Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming …
Read More »
Geoff Kendrick, the Head of FX Research at Standard Chartered, has offered a bullish outlook on Bitcoin, suggesting that the approval of Bitcoin spot exchange-traded funds (ETFs) has the potential to propel the leading cryptocurrency to unprecedented heights. In a note released on Monday, Kendrick expressed optimism that such regulatory …
Read More »
Bitcoin has continued to make waves in the crypto sector as analysts release predictions ahead of major events. One of such predictions is the latest by Standard Chartered Bank. On the other hand, Meme Moguls have achieved an impressive influx of users, setting new records and igniting excitement in their …
Read More »
In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the current year, the bank identifies the onset of what they refer to as the ‘crypto …
Read More »
Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry. Standard Chartered Bank is doubling down on its Bitcoin (BTC) predictions, suggesting that the leading crypto asset …
Read More »
As blockchain technology continues to mature, Deutsche Bank and Standard Chartered’s initiative offers a promising vision of the financial world’s future. German banking giant Deutsche Bank (ETR: DBK) and Standard Chartered’s SC Ventures have begun testing the UDPN, a system that promises to ensure seamless communication and interoperability between various …
Read More »
Despite the recent setbacks, Standard Chartered had been on an upward trajectory before the China-related issues came to the forefront. Shares of UK-based banking giant Standard Chartered Plc (LON: STAN) plummeted by as much as 17% during early trading, leading to a temporary halt in trade, and by 11:15 a.m. …
Read More »
Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered. British multinational services company Standard Chartered PLC (LSE: STAN) is planning to launch a crypto custody service for Bitcoin (BTC) and Ethereum (ETH) to …
Read More »
The new development aligns with the country’s ambition to become a prominent global hub for crypto. In a bold move aimed at embracing the crypto revolution in Hong Kong, the country’s banking regulator has reportedly exerted significant pressure on major financial services companies, including HSBC and Standard Chartered Bank, to …
Read More »
Bitcoin, the world’s most well-known cryptocurrency, has been on a wild ride over the past few years, with its price surging to new highs before crashing back down. Despite this, some experts still believe the asset could record new significant highs in a few years to come. At current market …
Read More »
Commonplace Chartered pronounces EUR 149 million of Social Mortgage financing for the Angolan Ministry of Finance to construct a brand new hospital in Kilamba, with a specialist burns ward. That is the federal government of Angola’s first Social Mortgage. The financing is backed by Export Credit score Company (ECA) UK …
Read More »