Bitcoin To Hit $500,000 By 2028, Standard Chartered Says, As ETFs Buy $667M On Monday

Bitcoin To Hit $500,000 By 2028, Standard Chartered Says, As ETFs Buy $667M On Monday

U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds recorded $667.44 million in net inflows on May 19, marking the fourth consecutive day of positive momentum.

$10.4B Bitcoin Firm Unchained Announces First Regulated Bitcoin-Native Trust Company

Today, the State of Wyoming has officially chartered Gannett Trust Company, the first bitcoin-native trust company in the United States, according to a press release sent to Bitcoin Magazine. Backed by Unchained, a leader in bitcoin financial services, Gannett Trust is purpose-built to serve individuals, family offices, and businesses integrating bitcoin into estate and inheritance plans, investment portfolios, trusts, and treasury strategies. T…

Standard Chartered Bitcoin Prediction Sees $500K by 2029

Standard Chartered is holding firm on its bold Bitcoin forecast: $500,000 per coin by the end of this decade. The Standard Chartered Bitcoin prediction is not just a headline grabber, it’s backed by trends in ETFs, equities, and sovereign funds. It might sound far-fetched at first glance, but the bank says there’s a growing reason to take that target seriously, governments, whether directly or not, are starting to get exposure to Bitcoin. And th…

Bitcoin on Track to Hit $500K as Government Entities Increase MSTR Holdings: Standard Chartered - WorldNL Magazine

In brief Bitcoin's price will reach $500,000 over the next three-and-a-half years, Standard Chartered analyst Geoff Kendrick writes. In the first quarter, 12 government entities increased their exposure to Strategy. Strategy holds 576,000 Bitcoin. Bitcoin’s price remains on track to hit half a million dollars before Donald Trump's current term ends after government entities increased their indirect exposure to Bitcoin in the first quarter, accor…

Standard Chartered Doubles Down on $500K Bitcoin Price Prediction: Here's Why

Standard Chartered Bank is doubling down on its bold forecast that Bitcoin will reach a price of $500,000 by 2029, citing a surge in indirect government exposure to the asset through institutional investment vehicles. The British multinational bank believes that growing sovereign interest in Bitcoin proxies, especially Strategy (MSTR) shares, supports its long-term bullish thesis. Trade Crypto on Kraken Institutional shift toward Bitcoin proxie…

Standard Chartered Says Increased Government Stake in Strategy Backs Its Bitcoin to $500K Call By 2028

Standard Chartered’s head of digital assets, Geoffrey Kendrick, says recent SEC 13F filings indicate that Bitcoin is on track to hit $500,000 by 2028.