Bitcoin is showing growth dynamics that could lead to a new all-time high even before the US presidential election. This forecast was given by Jeff Kendrick, an analyst at the British bank Standard Chartered, based on the decline in US government bond yields, renewed interest in bitcoin exchange-traded funds (ETFs), and the growing chances of former President Donald Trump to win the upcoming election.
On March 13, the bitcoin rate reached a record high of $73.8 thousand. This year, analysts at Standard Chartered have repeatedly published forecasts for the movement of the bitcoin rate. In April, they allowed the BTC price to rise to $150 thousand by the end of this year and to $200 thousand by the end of 2025. For Ethereum, their forecast is $8 thousand and $14 thousand, respectively.
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How do you like the update, something interesting???
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The registry of Russian miners should not be publicly available, said Anton Gorelkin, deputy chairman of the State Duma Committee on Information Policy. The fact is that some miners have already been sanctioned “for their activities in the technology sector,” and the appearance of a full list of Russian mining companies in the public space could seriously worsen this situation.
President Vladimir Putin signed a law that legalizes cryptocurrency mining in Russia. The law on regulating the circulation of cryptocurrencies and mining in Russia was adopted by State Duma deputies on July 30. At the same time, a law on experimental settlements in cryptocurrency in foreign trade transactions was adopted.
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Sun.io, a decentralized project linked to Justin Sun's Tron ecosystem base, has launched the SunPump platform, which allows users to create memecoins on the Tron platform, CoinDesk writes.
The TRON blockchain is a decentralized entertainment content ecosystem launched in 2017 by Chinese owner Justin Sun. According to TRONSCAN, the total amount of transfers in the TRON network has exceeded $13 trillion, and the number of accounts is 215 million.
On the network, Tron developers create entertainment applications (dApps) and directly provide them to users, bypassing intermediaries. Following other crypto projects that have installed memecoins, the Tron ecosystem has begun to actively support this token mode.
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Bitcoin is showing growth dynamics that could lead to a new all-time high even before the US presidential election. This forecast was given by Jeff Kendrick, an analyst at the British bank Standard Chartered, based on the decline in US government bond yields, renewed interest in bitcoin exchange-traded funds (ETFs), and the growing chances of former President Donald Trump to win the upcoming election.
On March 13, the bitcoin rate reached a record high of $73.8 thousand. This year, analysts at Standard Chartered have repeatedly published forecasts for the movement of the bitcoin rate. In April, they allowed the BTC price to rise to $150 thousand by the end of this year and to $200 thousand by the end of 2025. For Ethereum, their forecast is $8 thousand and $14 thousand, respectively.