News list for " hit bank"
Geoffrey Kendrick, head of global digital asset research at Standard Chartered, said in a recent note that bitcoin has been down for five consecutive weekends, but that trend is expected to shift this weekend. A slight rally this weekend could trigger ETF inflows on Monday, pushing the price back to $100,000 and then to $102,500. In recent weekends, New York...
On January 27th, Geoffrey Kendrick, head of foreign exchange and digital asset research at Standard Chartered, released the latest market analysis, pointing out that the correlation between bitcoin and the Nasdaq index is significantly higher than that with gold. AI startup DeepSeek released a low-cost R1 model comparable to OpenAI, causing the Nasdaq futures to fall by 3.3%, triggering a large-scale liquidation in the cryptocurrency market....
Geoff Kendrick, global head of digital asset research at Standard Chartered, said inflows from institutional investors could drive up the price of bitcoin and ethereum, which are expected to reach $200,000 and $10,000, respectively, by the end of 2025. He expects institutional inflows into bitcoin in 2025 to exceed 2024 levels, with new money likely to come from long-term investment funds such as pension funds. At the same time, he pointed out that institutional inflows could dampen the strength...
On January 22nd, according to Financefeeds, Zodia Custody, a digital asset custodian backed by institutions such as Standard Chartered and Northern Trust, announced a partnership with European and Korean digital asset company Wavebridge. Through this partnership, institutional investors can enter the digital asset market safely and in compliance through Wavebridge's professional services. It is reported that Wavebridge holds a virtual asset service provider (VASP) license issued by the Lithuania...
Standard Chartered-backed Zodia Custody has partnered with Kiln to expand staking services, and its customers can now access and receive ETH, SOL, DOT, ADA, and BNB staking services.
21:00-7:00 Keywords: Standard Chartered, Fetch.ai, Bryan Steil, Circle 1. Standard Chartered is licensed to launch digital asset custody services in the European Union; 2. USDC Treasury issues 250 million additional USDCs on the Solana chain; 3.Circle has donated 1 million USDCs to President Trump's Inaugural Committee; 4.Fetch.ai launched a $10 million accelerator for AI agency startups; 5. The grey release adjusts the proportion of Bitcoin and Ethereum in the cryptocurrency market fund to 90%;...
Big financial firms such as Standard Chartered and Virtu Financial Inc. are gearing up to join a new London-based crypto derivatives trading platform as a market rally boosts the appeal of digital currencies. Trading platform Global Futures and Options Ltd. (GFO-X) said on Monday that it has signed up ABN Amro Clearing and market maker IMC and expects to launch in Quarter 1 next year. GFO-X is backed by M & G Investments, the asset management arm of pension giant M & G Plc. GFO-X will...
12:00-21:00 Keywords: Circle, Standard Chartered, Mt. Gox, Putin 1. Trump tweeted to celebrate Bitcoin breaking through $100,000; 2.Circle announced 6% layoffs and will continue to invest in artificial intelligence. 3. Standard Chartered: Bitcoin could reach $200,000 by the end of 2025; 4.Mt Gox transferred another 3,820 BTC worth about $392 million; 5. Putin: Digital currencies will play an important role in the BRICS investment platform. 6. Bitcoin's market capitalization ranks seventh in the ...
Geoff Kendrick, global head of digital asset research at Standard Chartered, said that Bitcoin's breakout of $100,000 is mainly due to the institutionalization of the industry this year, particularly the continued inflow of ETF funds, which have purchased about 3% of the total bitcoin supply in 2024.
Geoff Kendrick, global head of digital asset research at Standard Chartered, said in a report that the flow of funds in bitcoin this year has been dominated by institutional investors, and this situation should continue. After breaking through $100,000, bitcoin could reach $200,000 by the end of 2025. So far this year, institutions have bought 683,000 bitcoins through US spot ETFs, and MicroStrategy has purchased 245,000 bitcoins, a large part of which has been purchased after the US Presidentia...
