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, 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, 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 […]