Catenaa, Wednesday, January 15, 2025-Standard Chartered’s Geoff Kendrick warned Tuesday that bitcoin could face a 10% retracement to the low $80,000s if its $90,000 support level is breached. The prediction comes amid macroeconomic pressure and the potential unwinding of spot exchange-traded funds (ETFs).  In a research note, Kendrick highlighted “convexity risks” as critical, suggesting ETF […]

Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]

Catenaa, Friday, January 2025 – Banking giant Standard Chartered has received a license to offer cryptocurrency custody services in the European Union, establishing a new entity in Luxembourg as its regulatory gateway under the Markets in Crypto Assets (MiCA) regulation.  MiCA, which came into full effect on Dec. 30, provides a uniform regulatory framework for […]

Catenaa, Thursday, February 06, 2025 – Standard Chartered head of digital assets research, Geoffrey Kendrick, predicts Bitcoin could surge to $500,000 before the end of Donald Trump’s term, citing improved investor access and declining market volatility.  Kendrick points to the expansion of spot Bitcoin exchange-traded funds (ETFs) and a more mature trading infrastructure as key […]

Catenaa, Saturday, February 22, 2025 – Standard Chartered Bank (Hong Kong) Limited, Animoca Brands, and HKT have announced a joint venture to issue a Hong Kong dollar-backed stablecoin, aiming to enhance digital payments and financial efficiency.  The firms plan to apply for a stablecoin issuance license under the Hong Kong Monetary Authority’s (HKMA) new regulatory […]