Tag: standard chartered crypto

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Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including market infrastructure, risk and compliance tools, defi, tokenization, consumer payments, and the metaverse,” SC…
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Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year

Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash inflows, reducing net BTC supply and pushing BTC prices higher,” the analyst…
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Standard Chartered Bank: Crypto Winter Is Over — Bitcoin Could Reach $100K Next Year

Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil in the banking sector. Standard Chartered Bank on Bitcoin Hitting…
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