Multinational bank Standard Chartered may be working to launch a Bitcoin and Ether trading desk. If launched, this would make the bank one of the first global banking institutions to get into spot crypto trading. Standard Chartered on BTC and ETH trading desk On June 21, Bloomberg reported that the crypto desk will soon begin operations. Citing anonymous sources,…

Bitcoin has been in a downtrend for over two weeks and now trades 13.8% below its all-time high of $73,835, reached on March 14. Analysts argue that BTC must recover its hashrate and shake off “weak hands” to end the downtrend. Independent analyst Willy Woo noted that Bitcoin’s price would only recover when “weak miners die” and…