Normal Chartered lowered its 2026 Solana goal to $250 (down from $310) resulting from present market stress, however projected a long-term surge to $2,000 by 2030. The financial institution sees a shift from “memecoins to micropayments,” noting that Solana’s sub-cent charges and excessive pace make it the best rail forContinue Reading
Stablecoins may drain $500 billion from financial institution deposits by 2028, in accordance with Customary Chartered, threatening a major supply of low-cost funding for conventional lenders. Regional banks are most liable to shrinking revenue margins as prospects transfer funds to tokenised {dollars} for quicker funds and better yields, like Coinbase’sContinue Reading
Crypto exchange-traded merchandise recorded US$446 million in outflows for a second consecutive week, with Bitcoin and Ethereum merchandise experiencing the heaviest investor promoting. XRP-linked funds bucked the development by attracting US$70 million in inflows, primarily pushed by newly launched exchange-traded funds together with Franklin Templeton’s latest product. US Bitcoin ETFsContinue Reading
Normal Chartered and Coinbase are increasing their present partnership to construct complete crypto providers for institutional purchasers. The collaboration will discover choices like institutional buying and selling, prime brokerage, custody, staking, and lending with a deal with safety and compliance. The information reinforces Normal Chartered’s pro-crypto place, which not tooContinue Reading
