Bitcoin To $500,000: Standard Chartered Doubles Down On 2028 Target
Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, has reaffirmed his standout price forecast for Bitcoin. Kendrick, who envisions BTC hitting $500,000 by 2028, bases his conviction on evidence of increasing institutional involvement — specifically pointing to sovereign wealth funds, state pension funds, and other large-scale investors. Sovereign Wealth Funds Enter The Bitcoin Fray According to a new report from Standard Chartered cited by The Block, Kendrick sees growing signs that government-backed investment vehicles are ramping up their interest in Bitcoin.....
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Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.”
Standard Chartered Bank Forays Into the Metaverse
Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, “to create [a] metaverse experience.”
Standard Chartered is a leading global....
Standard Chartered has sharply reduced its famously bullish Bitcoin roadmap, cutting its 2026 price target in half and acknowledging that its previous near-term projections were too aggressive, even as it keeps an ultra-optimistic long-term view intact. Standard Chartered Downgrades Bitcoin Price Predictions In a note shared on X by VanEck head of research Matthew Sigel, Standard Chartered argues that Bitcoin’s traditional halving cycle has been overtaken by ETF-driven flows. The bank writes: “With the advent of ETF buying, we think the BTC halving cycle is no longer a relevant price....
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to cryptocurrencies, such as bitcoin and ether. Standard Chartered joins a growing list of major banks worldwide that have embraced cryptocurrency. Standard Chartered Bank Diving Into Crypto Standard Chartered PLC (STAN.L) said Wednesday that the bank’s innovation arm, SC Ventures, will establish a cryptocurrency brokerage and exchange platform. The new exchange will be a joint venture between SC Ventures and BC Technology Group (0863.HK), a Hong....
Standard Chartered and OKX have announced a partnership expansion into Europe, bringing bank-backed crypto custody to institutions in the bloc. Standard Chartered & OKX Expand Crypto Partnership To EEA As revealed in a press release, OKX is expanding its partnership with Standard Chartered. The two first came together in April to launch a first-of-its-kind collateral […]
Major global bank Standard Chartered has announced a partnership with DCS to provide stablecoin settlements to DeCard users. Standard Chartered Has Partnered Up With DCS On Stablecoins As revealed in a press release, Standard Chartered is collaborating with DCS Card Center as the banking partner for DeCard, a credit card that enables users to make […]