News Heat Trend
Related news
Standard Chartered Maintains Bitcoin $100,000 Target: Strategy's BTC Sales Not a Sign of Risk Deterioration
Standard Chartered stated that it maintains its Bitcoin price prediction of reaching $100,000 by the end of 2026, believing that the recent market decline triggered by Strategy's (formerly MicroStrategy) related activities is not due to a deterioration in the company's balance sheet, but rather a strategic adjustment that the market has not fully understood.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, noted in a report that Strategy's recent behavior is disrupting short-term market expectations for Bitcoin. The market had previously accepted the company's narrative of "never selling Bitcoin," but now Strategy appears to be shifting towards a more complex capital operation model. How clearly the company can communicate this change will determine when market pressure eases.Currently, Strategy holds 843,775 Bitcoins, representing approximately over 4% of the total 21 million Bitcoin supply. From 2020 to mid-2025, Strategy's mNAV (Market Value of Enterprise / Bitcoin Asset Value) was consistently above 1, allowing the company to raise funds through stock issuances to purchase Bitcoin and achieve shareholder value growth. The commitment to "never selling Bitcoin" was central to this model gaining market acceptance. However, with the current mNAV approaching 1, the leverage effect of this financing model is weakening.Kendrick believes Strategy is transitioning from a "Bitcoin accumulation tool" to a "Bitcoin credit support tool." This involves using its Bitcoin holdings as the credit basis for its perpetual preferred stock, STRC. Currently sized at approximately $10 billion, STRC is the largest financial instrument launched by Strategy, offering an annualized dividend rate of 12%, paid semi-monthly in cash, and is designed to maintain a price near its $100 par value through interest rate adjustment mechanisms.Standard Chartered indicated that STRC is currently trading around $90, while Strategy's dollar reserve for paying dividends stands at approximately $2.55 billion, covering an estimated 17.4 months of dividend expenses.Kendrick stated that Strategy's policy adjustment allowing for Bitcoin sales does not necessarily mean the company will continuously sell. He believes that as long as the market believes the new capital structure arrangement can stabilize the STRC price, Strategy may not actually need to sell Bitcoin. He compared this mechanism to a central bank's commitment to "do whatever it takes": mere restoration of market confidence may mean actual intervention never occurs. (The Block)
Bitcoin
Block
Market
Sign
StarChain
Strategy
Data: USDC Leads USDT in Stablecoin Transaction Volume Competition, Monthly Volume Hits New High
Odaily报道 According to data from Visa's on-chain data platform, USDC has expanded its lead over USDT in stablecoin transaction volume during the first half of 2026. Data shows that the adjusted stablecoin transaction volume in June rose to $1.79 trillion, an increase of 63% month-over-month and 125% year-over-year from June 2025, setting a new all-time high. Visa's statistics have excluded non-genuine economic activities such as bot transactions and internal exchange transfers.The total stablecoin transaction volume for the first half of the year reached $8.82 trillion, surpassing the full-year 2024 level of $5.8 trillion, but still below the record $10.8 trillion set in 2025.Structurally, USDC accounted for approximately 70% of the volume in the first half of 2026, while USDT accounted for about 25%, indicating a significant shift in market share towards compliant stablecoins.Analysis points out that as banks and institutions increasingly use stablecoins for settlement and fund management—with institutions like Standard Chartered and BNY Mellon accelerating integration into the USDC ecosystem—stablecoin infrastructure is entering a phase of institutional expansion. (CoinDesk)
Circle
CoinDesk
June
Tether
Visa
Korean investors are betting on China's AI sector, buying up $2.8 billion worth of assets in six months: A-share stocks like NAURA Technology Group and Cambricon Technologies are being snapped up
According to data, in the first half of the year, Korean investors invested a total of $2.819 billion to snap up Chinese assets through both individual stocks and ETFs: A-share purchases surged by 130.55% year-on-year, with NAURA Technology Group and Cambricon Technologies leading the buying spree. In Hong Kong stocks, Semiconductor Manufacturing International Corporation (SMIC) and MiniMax saw the highest purchase volumes. A Standard Chartered Bank analyst stated bluntly that overseas capital's attitude towards Chinese assets "has fundamentally changed." Among them, semiconductor equipment company NAURA Technology Group topped the purchase list at approximately $33.94 million, followed by Cambricon Technologies ($27.28 million), with Contemporary Amperex Technology Co., Limited (CATL) ($12.54 million) ranking third.Beyond semiconductors, Korean capital is also spreading to a broader range of computing infrastructure, including servers, data centers, and power and network support. (National Business Daily)
Beyond
Standard Chartered: Market Severely Underestimates Uniswap-Robinhood Partnership Potential
According to The Block, Standard Chartered Bank analyst Geoffrey Kendrick stated that the market is "severely" underestimating the potential for collaborations between Uniswap and high-quality DeFi protocols such as Robinhood, and expects more similar collaborations to materialize within the next few quarters, particularly those centered around Uniswap.
Block
Market
Robinhood
The Block
Uniswap
渣打银行与 Circle 推出机构级 USDC 铸造与赎回服务
According to official news, Standard Chartered Bank announced a partnership with Circle to launch USDC minting and redemption access capabilities for institutional clients, becoming the first global systemically important bank to offer such integrated services. Eligible institutional clients can use USDC through a single onboarding and service process without needing to open a Circle account directly. The service will initially be provided through Standard Chartered's business in the Dubai International Financial Centre, supporting scenarios such as on-chain settlement, treasury management, and liquidity management, with plans to expand to more markets subsequently upon obtaining regulatory approval.
Centre
Circle
Standard Chartered Bank issues first rating on Morpho, with a price target of $60
According to Cointelegraph, as tokenized TradFi assets continue to flow into DeFi, Standard Chartered Bank has rated Morpho for the first time, projecting the price could rise to $60 by the end of 2030, representing approximately 33x upside from current levels.
Cointelegraph
Morpho
Caixin: Son of former Wuhan Supervisory Commission official laundered over HK$64 million in Hong Kong, claims part of the funds came from selling Bitcoin
According to Caixin, Xiao Rui—the son of Xiao Jun, former member of the Wuhan Municipal Supervisory Commission—is suspected of accepting bribes totaling approximately HK$4.72 million from mainland Chinese engineering contractors on behalf of his father and laundering over HK$64 million through underground banking channels. On June 23, the Hong Kong District Court found Xiao Rui guilty on all four counts of “money laundering” and one count of “using a false instrument,” with sentencing scheduled for July 23. In 2014, Xiao Rui was granted residency in Hong Kong; that same year, he purchased two funds from AIA Financial (AIA) via his HSBC account for HK$10 million to meet the investment requirement under the relevant immigration scheme. Between January 2016 and September 2017, multiple remittances totaling over HK$54 million were deposited into Xiao Rui’s Standard Chartered and DBS accounts. Regarding the “money laundering” charges, Xiao Rui argued in court that the large sums involved represented legitimate business earnings of his mother, who gifted the money to him for investment in Hong Kong, and that part of the funds originated from Bitcoin sales. The judge rejected this testimony, citing Xiao Rui’s failure to provide any basic transaction records—such as dates, transaction IDs, or wallet addresses—related to the alleged Bitcoin sales.
AIA Chain
Bitcoin
DeAgentAI
District
June
Standard Chartered Bank: Aave is expected to rise to $3,500 by 2030, an increase of approximately 50x from its current price.
According to CoinDesk, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, released a report initiating coverage of the decentralized lending protocol Aave, with a target price of $3,500 by end-2030—approximately 50 times its current price of around $70—and expects Aave to outperform both Bitcoin and Ethereum. Kendrick stated that Aave has recovered from the April 2026 KelpDAO rsETH bridge vulnerability incident, during which attackers used approximately $290 million worth of stolen tokens as collateral to borrow real assets on Aave, exposing the protocol to up to $230 million in potential losses. Assets have now begun flowing back onto the platform, and Aave’s dominant position in on-chain lending remains solid. Looking ahead, Standard Chartered forecasts that the value of tokenized assets actively used in DeFi applications will grow 37-fold by 2030. Aave—whose revenue model is directly tied to lending activity—is poised to benefit directly. Additionally, Aave’s Horizon initiative (enabling tokenized real-world asset lending in permissioned environments) and the potential relaunch of its token buyback program are viewed as key catalysts.
Aave
Bitcoin
CoinDesk
Digital Asset
Digital Asset Research
Ethereum
Standard Chartered: Aave Could Surge 50x to $3,500 by 2030
Standard Chartered stated Aave could surge 50 times to $3,500 by 2030. The bank expects Aave to benefit from a 37x increase in DeFi assets and the on-chain migration of tokenized finance. (Cointelegraph)
Aave
Cointelegraph
Surge
Surge
Surge
Surge
Korea Financial Research Institute: Discussions on the Korean won stablecoin should prioritize use cases over issuing entities
According to Bloomingbit, Ji Man-soo, Senior Research Fellow at the Korea Financial Research Institute, stated that before deciding on the issuing entity for the Korean won stablecoin, policymakers should prioritize reviewing concrete use cases and feasibility. Citing Hong Kong as a reference case, he noted that the Hong Kong Monetary Authority (HKMA) has granted stablecoin issuance licenses to HSBC Hong Kong and AnchorPoint Financial—a joint venture established by Standard Chartered Hong Kong, Animoca Brands, and HKT—covering use cases such as cross-border payments, domestic payments, tokenized asset trading, and supply chain finance, all aligned with broader digital finance strategies including central bank digital currency (CBDC) and tokenized deposits. Ji Man-soo suggested that discussions around the Korean won stablecoin should begin by asking, “Which problems in Korea’s domestic financial and payment systems can it solve?” Concurrently, specific applications for payments, asset tokenization, and trade finance must be designed to ensure the regulatory framework is effectively implemented.
Animoca Brands
Fellow
Standard Chartered: Wall Street’s onchain wave will drive UNI price up nearly 40-fold by 2030
According to a research report released by Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets, as Wall Street accelerates the onchain migration of real-world assets, Uniswap’s native token UNI is poised for nearly a 40-fold increase before 2030, with a price target of $100 and a year-end target of $6.50. Kendrick positions Uniswap as an open-market infrastructure layer accessible to TradFi institutions—not as a retail DEX application—and forecasts that total value locked (TVL) across DeFi protocols will reach $2.7 trillion by 2030, at which point Uniswap’s liquidity pool size could expand 37-fold.
NewDex
Street
Uniswap
Standard Chartered: Uniswap Token UNI Could Rise to $100 by 2030
Standard Chartered Bank has initiated coverage on the decentralized exchange protocol Uniswap, predicting its UNI token could rise from its current price of approximately $2.70 to $100 by the end of 2030, representing a gain of nearly 40 times.Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that the next wave of wealth creation opportunities in the digital asset space may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will grow significantly, thereby enhancing the trading asset base and fee potential for protocols like Uniswap.Standard Chartered estimates that tokenized assets on-chain will grow from approximately $340 billion today to $4 trillion by the end of 2028. Of this, the proportion flowing into DeFi is expected to rise from roughly 3.5% currently to 30% by the end of 2030. Combined with the growth of crypto-native assets, the total value locked in DeFi could reach approximately $2.7 trillion, an increase of about 37 times compared to today.Kendrick believes that if Uniswap can successfully commercialize and establish sufficient partnerships with traditional financial institutions, its valuation multiple relative to trading fees could improve, narrowing the gap with centralized exchanges like Coinbase.Standard Chartered's projected price path for UNI is: $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. The bank also expects UNI to potentially outperform ETH and BTC during this period.
Bitcoin
Coinbase
Ethereum
Rise
Uniswap
Standard Chartered to Establish Gold Storage Facility in Hong Kong
According to Caixin, Jason Tsang, Head of Markets, Financial & Strategic Clients for Standard Chartered Hong Kong, Greater China and North Asia, stated that Standard Chartered is studying the feasibility of establishing its own gold vault in Hong Kong and is considering various site options.
Standard Chartered Bank:预计到2030年，DeFi锁仓资产将增至2.7万亿美元
According to Cointelegraph, Standard Chartered Bank forecasts in its latest research report that the total value locked (TVL) in decentralized finance (DeFi) will reach $2.7 trillion by the end of 2030—a roughly 37-fold increase from current levels—primarily driven by tokenized real-world assets (RWA) and on-chain liquidity for crypto-native assets.
ALLO
Cointelegraph
RWA Inc.
Xend Finance
U.S. Spot Bitcoin ETFs See Nearly $86 Million in Net Inflows in a Single Day
According to SoSo Value data, U.S. spot Bitcoin ETFs recorded net inflows of nearly $86 million last Friday, equivalent to approximately 1,350 BTC, with BlackRock's IBIT alone seeing net inflows of nearly $58 million. Standard Chartered's Head of Global Digital Assets Research, Geoffrey Kendrick, suggested that the recent ETF sell-off may be partly driven by some holders liquidating positions to free up cash for participation in SpaceX's IPO. Since October last year, U.S. spot Bitcoin ETFs have accumulated net outflows of $7.6 billion, including $3 billion in the first six months of 2026. Strategy remains the world's largest corporate holder of Bitcoin, with over 800,000 BTC in its treasury. Michael Saylor resumed Bitcoin purchases in early June, following sales by Strategy at the end of May.
Bitcoin
IBIT
InfinityBit
June
Strategy
Standard Chartered Analyst: Bitcoin Cycle Bottom Confirmed; Crypto Winter Officially Over
According to CoinDesk, Standard Chartered analyst Geoffrey Kendrick stated in a research report released on Friday that the bottom of Bitcoin’s current cycle has been confirmed at $59,000—representing a roughly 53% retracement from its all-time high of $126,000 reached on October 6—and declared, “The crypto winter is over; spring has arrived.”
Bitcoin
CoinDesk
Winter
GSR Receives FINRA Approval to Complete Broker-Dealer Acquisition, Accelerating Expansion of Institutional Crypto Business in the U.S.
According to The Block, crypto market maker GSR has received approval from the U.S. Financial Industry Regulatory Authority (FINRA) to formally complete its acquisition of Portland-based SEC-registered broker-dealer Equilibrium Capital Services, which has now been renamed GSR Securities. Xin Song, CEO of GSR, stated that this acquisition will strengthen its compliant broker-dealer platform in the U.S., with a focus on serving institutional clients. GSR previously disclosed plans to position its business as a “Web3 investment bank”; following the acquisition, it will further expand its tokenized financing services. Additionally, GSR has been highly active this year: in April, it launched the GSR Crypto Core3 ETF on Nasdaq; in March, it acquired token advisory firms Autonomous and Architech, and invested in Libeara—the tokenization platform under SC Ventures; last month, SC Ventures—the fintech investment arm of Standard Chartered Bank—became GSR’s first external shareholder and completed its investment.
Architech
Autonomous
based
Block
Equilibrium
GSR
Zodia Custody Receives Luxembourg Payment Institution License, Expanding Stablecoin Service Footprint in the EU
: Institutional-grade digital asset custody platform Zodia Custody has announced that it has obtained a payment institution license from the Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This authorization allows the company to compliantly provide custody and transfer services for electronic money tokens (EMTs, i.e., stablecoins) within the European Union.Zodia Custody stated that this approval represents a further expansion on its existing MiCA license, enhancing its digital asset service capabilities for institutional clients. The company believes that as the use of stablecoins in payment settlement, liquidity management, and corporate treasury operations continues to grow, stablecoin custody and transfer capabilities will become a core component of digital asset infrastructure providers.Founded in 2020, Zodia Custody focuses on the institutional client market. Its shareholders include institutions such as Standard Chartered, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. Following the approval of this Luxembourg license, Zodia Custody has now obtained relevant regulatory permissions in multiple jurisdictions, including the UK, UAE, Hong Kong SAR, Singapore, Australia, and the EU. (The Block)
Block
EarthMeta
Emanate
EtherMail
The Block
Union
Keyrock to Acquire Bankrupt Crypto Lender BlockFills for $3.25 Million, Subject to Court Approval
According to CoinDesk, Belgian digital asset services firm Keyrock plans to acquire bankrupt crypto trading and lending company BlockFills for $3.25 million. Keyrock has already been designated the “successful bidder” by the court, and final approval of the deal is pending at a hearing scheduled for June 16, 2026. BlockFills filed for Chapter 11 bankruptcy protection in March this year under its parent company, Reliz Ltd., reporting liabilities between $100 million and $500 million, while holding assets valued at only $50 million to $100 million. This acquisition would grant Keyrock access to BlockFills’ institutional client network—including hedge funds, asset management firms, market makers, and mining companies—as well as its proprietary technology and intellectual property. BlockFills processed over $60 billion in trading volume in 2025 and served approximately 2,000 institutional clients. Keyrock previously completed its Series C funding round, led by SC Ventures, the investment arm of Standard Chartered Bank, achieving a valuation of $1.1 billion.
Acquire
BlockFills
CoinDesk
June
Keyrock
Standard Chartered Reiterates Long-Term Ethereum Price Target of $40,000
According to Decrypt, Standard Chartered analysts stated in a report released on Thursday that Ethereum’s current price does not yet reflect its growing network transaction activity or the rising total value locked (TVL) in decentralized finance (DeFi). The bank reiterated its price targets of $4,000 by year-end and $40,000 by the end of this decade. The institution noted that Ethereum has already established dominance in the stablecoin and tokenized asset sectors and stands to benefit from Wall Street’s ongoing migration toward digital asset infrastructure. The report also indicated that if real-world assets (RWA) grow 50-fold over the coming years, on-chain transaction volume and TVL on Ethereum could continue to reach new highs.
ALLO
Decrypt
Ethereum
Long
Price
RWA Inc.