Latest Crypto News of the Day 🌐
1️⃣ Standard Chartered Advocates Buying Bitcoin Below $90,000
Standard Chartered's Geoffrey Kendrick recommends considering Bitcoin as a buying opportunity below $90,000, while maintaining a bullish $200,000 price target by 2025. The bank predicts increased institutional investments under a favorable US administration. 📈
2️⃣ Solana Leads Q4 Revenue with $751 Million
Solana's applications generated a record-breaking $751 million in Q4 2024 revenue, outpacing Ethereum's $314 million, per DeFiLlama. These figures exclude Circle and Tether, with plans to allocate cross-chain revenues based on circulating supplies. 💸
3️⃣ Significant BTC Options Trade on Deribit
A major BTC options trade on Deribit saw a trader pay $1.858 million in premiums, buying an $8,000 year-end put and selling an $18,000 year-end call option, covering 1,250 BTC.https://x.com/sahi999jeevan/status/1879358867349639527 0 reply
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