Bitcoin gained around 155% over the last year and is up 6% since the start of 2024, according to data from Messari. Standard Chartered said that following an approval, bitcoin could witness similar gains to what gold did, but over a shorter time period (one to two years). “Our view is the BTC ETF market will develop more quickly,” said the report.
DePIN’s Solution to AI’s Biggest Blind Spot
Decentralized machine perception, managed by tokens and cryptographically secure, could offer a privacy and effectiveness upgrade over centralized systems, says...