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Standard Chartered Bank Predicts Bitcoin Price May Hit $100K by Year End

Bitcoin has the potential to reach $100,000 by year-end, driven by a number of factors, including the recent banking-sector crisis, according to a research report by Standard Chartered Bank. Wave Digital Assets CEO David Siemer reacts to this prediction, adding, "it would take a buying frenzy."

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PV01 CEO: 'End Game' Is Digital Corporate Bonds

PV01, a startup launched last month, uses blockchain to target long-standing issues in debt capital markets. "With all the infrastructure that we have with the blockchain, it makes no sense that at this stage, we don't have something that we can call a digital bond," said PV01 CEO Max Boonen. Plus, Boonen discusses his "end game" for issuing corporate bonds.

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Bitcoin Falls Below $29K; Ether Slips Below $2K

Bitcoin (BTC) fell further on Thursday, touching a 10-day low. Bitcoin "was starting to exhaust itself," Options Insights founder Imran Lakha said, adding that it's "passing the baton on to Ethereum."

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​​SEC Chair Gary Gensler Dodges Answering Question: ‘Is Ether a Security?’

U.S. Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing. Linklaters U.S. head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in, saying, "the fact he did equivocate on the answer is a positive for the industry." Howard Fischer, Moses Singer partner and former SEC senior trial counsel, added that this "may reflect the internal processes at the SEC."

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Blockchain Analytics Show Movement Toward Layer 2s: Arkham

During CoinDesk's "Projects to Watch 2023" week, Arkham founder and CEO Miguel Morel discusses the importance of on-chain analytics for the transparency of the crypto space. Morel also weighs in on why a lot of on-chain activities are beginning to move toward layer 2s.

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SEC Commissioner Peirce on DeFi Regulation Outlook

The U.S. Securities and Exchange Commission (SEC) is moving toward DeFi oversight as it reopens proposed regulations. SEC Commissioner Hester Peirce, who called this move a "consequential moment," shares her outlook on the future of decentralized finance.

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Ether Holds Above $2K After Hitting 11-Month High

Ether is holding above $2,000 after it reached an 11-month high on Sunday of $2,141.  The cryptocurrency’s upward movement comes after the Ethereum blockchain's Shanghai software upgrade last week. K33 Senior Analyst Vetle Lunde weighs in and shares insights that shows signs of institutional interest in ether derivatives.

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Lamina1 CEO on Mainstream Adoption of the Metaverse

Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” During CoinDesk's "Projects To Watch" week, Lamina1 CEO Rebecca Barkin discusses mainstream adoption of the metaverse, noting it will rely on a "cultural movement."

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Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated

So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.

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Ether Options Trading Volume Outshines Bitcoin After Shanghai Upgrade

Ether (ETH) continues to outperform bitcoin (BTC) following the Ethereum network’s "Shapella" upgrade. The options market tied to ether has seen more activity than bitcoin in the past 24 hours, the first instance of 2023. "Bitcoin's going to be the boring old grandpa right now in the room," Dexterity Capital managing partner Michael Safai said. Plus, Safai reacts to ether's latest price rally after topping $2,100.

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