Bitcoin may drop 10% if $90K support level fails

January 15, 2025

Catenaa, Wednesday, January 15, 2025-Standard Chartered’s Geoff Kendrick warned Tuesday that bitcoin could face a 10% retracement to the low $80,000s if its $90,000 support level is breached. The prediction comes amid macroeconomic pressure and the potential unwinding of spot exchange-traded funds (ETFs).  In a research note, Kendrick highlighted “convexity risks” as critical, suggesting ETF […]

Standard Chartered Gains EU Crypto Custody License

January 10, 2025

Catenaa, Friday, January 2025 – Banking giant Standard Chartered has received a license to offer cryptocurrency custody services in the European Union, establishing a new entity in Luxembourg as its regulatory gateway under the Markets in Crypto Assets (MiCA) regulation.  MiCA, which came into full effect on Dec. 30, provides a uniform regulatory framework for […]