Catenaa, Wednesday, May 07, 2025-Standard Chartered has projected a major surge in the price of Binance’s BNB token, estimating it could rise more than 360% to $2,775 by the end of 2028. The forecast, made in a report by Geoffrey Kendrick, the bank’s global head of digital assets research, positions BNB as a benchmark asset […]
Catenaa, Friday, April 25, 2025-Deutsche Bank and Standard Chartered are reportedly planning to expand their presence in the US cryptocurrency market, according to a report by the Wall Street Journal. Both European financial giants are eyeing increased engagement in the growing crypto sector, capitalizing on regulatory clarity and market growth in the U.S. These moves […]
Catenaa, Wednesday, March 26, 2025-Standard Chartered Bank found that replacing Tesla with bitcoin in a reworked “Magnificent 7” index improved returns and reduced volatility. The bank’s “Mag 7B” index, which includes bitcoin instead of Tesla, outperformed the original “Magnificent 7” by about 5% since 2017, according to Geoffrey Kendrick, global head of digital assets research. […]
Catenaa, Friday, May 23, 2025-Standard Chartered Bank said indirect sovereign exposure to bitcoin through shares of Strategy Inc. (MSTR) increased in the first quarter of 2025, reinforcing its bold prediction that Bitcoin will hit $500,000 before the end of Donald Trump’s expected second presidential term in 2029. In a report published Tuesday, Geoffrey Kendrick, the […]
Catenaa, Tuesday, March 18, 2025-Standard Chartered has sharply reduced its 2025 price target for ether, cutting its previous forecast from $10,000 to $4,000, citing the growing dominance of Ethereum’s Layer 2 networks, particularly Base. Geoffrey Kendrick, the bank’s global head of digital assets research, said Base’s rise has significantly eroded Ethereum’s market cap, estimating a […]
Catenaa, Tuesday, April 29, 2025-Bitcoin could surge to a new all-time high of $120,000 as early as the second quarter, driven by rising institutional demand and a strategic shift away from US-denominated assets, according to Standard Chartered’s head of digital asset research. Geoffrey Kendrick, who leads digital assets research at the bank, said in a […]
Catenaa, Sunday, April 13, 2025- Standard Chartered predicts that bitcoin will serve as a hedge against rising tariff risks, particularly as “U.S. isolationism” shapes market sentiment. Geoffrey Kendrick, the bank’s global head of digital assets research, stated in a Sunday note that increasing tariffs could lead to greater risks associated with holding fiat currencies, thereby […]