Standard Chartered: Bitcoin correction ‘has run its course’
Standard Chartered’s Jeffrey Kendrick says the crypto sell-off is over and sees bitcoin rising into year-end.Standard Chartered PLC is a multinational banking and financial services company headquartered in London, England.
Standard Chartered: Bitcoin correction ‘has run its course’
Standard Chartered’s Jeffrey Kendrick says the crypto sell-off is over and sees bitcoin rising into year-end.
Standard Chartered Projects RWA Market Capitalization to Reach $2 Trillion by 2028
By 2028, the total market value of tokenized real-world assets (RWA), excluding stablecoins, is expected to grow to $2 trillion, according to a report by The Block citing Standard Chartered.
Standard Chartered says bitcoin may never again fall below $100,000
Bitcoin may never again fall below $100,000, said Geoffrey Kendrick of Standard Chartered.
Standard Chartered Predicts Bitcoin to Fall Below $100,000
The price of the leading cryptocurrency is expected to drop below $100,000 by this weekend, suggested Jeffrey Kendrick, head of digital asset research at Standard Chartered.
US banks risk $6.6trn deposit flight under the GENIUS Act
The GENIUS Act will drive a mass shift of deposits from banks into higher-yielding stablecoins, says Multicoin Capital co-founder Tushar Jain.
Standard Chartered Raises Ethereum Forecast to $7500
By the end of this year, Ethereum is expected to rise to $7500, and by 2028 it could reach $25,000, according to analysts at Standard Chartered, reports The Block. Jeffrey Kendrick, head of digital asset research, is confident that the altcoin will surpass its ATH of $4866 in the current quarter. He highlighted several factors […]
Standard Chartered: Ethereum Treasuries Offer More Attractive Alternative to ETFs
Public companies holding reserves in Ethereum are more appealing to investors than spot ETH-ETFs, according to Jeffrey Kendrick, head of digital assets at Standard Chartered, as reported by The Block. He noted that the market net asset value (MNAV) multipliers of these firms—the ratio of market capitalization to the value of the cryptocurrency they hold—have […]
Standard Chartered Bankers Show Preference for Stablecoins Over Bitcoin
Experts predict the market capitalization of stablecoins will reach $750 billion by the end of 2026. Key cryptocurrency bills are under consideration in the United States. JPMorgan is exploring stablecoins under pressure from fintech competitors. Clients of the American branch of Standard Chartered are showing greater interest in stablecoins than in Bitcoin. This was stated […]
Standard Chartered: Bitcoin Halving No Longer Influences Price
Analysts at Standard Chartered forecast a rise in the leading cryptocurrency to $200,000 by the end of 2025, with an interim target of $135,000 in the third quarter. The primary drivers of this growth, according to experts, are inflows into spot ETFs and corporate purchases of Bitcoin. Jeff Kendrick, head of digital asset research, noted […]
Standard Chartered Assesses Corporate Bitcoin Strategy’s Impact on Digital Gold
In two months, Strategy increased its holdings of the first cryptocurrency by 74,000 BTC, while “imitators” added 47,000 BTC. Since the end of 2023, bitcoin balances on exchanges have decreased by approximately 1 million BTC. Over 18 months, the liquid supply of digital gold has decreased by 30%. The acquisition of the first cryptocurrency as […]
Standard Chartered Predicts Solana’s Rise to $500
Analysts at Standard Chartered forecast that Solana’s market value could reach $500 by 2029. However, they anticipate that in the next two to three years, the cryptocurrency will “underperform Ethereum,” according to The Block. Jeffrey Kendrick, head of digital asset research at Standard Chartered, suggests that by the end of 2025, the price could reach […]
Standard Chartered Reaffirms $500,000 Bitcoin Target Amid Sovereign Fund Interest
In the first quarter, government entities increased their holdings in Strategy shares as a derivative of digital gold. Standard Chartered reached this conclusion based on reports to the SEC, writes The Block. This trend has reinforced the bank’s experts’ expectations of the first cryptocurrency reaching a target of $500,000 by 2028. “As more investors gain […]We use cookies to improve the quality of our service.
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