Standard Chartered PLC | ForkLog

ForkLog 44 20.09.2024

Standard Chartered Predicts Bitcoin Rally Following Fed Rate Cut

Following a rate cut by the Fed, Bitcoin is expected to experience sustained growth due to a macroeconomic backdrop that offsets uncertainty from the US elections. This conclusion was reached by Standard Chartered, reports The Block. Experts highlighted the improved cryptocurrency market conditions amid increased chances of Kamala Harris’s victory. According to Polymarket, she leads […]

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ForkLog 30 12.09.2024

Bitcoin’s Record High Forecast Unaffected by US Election Outcome

Bitcoin is poised to reach a new record by the year’s end, irrespective of the results of the US presidential election, according to Standard Chartered, reports The Block. “A Trump victory would push the price to $125,000, while Harris would lead to $75,000,” the review states. Analysts believe that a Republican administration would accelerate progress […]

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ForkLog 6 03.07.2024

Standard Chartered Predicts Bitcoin’s New Peak in August

Bitcoin could reach a new all-time high in August, potentially rising to $100,000 by the U.S. presidential elections in November, according to a forecast by Standard Chartered, as reported by The Block. The scenario’s realization hinges on Joe Biden’s prospects in the presidential race. His continued participation would enhance the chances of a victory for […]

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ForkLog 5 06.06.2024

Standard Chartered Predicts Bitcoin to Reach $100,000 Before US Elections

Bitcoin is projected to rise to $100,000 by November, with a new all-time high potentially being set as early as this weekend, according to Standard Chartered, reports The Block. This early formation of a new ATH could be driven by “favorable” US employment data on June 7. In such a scenario, the digital gold’s price […]

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ForkLog 14 24.05.2024

Standard Chartered Identifies ETF Contenders for 2025

A new phase for exchange-traded funds is likely to commence in 2025, with SOL and XRP next in line. This was stated by Jeffrey Kendrick, head of research at Standard Chartered, in an interview with The Block. “For other coins like SOL and XRP, markets will also eagerly await their ETF, although this is more […]

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ForkLog 8 08.05.2024

Bitcoin Finds Local Bottom at $56,500, Says Standard Chartered

The situation has improved, with Bitcoin establishing a minimum at $56,500, according to Standard Chartered, reports The Block. The institution’s experts revised their previous forecast, which anticipated a decline to the $50,000–52,000 range. Experts confirmed a target of $150,000 by the end of the year and $200,000 by the end of 2025. The changes were […]

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ForkLog 2 01.05.2024

Standard Chartered Warns of Bitcoin’s Potential Decline to $50,000

The dip in Bitcoin’s price below $60,000 has reopened the path to the $50,000–52,000 range, Standard Chartered has warned, according to The Block. They cited a “combination of crypto-specific and broader macroeconomic factors” as the cause of “new woes.” The bank refers to a five-day outflow of funds from U.S. spot Bitcoin ETFs and a […]

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ForkLog 15 24.04.2024

Standard Chartered Maintains Bitcoin Target of $150,000 by Year-End

Standard Chartered’s year-end targets for Bitcoin and Ethereum, set at $150,000 and $8,000 respectively, remain unchanged. This is according to a new report by the bank’s analysts, as reported by The Block. The experts identified the unwinding of market long positions following recent halving-related liquidations as a growth driver. They noted that on April 19, […]

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ForkLog 11 24.04.2024

Standard Chartered Doubts May Approval for Spot ETH-ETFs

Investment bank Standard Chartered has revised its optimistic forecast regarding spot Ethereum-ETFs, now expressing doubt that the SEC will approve the instrument in May. This was reported by CoinDesk citing the company’s report. Previously, analysts anticipated a positive decision on the exchange-traded funds based on the second-largest cryptocurrency by market capitalization by May 23. “The […]

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ForkLog 42 31.01.2024

Standard Chartered Predicts SEC Approval of Spot Ethereum-ETF in May

The SEC is expected to approve spot Ethereum-ETFs on May 23, by which time the price of the second-largest cryptocurrency by market capitalization could reach $4000, according to a forecast by Standard Chartered, reports The Block. Analysts based their growth target on the situation with Bitcoin following the approval of a spot exchange-traded fund based […]

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ForkLog 6 29.11.2023

Standard Chartered reaffirms forecast for Bitcoin to reach $100,000 by end-2024

Analysts at Standard Chartered Bank said the crypto market was on the right track and reaffirmed their forecast that Bitcoin would reach $100,000 by the end of 2024.

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ForkLog 13 09.11.2023

Standard Chartered and SBI Holdings to invest $100 million in crypto startups

The Standard Chartered unit (SC Ventures) and the Japanese conglomerate SBI Holdings will create in the UAE a company with $100 million in capital, focusing on investments in crypto projects.

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