Standard Chartered PLC | ForkLog

ForkLog 118 04.06.2025

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 […]

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ForkLog 66 27.05.2025

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 […]

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ForkLog 35 21.05.2025

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 […]

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ForkLog 53 14.05.2025

FalconX and Standard Chartered to Launch Institutional Banking Services

Cryptocurrency broker FalconX has announced a partnership with Standard Chartered. The collaboration aims to develop infrastructure for institutional clients, including hedge funds, token issuers, and payment services. Standard Chartered will integrate its banking solutions and access to over 120 currency pairs into FalconX. This will expedite international settlements and enhance liquidity for the broker’s clients. […]

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ForkLog 13 07.05.2025

Standard Chartered Predicts BNB Surge to $2775 by 2028

The price of Binance-linked token BNB is projected to rise to $2775 by the end of 2028, according to a forecast by Standard Chartered, as reported by The Block. With the current rate at $606.1, this suggests a 4.58-fold increase. Experts noted the similarity in the performance of BNB to an unweighted basket of Bitcoin […]

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ForkLog 37 28.04.2025

Standard Chartered Urges Bitcoin Investment

Jeffrey Kendrick, head of digital asset research at Standard Chartered, has advocated for the purchase of Bitcoin, forecasting its rise to $120,000 by the second quarter. This was reported by The Block. The expert’s target for the end of 2025 is $200,000, attributed to investors reallocating capital from US assets to the leading cryptocurrency. Kendrick […]

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ForkLog 21 23.04.2025

Bitcoin’s Ascent Tied to Federal Reserve Independence Concerns, Says Standard Chartered

The leading cryptocurrency is poised to appreciate if threats to the independence of the Federal Reserve persist. This conclusion was reached by Standard Chartered, as reported by The Block. According to experts, in such a scenario, digital gold will serve as a decentralized hedge against traditional financial systems. The primary role of the asset is […]

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ForkLog 83 16.04.2025

Standard Chartered Predicts Stablecoin Market Cap to Reach $2 Trillion by 2028

By 2028, the combined market value of stablecoins is expected to grow to approximately $2 trillion, according to an assessment by Standard Chartered, reports The Block. Currently, this figure is estimated at $236.2 billion. The anticipated driver is the expected adoption of the GENIUS Act in the United States, which provides a regulatory framework for […]

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ForkLog 39 08.04.2025

Ripple Acquires Prime Broker Hidden Road for $1.25 Billion

Ripple announced the acquisition of the institutional lending and brokerage platform Hidden Road for $1.25 billion. According to the press release, the transaction ranks among the largest in the digital assets sector. It will bolster the ecosystem, including the RLUSD stablecoin, the XRPL blockchain, and the Ripple Payments service. The deal is expected to close […]

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ForkLog 34 07.04.2025

Standard Chartered Identifies Bitcoin as a Hedge Against Tariff Risks

Bitcoin can be viewed as a hedge against tariff risks amid increasing U.S. isolation. This was stated by Geoffrey Kendrick, head of digital asset research at Standard Chartered, according to The Block. Following President Donald Trump’s declaration of “Liberation Day” on April 3, a massive market downturn ensued. Kendrick believes the downturn’s impact is temporary, […]

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ForkLog 121 25.03.2025

Standard Chartered Finds Bitcoin Outperforms Tesla

A hypothetical version of the Mag 7 index created by Standard Chartered, replacing Tesla with Bitcoin, demonstrated superior returns compared to the original. This was reported by The Block, citing the bank’s report. The Mag 7 includes the so-called tech ‘Magnificent Seven’ — Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla. Jeffrey Kendrick, head of […]

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ForkLog 20 18.03.2025

Standard Chartered Lowers Ethereum Price Forecast to $4000

Analysts at Standard Chartered have revised their Ethereum price forecast for 2025, reducing it from $10,000 to $4000, reports The Block. The reasons cited include the growing influence of L2 solutions, particularly the Base platform. According to researcher Geoffrey Kendrick, high activity in the Coinbase-supported ecosystem has contributed to a $50 billion reduction in Ethereum’s […]

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