🌙 Bitcoin's Going To $200K

This bank maintains tariffs and a recession can't derail Bitcoin's moon mission.

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Gm and Happy Wednesday!

Bitcoin will still hit $200,000 this year, despite recession fears and Trump tariffs, according to Standard Chartered. Here’s what makes them so sure.

Bitwise has launched an ETF tracking all firms with over 1,000 BTC on their balance sheet. Here’s how it works.

TOP STORY

Standard Chartered remains unfazed by near-term volatility driven by Donald Trump administration tariff uncertainties and recession concerns, arguing that these factors strengthen the bullish outlook for Bitcoin.

"My longer term thesis remains undaunted by this near term noise/frustration. In fact given all this noise increases Fed rate cut chances I am more emboldened in my longer term view,” lead analyst Geoff Kendrick concluded.

What makes him so sure about that?

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QUICK N DIRTY

XRP is up 3% today as institutional interest in the altcoin continues to grow. How high can it go?

Vladimir Putin famously said ‘nobody can ban Bitcoin,’ and now the Bank of Russia is looking into allowing crypto purchases — coincidence?

Michael Saylor has thought of a Bitcoin ‘superpower strategy’ that could bring the U.S. more than $100 trillion. How does it work?

FINTECH FOCUS

Bitwise’s newly-launched ETF tracks the Bitwise Bitcoin Standard Corporations Index, spotlighting over 70 publicly traded firms that have embraced Bitcoin as a treasury asset.

"According to the Federal Reserve, companies are sitting on $5 trillion in low-yielding cash today, and many are recognizing Bitcoin's value as a strategic reserve asset," Bitwise stated in their X post.

What firms are in the ETF, and what are its prospects?

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