standard chartered

Bitcoin Value Could Reach $50,000 Mark This Year, $120,000 by End of 2024, Says Standard Chartered

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[ad_1] The value of top cryptocurrency bitcoin could reach $50,000 (roughly Rs. 41,19,200) this year and $120,000 (roughly Rs. 98,85,800) by the end of 2024 Standard Chartered said on Monday, predicting the recent jump in its price could encourage bitcoin “miners” to hoard more of the supply. Standard Chartered published a $100,000 (roughly Rs. 82,38,000) end-2024 forecast for … Read more

HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report

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[ad_1] HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto exchanges as clients, the Financial Times reported on Thursday, citing three people with knowledge of the matter. The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority (HKMA) last month … Read more