Standard Chartered's Kendrick Favors Long ETH and BMNR Into Weekend on Risk/Reward
Standard Chartered's Geoff Kendrick said going long ETH and BitMine (BMNR) into the weekend offers favorable risk/reward, CoinDesk reports. He noted ETH traded around $2,912 in Friday U.S. morning trading, down approximately 12% on the week. Kendrick cited higher Ethereum transactions following the December Fusaka upgrade, plus removal of Greenland tariff risk and a rebound in Japan's bond market.