The leading global bank, Standard Chartered has made a first research coverage of Ethena’s ENA token and set a $2 price target for the end of 2028, putting the bank’s forecast at roughly seven times ENA’s current market price. The report, published on September 30, focuses on Ethena’s position across
As of 16th Sept., Arbitrum (ARB) is trading within the $0.1547 range, up by over 16.2%, with its volume reaching $530.9 million. The 24-hour session has ranged between $0.1328 and $0.159, and that upper end is where the structure gets complicated. Moreover, the seven-day range falls between $0.1316 and $0.1721.
Standard Chartered has launched Bitcoin and Ether spot trading for institutional clients in the United Arab Emirates, expanding its regulated digital asset services through its Dubai International Financial Centre (DIFC) entity. The British multinational bank announced the move on September 3, 2026, saying it has become the first global systemically
The Hong Kong government has not issued any HKD stablecoin licenses, despite earlier commitments to begin the approval process in March this year. The HKMA is still reviewing the applications and has not announced any approvals. Also, stretching the deadline beyond the earlier stated timeframe by the officials. The officials,
Standard Chartered and Hana Group have announced a collaboration. Their core objective is to advance the business of digital assets. This includes not only generic cryptocurrencies but also stablecoins. The mutual exploration of a joint initiative in the digital asset sector comes months after Hana Group and BitGo entered into
Standard Chartered has lowered its price forecast for Bitcoin (BTC) and warned that the cryptocurrency could decline toward $50,000 before any sustained recovery later in the year. The reduction comes amid ongoing macro headwinds, outflows from exchange-traded products, and continued weakness that led BTC to trade below the $70K zone.
Standard Chartered has established itself as the main banking collaborator with DeCard, the newly launched credit card that allows customers to utilize stablecoins for day-to-day purchases. The partnership with DCS Card Centre is a key milestone in making digital assets accessible within traditional payment networks for mass-market consumers globally. Bridging
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have announced the formation of a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The JV aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under its new regulatory framework. SCBHK brings its
Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k
Standard Chartered, a British multinational bank, has launched a new entity in Luxembourg. This provides crypto and digital asset custody services across the European Union (EU). Besides, this step follows the introduction of the Markets in Crypto Assets (MiCA) regulation, by which the bank can respond to the rising demand
