Justin Sun2026-08-28 17:07:31Justin Sun: Bitcoin's Rise From Social Experiment to Global Macro Asset Inspired TRONJustin Sun said Bitcoin's transformation from a social experiment in 2012 into a global macro asset inspired him to build TRON, a public chain supporting decentralized applications. The remarks reflect his strategy of pushing blockchain from experimental technology toward mainstream financial infrastructure, according to Cointelegraph.1130
Bitcoin2026-07-03 23:30:14Standard Chartered Analyst Says Bitcoin’s $120K Target May Be Too Low as Capital Flows Reshape the RallyGeoffrey Kendrick, Head of Digital Assets at Standard Chartered, has revised the tone of his bitcoin outlook in a more bullish direction, arguing that his earlier projection of $120,000 for Q2 2025 may now be too conservative. The change comes as bitcoin trades close to the $100,000 level, with a reported daily gain of more than 3% to $99,293.54, suggesting that price appreciation is happening faster than he previously expected. Kendrick argues that the dominant narrative around bitcoin has shifted multiple times: first, it was viewed largely as a risk asset moving alongside broader speculative markets; then it became a vehicle for strategic reallocation away from U.S. assets; now, in his view, the market is being driven primarily by capital flows. He specifically highlighted $5.3 billion in inflows into U.S. spot bitcoin ETFs over the past three weeks as evidence of accelerating institutional demand. To support this revised stance, Kendrick pointed to major examples including Strategy increasing its bitcoin purchases, the Abu Dhabi sovereign wealth fund holding BlackRock’s spot Bitcoin ETF IBIT, and reports that the Swiss National Bank holds shares of MSTR, often treated by markets as a leveraged bitcoin proxy. Taken together, these developments strengthen the case that bitcoin is evolving from a volatile speculative asset into a macro asset with a growing role in global portfolios. Under that framework, Kendrick’s prior $120,000 target may become only an intermediate milestone, while his year-end forecast of $200,000 remains in focus.710
Standard Char2026-07-02 14:00:14Standard Chartered Analyst Apologizes: $120K Bitcoin Prediction May Be Too Low; Year-End Target $200KGeoffrey Kendrick, Standard Chartered's Head of Digital Assets, has apologized to clients, saying his earlier forecast of Bitcoin reaching $120,000 in Q2 2025 may be too conservative. Bitcoin's rally has accelerated faster than expected, now hovering near $100,000. Kendrick highlights a shift in narrative: bitcoin is no longer just correlated with risk assets or a tool for asset reallocation—it is now driven by massive inflows. U.S. spot Bitcoin ETFs have seen $5.3 billion in net inflows over the past three weeks. Institutional examples include Strategy's continued purchases, Abu Dhabi's sovereign wealth fund holding BlackRock's IBIT, and the Swiss National Bank reportedly holding MSTR shares. Kendrick believes Bitcoin's role has transformed from a risky tech stock proxy to a global macro asset. He maintains his year-end target of $200,000, viewing $120,000 as a milestone rather than a peak.800
Bitcoin2026-07-02 13:45:14Standard Chartered Analyst Apologizes: $120K Bitcoin Target Too Conservative, Institutional Inflows Could Drive to $200KGeoffrey Kendrick, Head of Digital Assets at Standard Chartered, has apologized to clients, stating that his previous forecast of $120,000 for Bitcoin by Q2 2025 may be too low. With Bitcoin approaching $100,000, U.S. spot ETFs saw $5.3 billion in inflows over three weeks, while institutional giants like Strategy, Abu Dhabi sovereign wealth fund, and the Swiss National Bank are accumulating. Kendrick maintains his year-end target of $200,000, arguing that the new narrative could push prices well beyond $120,000.680
Bitcoin2026-07-01 08:31:19Bitcoin Capital Efficiency Plummets: Next Bull Run Needs Trillions, Says CryptoQuant CEOThe CEO of CryptoQuant highlights a sharp decline in Bitcoin's capital efficiency—only $5 million was needed to double price in 2011, whereas today roughly $101 billion is required. The next parabolic cycle may demand trillions in net inflows, pushing Bitcoin to evolve from retail-driven ETF trading into a core macro asset. With gold's market cap at $27 trillion, the growth runway remains vast.1470
Bitcoin2026-07-01 08:01:20Bitcoin Capital Efficiency Plunges: Next Bull Run Needs Trillions, Says CryptoQuant CEOThe CEO of CryptoQuant highlights a dramatic decline in Bitcoin's capital efficiency: only $5 million in net inflows doubled the price in 2011, whereas ~$101 billion is needed now. The next parabolic bull run may require trillions of dollars, pushing Bitcoin to evolve from a retail-driven ETF asset into a core macro asset. If realized market cap exceeds $1 trillion, a new bull cycle is still possible, with gold's $27 trillion market cap leaving enormous room for growth.1550
