Standard Chartered Advises Against Buying Crypto Dip, Shiba Inu Partners with UAE Government And More: This Week In Crypto
Posted On February 9, 2025
The past week in the world of finance was marked by significant developments in the cryptocurrency sector. From warnings against buying the dip in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP), to Shiba Inu’s surprising partnership with the UAE government, the week was anything but dull. Here’s a quick recap of the top stories.
Standard Chartered Advises Against Buying Crypto Dip
Standard Chartered‘s Head of Digital Assets Research, Geoffrey Kendrick, cautioned investors against buying the dip in cryptocurrencies until U.S. Treasury yields come lower. Kendrick noted that the current sell-off differs significantly from the previous one, attributing the downturn to newly imposed U.S. tariffs on Canada and …
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