Results for: Standard Chartered

Standard Chartered analysts have postponed their previous prediction of Ethereum exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) from May to an unspecified date. The delay is expected to impact the price of Ethereum, with analysts now forecasting a price of $150,000 for Bitcoin and $10,000 for Ethereum by the end of the year.

Standard Chartered’s Geoff Kendrick reiterates a price target of $150,000 for Bitcoin by 2024, despite a recent 11% slide. The analyst cites anticipated investor inflows and the post-halving price surge trend. Despite concerns raised by some experts, other analysts remain bullish on Bitcoin’s future prospects.