report showed unexpected data, hitting the Bitcoin market hard and triggering a further price decline. BTC is stuck at the $66,000 level, awaiting a broader rally.
PIPPIN has shown a strong recovery, reaching a 159% increase and entering the top 100 cryptocurrencies due to high activity in derivatives markets and on-chain trading. This surge has generated significant token inflows on exchanges and a record level of open interest.
Bitcoin remained below $70,000 ahead of the US January jobs report, a figure that could either help the stablecoin rebound or negatively impact its performance and push it below the $70,000 level.
Bitget has reduced fees on perpetual contracts for US stocks and precious metals to 0%. The promotion will run until April 30th, aiming to increase liquidity and user adoption.
