News with the tag "Standard Chartered Bank"

Bitcoin ( BTC ) is poised to hit a new record high, with investment flows now the dominant market driver, according to Standard Chartered (STAN). U.S. spot bitcoin exchange-traded funds (ETFs) have seen $5.3 billion in inflows over the past three weeks, the investment bank said in emailed comments T...

Ether's (ETH) structural decline is expected to continue, investment bank Standard Chartered (STAN) said in a research report Monday slashing its 2025 year-end price target for the world's second largest cryptocurrency. Standard Chartered said it now sees ether at $4,000 at the end of the year, down...

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) have teamed up to launch a Hong Kong dollar-backed stablecoin under a newly formed joint venture. The consortium is preparing to apply for a license from the Hong Kong Monetary Authority (HKMA), the region’s to...

Crypto assets saw a panicky decline overnight alongside a Nvidia-led tech stock plunge on DeepSeek's more efficient artificial intelligence model . With bitcoin ( BTC ) at one point sliding from a Sunday high of $105,000 to below $98,000 before bouncing back to its current level just below $100,000,...

Standard Chartered Bank, a worldwide asset manager with $870 billion in assets under management, has made a very unconservative prediction for Bitcoin. Read original article on coincu.com

Stablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions once the sector becomes more legitimized, Standard Chartered (STAN) and Zodia Markets said in a report Thursday. Currently, the stablecoin market is equivalent to 1% of U.S. M2 and 1% of foreign exchange transac...

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

A Wall Street forecast may be overshooting the amount of money that could flow into tokenized real-world assets by 2030, says one analyst.

Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.

In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.