Standard Chartered Plc & crypto

 

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Standard Chartered Is First Systemic Bank to Offer Spot Crypto

By Harry Wilson

July 15, 2025 at 11:26 AM GMT+1

Standard Chartered Plc said it’s the first global systemically-important bank to offer a spot crypto trading service, allowing corporate and institutional clients to buy and sell Bitcoin and Ether.

While some of its rivals have steered clear of crypto currencies, Standard Chartered Chief Executive Officer Bill Winters said on Tuesday that digital assets were becoming a “foundational” part of the world’s financial system.

“As client demand accelerates further, we want to offer clients a route to transact, trade and manage digital asset risk safely and efficiently with regulatory requirements,” Winters said in a statement.

The bank will initially offer spot trading for Bitcoin and Ether through its UK-based unit, with plans to roll out trading in non-deliverable forwards soon, according to the statement.

Standard Chartered said it is the first of the world’s financially interconnected banks to begin trading directly in crypto assets, having already set up a digital asset custody service for its institutional and corporate clients.

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AI or BTC

 There is great conspiracy theory! Binance founder Changpeng Zhao says Satoshi Nakamoto might be an AI from the future.

In a recent interview with social media influencers from Turkey, former Binance CEO Changpeng Zhao (also known as CZ) shared an interesting theory about where Bitcoin might have come from.

CZ suggested that maybe Bitcoin wasn’t created by a human at all. Instead, he said it’s possible that an artificial intelligence (AI) from the future made Bitcoin, and that AI might even be the mysterious Satoshi Nakamoto.

CZ said, "It might be software coming back through time," meaning the technology could have traveled from the future to our time. He admitted that it sounds hard to believe, but he thinks it could be one of the stranger possible explanations for who made Bitcoin.

Even though CZ shared this idea, he made it clear that he doesn’t actually know who created Bitcoin. He said he has never interacted with the real creator. While CZ knows some people who were around when Bitcoin first started, the true inventor is still unknown.

CZ also pointed out that if a group of people had created Bitcoin together, it would have been very difficult for them to keep their identities a secret. But if it was just one person, it would be easier for them to stay hidden.

Over the years, several people have been suggested as possible candidates for being Satoshi Nakamoto. Some of the names mentioned include Hal Finney, Nick Szabo, and Adam Back. There was even an HBO documentary last year that suggested Canadian developer Peter Todd might be Satoshi, but most people in the cryptocurrency community didn’t believe that theory.

Even though Bitcoin is already famous, the mystery of who Satoshi Nakamoto really is continues to be a major topic of discussion in the crypto world.

ChatGPT Prediction:

  Brackings at tradingview

The article from TradingView’s CryptoNews, published on June 9, 2025, discusses ChatGPT’s predictions for the price trajectories of four cryptocurrencies—Ethereum ($ETH), Cardano ($ADA), Sui Network ($SUI), and Bitcoin Hyper ($HYPER)—by the end of 2025. Fueled by Bitcoin’s recent surge to $111,814 on May 22, 2025, and broader market enthusiasm, ChatGPT forecasts significant growth for these altcoins based on technical indicators, project fundamentals, industry developments, and macroeconomic trends. The predictions include Ethereum reaching $10,000 (a 4X increase), Cardano hitting $3.50 (a 5X increase), Sui Network climbing to $5 (a 50% rise), and Bitcoin Hyper potentially achieving a 10X surge post-launch due to its innovative Layer 2 solution for Bitcoin.

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Breakdown

1. Ethereum ($ETH)

• Current Status: Second-largest cryptocurrency with a market cap exceeding $307 billion, known for its smart contract functionality powering the DeFi ecosystem.
• ChatGPT Prediction: Price could reach $10,000 by the end of 2025, a ~4X increase from its current $2,515.
• Supporting Factors:
  • Central role in Web3, ensuring resilience and adoption.
  • Upcoming service upgrades expected later in 2025.
  • Growing institutional interest via spot Ethereum ETFs.
  • Potential U.S. crypto regulatory framework under Trump, which could boost adoption.
  • Technical recovery from a falling wedge pattern, with a price jump from $1,800 to $2,412 by May 7, 2025, indicating whale activity.
• Market Context: Ethereum’s robust fundamentals and institutional backing make it a cornerstone of the crypto market.

2. Cardano ($ADA)

• Current Status: Valued at a $24.3 billion market cap, founded by Ethereum co-founder Charles Hoskinson, known for its research-driven, scalable, and sustainable blockchain.
• ChatGPT Prediction: Price could hit $3.50 by the end of 2025, a ~5X rise from its current $0.67.
• Supporting Factors:
  • Increased visibility, including Trump’s proposal to include ADA in a U.S. crypto reserve (via law enforcement seizures).
  • Bullish descending wedge pattern forming since late 2024, with a potential breakout by mid-2025.
  • Support near $0.67 and resistance at $1.10, with a possible rise to $1.50 by summer 2025.
  • Strong DeFi community and peer-reviewed development approach.
• Market Context: Cardano’s rigorous research and growing network position it as a strong Ethereum competitor.

3. Sui Network ($SUI)

• Current Status: A high-speed blockchain with up to 297,000 transactions per second (TPS) compared to Ethereum’s 15 TPS, currently trading at $3.32 (up 4% in 24 hours).
• ChatGPT Prediction: Price could reach $5 by the end of 2025, a ~50% increase.
• Supporting Factors:
  • Outperformed Bitcoin with a 199% price surge over the past year compared to Bitcoin’s 55%.
  • Emerging from a bullish flag formation (January–March 2025), signaling potential for growth.
  • Advanced smart contracts, scalability, and cross-chain interoperability innovations.
• Market Context: Despite a conservative forecast, Sui’s technical strengths position it as a contender to outperform Ethereum and Cardano in specific use cases.

4. Bitcoin Hyper ($HYPER)

• Current Status: A meme-infused Layer 2 solution for Bitcoin, using the Solana Virtual Machine (SVM) to enhance speed and scalability. Raised $821,823 in its presale.
• ChatGPT Prediction: Potential 10X surge at launch, though no specific price target is provided.
• Supporting Factors:
  • Addresses Bitcoin’s slow transaction speeds and high fees with instant BTC transfers via a Canonical Bridge.
  • Low gas fees enable diverse applications (dApps, meme coins, payments).
  • Audited smart contracts ensure trust and transparency.
  • High presale APYs (913%) and governance benefits attract early investors.
• Market Context: Combines meme culture with technological innovation, tapping into both speculative and utility-driven market segments.

Broader Market Context

• Bitcoin’s Role: Bitcoin’s rally to $111,814 on May 22, 2025, has sparked a “digital gold rush,” boosting altcoin enthusiasm.
• Macro Trends: Potential U.S. regulatory clarity under Trump could catalyze market growth. Institutional adoption (e.g., Ethereum ETFs) and whale activity further fuel optimism.
• Technical Indicators: Bullish patterns (falling wedges, flags) across these assets suggest breakout potential, supported by strong fundamentals and adoption trends.

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Key Takeaways

• Ethereum and Cardano are poised for significant gains (4X and 5X, respectively) due to their established ecosystems and upcoming developments.
• Sui Network offers a more modest 50% growth but stands out for its high TPS and technical innovation.
• Bitcoin Hyper is a high-risk, high-reward prospect, leveraging meme appeal and Layer 2 innovation for a potential 10X launch.
• The forecasts hinge on a bullish market cycle, regulatory advancements, and continued institutional interest, with technical patterns reinforcing near-term breakout potential.