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Standard Chartered To Launch Bitcoin, Ethereum Trading Desk As ETF Outflows Continue
Friday, June 21, 2024 - 7:25am | 607Standard Chartered Plc is reportedly establishing a trading desk for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), according to sources familiar with the matter. What Happened: This move positions Standard Chartered as one of the first global banks to enter the spot cryptocurrency trading arena...
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Bitcoin On Track To Hit New All-Time High By Weekend, Says Standard Chartered Analyst
Tuesday, May 21, 2024 - 11:40pm | 556Bitcoin (CRYPTO: BTC) is expected to reach a new all-time high by the weekend, according to a prominent analyst at Standard Chartered Bank. What Happened: Geoff Kendrick, the Head of FX Research and Digital Assets Research at Standard Chartered, predicted that Bitcoin could hit a new all-time high...
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Trump's Potential Return Could Spur Crypto Growth, Standard Chartered Report Suggests
Tuesday, May 7, 2024 - 2:39pm | 589The prospect of Donald Trump returning to the presidency might significantly bolster the cryptocurrency sector, according to a recent research report by Standard Chartered. What Happened: The investment bank forecasts that a second Trump administration could enhance the regulatory environment for...
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Spot Ethereum ETF Approval Unlikely But 'Bad News Already Priced In': Standard Chartered
Wednesday, April 24, 2024 - 7:13am | 632While investors looking for an easy way into Ethereum (CRYPTO: ETH) via ETFs might face a wait, investment bank Standard Chartered remains optimistic about the future of digital assets. What Happened: Despite revising their previous May timeline for US approval of Ether ETFs, the bank believes the...
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Bitcoin To More Than Double In Value To $150K By Year-End, Says Standard Chartered Analyst: 'We Can Push Higher Again'
Tuesday, April 23, 2024 - 12:59am | 755The price of Bitcoin (CRYPTO: BTC) could still more than double this year, according to a bullish forecast by Standard Chartered analyst Geoff Kendrick, despite the recent pullback. What Happened: Kendrick, the head of digital assets research at Standard Chartered, has reiterated the firm’s...
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Standard Chartered Announces $1B Buyback As Profit Beats Estimates
Friday, February 23, 2024 - 3:23am | 715In a bid to boost shareholder returns, Standard Chartered Plc (OTC:SCBFF) has declared a $1 billion buyback after reporting fourth-quarter profits that surpassed analyst projections. What Happened: The London-based bank, which focuses on emerging markets, has unveiled a new program, “Fit for...
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Standard Chartered Expects Ethereum ETFs Approval By May 23, Predicts $4k Price Target
Wednesday, January 31, 2024 - 12:07pm | 477Standard Chartered expects the Securities and Exchange Commission (SEC) to handle spot Ethereum (CRYPTO: ETH) ETF applications in the same way it handled Bitcoin (CRYPTO: BTC) ones and approve pending applications by May 23. In a research report released Tuesday, Standard Chartered...
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Crypto Nostradamuses Triumphant: Bitcoin, Ethereum, Shiba Inu, Dogecoin Take Off, Reaffirming Pundits' Predictions
Monday, December 4, 2023 - 6:23pm | 861Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...
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Bitcoin To Skyrocket To $100K By Late 2024: Standard Chartered
Wednesday, November 29, 2023 - 4:14am | 624In a recent prediction, Standard Chartered anticipates Bitcoin’s (CRYPTO: BTC) value to surge significantly, hitting a high of $100,000 by late 2024. What Happened: According to a report by Business Insider, the financial institution, Standard Chartered, foresees a substantial...
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SC Ventures' Leaps Into Tokenized Investment With Launch Of Libeara
Tuesday, November 14, 2023 - 12:27pm | 542SC Ventures, the innovation and fintech investment arm of Standard Chartered, has launched Libeara, a tokenization platform to make investment opportunities more accessible, transparent, and secure for a broader audience. Libeara, in a strategic partnership with FundBridge Capital Pte....
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China's EV Sector Is 'Absolutely Booming,' Says Standard Chartered CEO
Wednesday, November 8, 2023 - 5:56am | 523Amid China’s uneven economic recovery, the electric vehicle (EV) sector is witnessing a remarkable surge, according to the CEO of Standard Chartered, Bill Winters. Winters highlighting the exceptional growth of China’s EV sector, reported CNBC. While speaking at the Global...
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Zodia: Hong Kong's Gateway To The Crypto Universe?
Monday, October 30, 2023 - 12:54pm | 731Zodia Custody, a cryptocurrency security subsidiary of the British bank Standard Chartered Bank PLC (OTC: SCBFF), announced its expansion into Hong Kong. This move signifies the company's continued efforts to establish a foothold in the Asia-Pacific market. The forthcoming Benzinga's...
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HashKey's New License Could Spark A Wave of Investment In Hong Kong's Digital Asset Sector
Thursday, August 3, 2023 - 9:26am | 496HashKey received a license under Hong Kong's new cryptocurrency regulations, marking a significant step towards legitimizing the retail trading of digital assets in the city. This development is part of the city's broader strategy to position itself as a global epicenter for the digital...
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Buckle Up For The Bitcoin Boom: Could It Go To $50K This Year, $120K By 2024?
Monday, July 10, 2023 - 2:47pm | 615Standard Chartered, a multinational banking and financial services company, is expecting a meteoric rise in the value of the leading cryptocurrency Bitcoin (CRYPTO: BTC) The firm predicts Bitcoin may ascend to $50,000 within this year and achieve an impressive $120,000 by the close of 2024....
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Bitcoin Set To Skyrocket To $100,000 By 2024: Analyst Predicts A Decentralized Future
Monday, April 24, 2023 - 5:18pm | 475The current stress in the traditional banking sector is favorable for Bitcoin's (CRYPTO: BTC) outperformance, leading to a potential for the largest digital currency to reach $100,000 by the end of 2024, according to a note published by Standard Chartered analyst Geoff Kendrick. Kendrick...