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USDC Issuer Circle Aims For $7.2B Initial Public Offering Valuation
Monday, June 2, 2025 - 2:05pm | 504Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it gears up for an initial public offering. What Happened: The company announced an increased offering size, reflecting heightened investor interest, with expectations of raising...
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Solana To Trail Ethereum, Says Standard Chartered: 'We Are Past Peak Meme Coin'
Tuesday, May 27, 2025 - 7:52am | 516Solana's (CRYPTO: SOL) reliance on meme coin trading as its dominant use case could hold back its performance relative to Ethereum (CRYPTO: ETH) for the foreseeable future, according to Standard Chartered's Head of FX and Digital Assets Research Geoffrey Kendrick. What Happened: In a note sent to...
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Bitcoin To Hit $500,000 By 2028, Standard Chartered Says, As ETFs Buy $667M On Monday
Tuesday, May 20, 2025 - 9:18am | 423U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds recorded $667.44 million in net inflows on May 19, marking the fourth consecutive day of positive momentum. Meanwhile, Ethereum (CRYPTO: ETH) ETFs also saw modest gains, with $13.66 million in net inflows and no redemptions across all nine...
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Bitcoin $120,000 Price Target May Be Too Low, Says Standard Chartered: 'I Apologize'
Thursday, May 8, 2025 - 7:13am | 453Bitcoin (CRYPTO: BTC) could surpass previous forecasts and hit new highs sooner than expected, according to Standard Chartered's Head of Digital Assets Research, Geoffrey Kendrick, who acknowledged Monday that his earlier second-quarter price target of $120,000 may be too conservative. What...
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BNB Price To Surge To $2,775 By 2028, Driven By Bitcoin And Ethereum Correlation, Says Standard Chartered
Tuesday, May 6, 2025 - 11:31am | 407Standard Chartered's Head of Digital Assets Research Geoffrey Kendrick on Monday has forecast that BNB (CRYPTO: BNB), the native token of Binance's Layer-1 blockchain, could reach $2,775 by the end of 2028, supported by its consistent trading correlation with Bitcoin and Ethereum. What Happened: In...
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Bitcoin Could Hit $120,000 In Q2, Says Standard Chartered's Geoff Kendrick
Monday, April 28, 2025 - 6:08am | 364Bitcoin (CRYPTO: BTC) could surge to a new all-time high of $120,000 in the second quarter, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a note sent to Benzinga, Kendrick highlighted that strategic reallocation away from U.S. assets,...
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Bitcoin's Dual Role Could Propel It To $200,000: Standard Chartered
Tuesday, April 22, 2025 - 9:34am | 533Bitcoin (CRYPTO: BTC) is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered‘s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech...
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Stablecoins To Surge To $2 Trillion By 2028, Says Standard Chartered: Here's What It Means For The Dollar
Tuesday, April 15, 2025 - 9:23am | 410A forthcoming U.S. regulatory framework is expected to supercharge the stablecoin market, pushing its total value from $230 billion today to $2 trillion by the end of 2028. According to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, the growth will generate $1.6 trillion...
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Bitcoin's Wild Ride, Ripple's Big Move, Tariff Plunge, And More: This Week In Crypto
Sunday, April 13, 2025 - 8:02am | 589The past week in the world of cryptocurrency was nothing short of eventful. The market saw significant fluctuations, largely influenced by President Donald Trump’s tariff announcements. Bitcoin (CRYPTO: BTC) soared to new heights, only to tumble shortly after. Meanwhile, Ripple (CRYPTO: XRP)...
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XRP Will Overtake Ethereum By 2028: Standard Chartered
Tuesday, April 8, 2025 - 8:26am | 635Standard Chartered on Tuesday forecasted that XRP’s (CRYPTO: XRP) market capitalization will overtake Ethereum's (CRYPTO: ETH) by the end of 2028, positioning XRP as the second-largest non-stablecoin digital asset. What Happened: The bold prediction, made by Geoffrey Kendrick, head of digital...
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Bitcoin Is 'The Best Of Tech,' Standard Chartered Says
Friday, April 4, 2025 - 8:10am | 401Bitcoin (CRYPTO: BTC) is increasingly demonstrating a dual identity—mirroring the performance of high-growth tech stocks while simultaneously acting as a hedge against broader financial uncertainty, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. In a market...
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AVAX To Outperform Bitcoin, Ethereum, Reaching $250 By 2029: Standard Chartered
Wednesday, April 2, 2025 - 2:35pm | 464Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029,...
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Coinbase Sold 12,652 ETH, According To Standard Chartered Analysis
Thursday, March 20, 2025 - 8:08am | 515Standard Chartered's Geoffrey Kendrick on Thursday warned that activity on Coinbase's (NASDAQ:COIN) Base network is influencing Ethereum (CRYPTO: ETH) price dynamics through indirect selling pressure. What Happened: Kendrick explained that while higher activity on Base boosts ETH demand initially—...
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Standard Chartered Lowers Ethereum Price Target To $4,000: Here's Why A Coinbase Blockchain Is To Blame
Monday, March 17, 2025 - 9:14am | 656Standard Chartered on Monday called for the taxation of excess profits earned by Layer-2 blockchains operating on Ethereum (CRYPTO: ETH), warning that without such measures, Ethereum's decline relative to Bitcoin will likely continue. The recommendation, part of a detailed research note released on...
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Bitcoin To Defy Trump Tariffs, Recession Fears, Will Hit $200,000 By End Of 2025: Standard Chartered
Wednesday, March 12, 2025 - 9:17am | 591Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, has expressed renewed confidence in his long-term prediction that Bitcoin (CRYPTO: BTC) will reach $200,000 by the end of 2025, citing increased Federal Reserve rate cut probabilities. What Happened: In a detailed...