银行 · 22244

Standard Chartered Bank: Bitcoin's target of $100,000 at the end of the year may be too low; recovery or acceleration after October 6

Comparing news, Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, said that Bitcoin may move to an all-time high of $126,000 before the end of the year, and the related recovery may accelerate after October 6. He said, “For the first time since this year, there is a risk that my forecast of $100,000 at the end of the year may be too low. Kendrick pointed out that the recent rise was mainly driven by short liquidations, but Bitcoin spot ETF inflows have also begun to recover. The current low volume of open positions may leave room for more investors to return to the market as prices rise. In February of this year, Kendrick lowered Standard Chartered's Bitcoin year-end target from $150,000 to $100,000, and Ethereum's target from $7,500 to $4,000. At the time, he expected Bitcoin to fall to around $50,000, Ethereum to fall to around $1,400, and then pick up for the rest of the year.

1m ago

Opinion: Changing key provisions of the Clarity Act would cause legislation to fail and should be passed as soon as possible

Comparing news, Summer Mersinger, CEO of the US Blockchain Association (Blockchain Association), wrote that there are less than four weeks left until the US Senate votes to advance the “Clarity Act” debate on September 15. Reopening the provisions that have been under negotiation for several months at this time will not improve the bill; on the contrary, it will restart the unfinished negotiation process, which may eventually lead to the failure of the legislation. Mersinger said that the two proposed revisions proposed by the American Bankers Association (ABA) — replacing the existing standard with substantially similar interest and removing the word “simply” were not simple text adjustments, but major policy changes. She pointed out that similar interest is essentially a flexible legal standard, which may allow regulators to expand the scope of interpretation; and removing Solely will change the scope of application of stablecoin income restrictions in the GENIUS Act and affect the policy boundaries previously set by Congress. Mersinger stated that ABA's concerns that stablecoins may cause bank deposits to be lost have no real basis. The data shows that since the GENIUS Act was passed, bank of America deposits have grown for three consecutive quarters, with a cumulative increase of more than 800 billion US dollars. She stressed that what is really needed to protect consumers is to establish a digital asset regulatory framework. The Clarity Act will clarify the regulatory boundaries between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), require registration of platforms serving US users, and implement customer asset isolation, information disclosure, and conflict of interest management rules. Mersinger finally called on the US Senate not to restart negotiations. The bill has been completed, the relevant work has been completed, and the Senate has an opportunity to push it forward on September 15, and it should be passed directly.

14h ago

Grayscale submits a fifth amendment to the US SEC, and Zcash ETF accelerates

In comparison, according to The Block, Grayscale submitted a fifth amendment to the US Securities and Exchange Commission (SEC) on August 21 to further advance its Zcash ETF listing plan. According to the latest application, the product will officially be renamed “The Zcash ETF”, with an annual management rate of 2.5%. It is planned to be listed under the code “ZCH” on the Arca section of the New York Stock Exchange. The custodian is Coinbase Custody Trust Company, and the transfer agent is Bank of New York Mellon. The ETF will be converted from Grayscale's existing Zcash Trust, which has been in operation since 2017 and currently has over $260 million in assets under management. Previously, in the fourth amendment application, a subsidiary of Grayscale's parent company Digital Currency Group had discussed injecting approximately 200,000 ZEC into the fund.

16h ago

[Comparative Daily News Picks] Anthropic plans to include anti-AI sentiment as the main risk factor in the prospectus; Strategy's stock price hit a two-month high, and STRC returned above $96; Bernstein: Even if the “Clarity Act” is not passed, the SEC and CFTC will speed up rule-making; Dalio: The US debt crisis may break out within three years, and it is recommended to increase gold holdings

Daily AI · Crypto · Macro · Market Highlights, Bitpush helps you set priorities ↓ AI · News [Anthropic plans to include anti-AI sentiment as the main risk factor in the prospectus]. According to CNBC, Anthropic is expected to list the public's negative sentiment about artificial intelligence and data centers as a risk factor in the IPO prospectus to be released in the next few weeks. According to people familiar with the matter, Anthropic recently held a pre-listing “market trial” meeting with bankers and investors. Investors focused on competitive pressure, the impact of open source models on profit margins, and the risks that may be brought about by a slowdown in data center construction. Anthropic is currently valued at close to $1 trillion in the private equity market and is preparing to hit a major IPO. However, as Americans' concerns about AI replacing employment and data center expansion heat up, the related backlash sentiment is becoming a new challenge facing the company's listing. The company has previously achieved an annualized revenue operating rate of more than 65 billion US dollars. [Apple cuts Siri and Vision Pro team positions, and resources shift to AI and new devices] Compared to news, Apple (AAPL.O) is laying off employees from various teams responsible for Siri's digital assistants and Vision Pro headsets. The total impact of this layoff is more than 200 people. Of these, about 100 jobs in the Vision Pro department have been abolished, and about 100 other positions in the Siri and software teams have been cut. The move is part of the company's efforts to focus resources on new devices and artificial intelligence. People familiar with the matter said that in this adjustment, Apple has basically shut down a team dedicated to the Vision Pro game business, while also reducing the size of the department responsible for producing immersive video content for the device. Apple admitted in a statement that the company is making adjustments to some teams “to drive business development and provide the best experience for users.” [Castle Securities: Over 80% of the overall risk in the Situational Awareness Fund portfolio has been divested] According to the Financial Times, Castle Securities founder Ken Griffin responded to the company's acquisition of Situational Awareness assets under Leopold (Leopold) in a letter to clients on Friday. According to a letter obtained by CNBC, Griffin told clients that Castle Securities had divested more than 80% of the overall risk in the original purchased portfolio by conducting more than 100 major transactions (with a market value of more than $4 billion). In his letter, Griffin wrote, “A transaction of this scale would not have been possible without the full cooperation of the transaction teams and lead brokerage teams of the banks serving the two companies. I am very grateful for their dedicated efforts to complete the portfolio transfer quickly.” Griffin also confirmed that the company's flagship multi-strategy fund, the Wellington Fund, had a return of 5.94% in July, which is the fund's best monthly performance since 2022. [AI cloud company Nscale seeks to raise 3 billion US dollars in US IPOs] In comparison, AI cloud company Nscale is reportedly seeking to raise 3 billion US dollars in a US IPO. In the crypto market [Strategy stock price hit a two-month high, STRC returned above $96], the Bitcoin treasury company Strategy (MSTR) stock price rose to a two-month high today as the Bitcoin price briefly broke through $79,400. It broke through $120 during the intraday period, then partially regained its gains. Meanwhile, the price of STRC, Strategy's preferred stock product, also surpassed $96 for the first time since June. Previously, STRC's price once fell below $70 due to concerns about its ability to pay dividends and the ability of the stock price to maintain the $100 target for a long time. [Bernstein: Even if the Clarity Act is not passed, the SEC and CFTC will speed up rulemaking] Comparing news, the Bernstein analyst team led by Gautam Chhugani released a report stating that regardless of the procedural voting results of the “Clarity Act” on September 15, the certainty of US crypto regulation is expected to increase. They expect the SEC and CFTC to accelerate rulemaking in areas such as native crypto asset issuance, tokenized stocks, perpetual futures, computing power derivatives, and predictive markets. This regulatory clarity of expectations has become one of the broader supporting factors in the crypto market. 【A...

18h agoBitpushNews#Compare Daily Picks

Castle Securities: More than 80% of the overall risk in the Situation-Aware Fund portfolio has been divested through large transactions

Comparing news, Castle Securities founder Ken Griffin responded to the company's acquisition of Situational Awarenes (Situational Awarenes) assets under Leopold (Leopold) in a letter to clients on Friday. According to a letter obtained by CNBC, Griffin told clients that Castle Securities had divested more than 80% of the overall risk in the original purchased portfolio by conducting more than 100 major transactions (with a market value of more than $4 billion). In his letter, Griffin wrote, “A transaction of this scale would not have been possible without the full cooperation of the transaction teams and lead brokerage teams of the banks serving the two companies. I am very grateful for their dedicated efforts to complete the portfolio transfer quickly.” Griffin also confirmed that the company's flagship multi-strategy fund, the Wellington Fund, had a July return of 5.94%, which CNBC previously reported was the fund's best monthly performance since 2022.

1d ago

Bezent's expansion of US bond repurchases is accused of “playing with fire,” and the US may repeat the depreciation of the Japanese currency

Comparative news: After the US announced this week that it would expand treasury bond repurchases, causing severe market shocks, investors began to compare it with Japan's policy. Measures taken by Japan to lower borrowing costs in the past have caused the yen to weaken for a long time. The US dollar is currently at a three-month low and is poised to record its worst weekly performance this month. The US Treasury unexpectedly announced in mid-week that it will double the scale of longer-term treasury bond repurchases. Robin Brooks, a senior researcher at the Brookings Institution, said that the US government's move is the “clearest sign” so far, indicating that the US is following Japan's footsteps and moving towards depreciation of the local currency. He said the US government is “playing with fire.” US bonds rose for a while after the news was announced, but since then they have regained their gains. Gold and other precious metals were higher. Steven Barrow, head of G10 strategy at Standard Chartered Bank, said that reducing bond yields through repurchases will only put further pressure on the US dollar, but it will not solve the fundamental problem driving the rise in yield, that is, the fiscal deficit. (financemagnates)

1d ago

Is crypto returning to secondary investment? Take stock of high-quality tokens that have been rated by Standard Chartered

Comparing the news, with Bitcoin's recent 3-day rise of 20%, investors are speeding up the pace of returning to the native crypto family. According to the data, contract trading volume on the Binance platform soared by more than 600% in 3 days, indicating that investors may be stepping up the deployment of secondary market crypto projects. Standard Chartered Bank gave several initial ratings to various crypto market targets in the second half of this year, and the pull effect was evident after most of the ratings. Along with the strengthening of the market, there is a positive feedback effect on the tokenomics of most projects, and related projects may benefit from the recovery of cryptography and increase in market capitalization. The rating items and target prices are summarized as follows: On June 16, Standard Chartered Bank's research report covered Uniswap for the first time and predicted that its UNI token could rise 40 times to $100 by the end of 2030; On June 23, Geoff Kendrick, head of digital asset research at Standard Chartered, predicted that AAVE may rise to $3,500 by the end of 2030, which is about 50 times higher than the level of about $70 when the research report was published. On July 1, Standard Chartered Bank rated Morpho for the first time, and the project's token price is expected to rise 33 times to $60 by the end of 2030; On August 10, Standard Chartered Bank's research report covered Chainlink for the first time and predicted that its LINK token could rise 25 times to $200 by the end of 2030 from around $8 currently. It is worth pointing out that yesterday, Standard Chartered Bank analyst Geoff Kendrick said that Bitcoin may rise to $100,000 by the end of 2026, and its current key technical level is $65,500. If it breaks through this level, it may confirm that a low point in the current cycle has occurred. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1d agoburnking

Standard Chartered: Bitcoin may hit $12.6 million by the end of the year, and the previous target of $10 million was too conservative

Comparing news, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, said that the forecast for Bitcoin to reach $100,000 by the end of the year may be too conservative, and the market is likely to challenge the historic high of $126,000 again before the end of the year. Geoff Kendrick said on Friday that the recent rise in Bitcoin was mainly driven by short liquidations, while cash inflows into spot Bitcoin ETFs have also begun to recover. Due to the low size of open positions in the current market, more investors may re-enter the market as prices rise, providing further impetus to the market. “For the first time this year, there was a risk that my year-end $100,000 forecast might be underestimated.” Kendrick said. Geoff Kendrick believes that Bitcoin's rebound momentum may accelerate further after October 6. Meanwhile, many market participants also believe that the bear market may be nearing its end. Swan Bitcoin CEO Cory Klippsten (Cory Klippsten) previously stated that Bitcoin may bottom out in October; 10x Research founder Markus Thielen (Markus Thielen) believes that if August closes at $63,000, it may confirm the formation of a bear market bottom. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1d agoburnking

They all say stablecoins are suitable for cross-border payments; is it really faster and cheaper than Wise?

Author: Jonah Compiled by: Saoirse, Foresight News Original title: Do cross-border payments really need stablecoins? Everyone says stablecoins are better suited for cross-border payments. Is that really true? If the recipient of your transfer wants stablecoins themselves, then stablecoins are indeed an excellent cross-border solution. You can transfer money around the clock at almost zero cost and instant settlement. But the more difficult question, which is also the focus of this article, is the cross-currency scenario: what happens when one end inputs US dollars and the other end exports foreign currency (such as Mexican pesos). Most crypto industry opinion leaders will claim that stablecoins can fundamentally reduce the speed and cost of transfers in this scenario. However, people who are optimistic about stablecoins deliberately avoid the fact that fintech companies have already achieved low-cost, high-efficiency businesses of the same kind, and there is no need for stablecoins at all. So what problem do stablecoins solve? This article will sort out how the traditional agency banking system works, and also analyze the innovations made by modern fintech companies such as Wise to clarify the actual value of stablecoins. The proxy banking business assumes Alice, who is in the US, wants to send a peso to her friend Bob in Mexico. Both banks do not have branches in each other's countries, so payments cannot be completed directly. The two banks need to use a larger bank, or correspondent bank, to establish a connection. Alice's depositary bank holds funds in US dollars at this correspondent bank called GlobalBank; GlobalBank also holds pesos at BancomX Bank in Mexico. After Alice initiated the transfer, her bank withheld the funds in her account and issued instructions to GlobalBank. GlobalBank transfers $100 from the dollars stored by Alice Bank, completes the exchange according to its own exchange rate, earns the exchange rate spread, then tells BancomX to credit Bob's account and deduct its own processing fee. The entire process relies on the SWIFT system to coordinate information, and SWIFT itself also charges for messages. This underlying transfer mechanism is expensive and slow. The root cause is that all layers of intermediaries are profiting from it. In an ordinary consumer remittance scenario, the comprehensive cost of the agent banking system is about 15%, including transaction fees and foreign exchange spreads embedded in the exchange rate. In addition to this, a transfer usually takes 1 to 5 business days to complete, and each intermediary takes time to complete its own operation process. Modern fintech solutions In 2011, two friends in London had complementary financial needs: one person earned in euros but needed pounds to live in the local area; the other received a salary in pounds and had to repay a mortgage in euros to Estonia. As a result, they bypassed banks and paid each other locally: the British pound was deposited into the London account, the euro was deposited into the Estonian account, and the two funds did not flow across the border. This system later evolved into Wise. The two founders believe that this model of hedging and offsetting capital flows can be implemented on a large scale, and this model has indeed worked. Many other fintech companies have taken the same approach. Let's take another example of Alice sending money to Bob, this time using a service similar to Wise. Alice transferred dollars to the fintech company's US account; the company used its own peso funds stored in Mexico to complete the payment directly to Bob. The funds did not cross the border from beginning to end. Alice's perception of a cross-border transfer is essentially a financial institution that receives and withdraws money at the same time. Because of this, the user experience was almost instantaneous, and the fintech company needed to bear the asset liability risks associated with holding large amounts of foreign currency. In order not to touch the traditional banking system as much as possible, fintech companies will distort transactions. For example, if other users remit pesos overseas in reverse, fintech companies can internally hedge off the two capital flows. Once a currency's capital pool is seriously unbalanced, it is only necessary to seek help from the traditional banking system. At the bottom, fintech companies cobble together partner banks and various license resources, and local partners handle regions that cannot be covered by their own business. Under the premise of normal operation, this model is far superior to the traditional system. Wise only charges a small, publicly disclosed processing fee, using the actual mid-market exchange rate, no hidden exchange rate spread, and the comprehensive rate is only 0.52% (this value is mixed with some transfers in the same currency, and the foreign exchange rate is not disclosed separately). According to World Bank data, the average ratio of digital remittance services...

1d agoForesight News#agent #AI #Claude #GPT #wallets

They are all stealing earlier data. Where exactly is VC Alpha hidden?

Author: insights4vc Compilation: Shenchao TechFlow Original title: Private Equity Market Intelligence Warfare Heats Up: In the AI Era, Where Did VC Alpha Come From? Guide to Deep Wave: Venture capital returns are extremely concentrated, and finding a good company in the early stages is almost the life and death line of a fund. This article breaks down the latest evolution of private equity market data tools and whether they can actually bring in excess profits. This is a sobering map for investors who are using AI and research tools to find projects. Venture capital has always been an information business. The advantage often lies in timing: founders tell former colleagues instead of updating data first; new companies start recruiting people before they appear in the database; investors start watching a team before the funding is announced. This advantage is important because VC returns are highly concentrated. According to data from the 2026 Oxford Academic Study, 4.5% of the investment amount contributed to a return of about 60% in a long-term LP data set. [1] Therefore, missing a few excellent companies can affect the entire fund. But finding them early is only part of the problem. Investors also need to develop beliefs, get credits, obtain meaningful holdings, and keep things right for a few years. The private equity market data industry is now getting closer to the moment the company was born. PitchBook, Crunchbase, Dealroom, Tracxn, and CB Insights remain core recording systems for transactions, funds, valuations, and company history. PitchBook generated revenue of $174.7 million in the second quarter of 2026, equivalent to nearly $700 million in annualized revenue. [2] The new platform is not replacing this layer. They're extending this layer with faster updates, behavioral data, and signals that predate traditional company records. Three changes stand out the most. First, companies such as Harmonic and Specter are building a continuously updated map of companies and people, rather than relying mainly on regularly updated data. Second, specialty products are looking for earlier behavioral signals. Evertrace tracks metrics formed by founders, including company registrations, technical activity, research, and domain names. Frontrun monitors changes in selected venture capitals' interest maps on X. Third, the API and Model Context Protocol (MCP) are moving this data into the fund's own software and AI workflows. Crustdata represents the infrastructure side of this market, while Affinity complements first-party relationship data from emails, calendars, and CRM events. Adoption is visible, but evidence of excess return on investment is not clear. Harmonic says hundreds of venture capital teams use its platform, and Specter reports more than 300 investment institutions, Evertrace more than 200 funds, and Affinity more than 3,300 private equity firms. Listed company Tracxn disclosed that it had 2,289 customer accounts in fiscal year 2026. [3] [4] [5] [6] Most of these figures are self-reported by companies. Vendors rarely disclose the complete set of companies unearthed by their models, making it difficult to assess accuracy, recall rates, false positives, and the economic value of individual leads. No single signal alone is enough. Employee departures may be early but vague. Company registration is objective but common. GitHub activities are valuable in developer-led markets, but have limited relevance in other areas. Hiring speed and employee migration provide broader signals, while revenue, customer, and usage data are often more valuable for decision-making, but come later. When several credible industry experts focus on the same company, investors' attention can provide early signs, even though this signal is platform-dependent and may reinforce itself. The strongest defensive sources are likely to be hidden deeper in the data stack: historical time series that cannot be reconstructed later, accurate physical analysis across people and companies, authorized first-party fund data, and distribution through CRM systems, APIs, and agents. Public data is not necessarily proprietary. However, five years of correctly time-stamped change history can become a proprietary asset. AI is more likely to make these infrastructures more easily queried rather than eliminate the need for them. As research, classification, and workflow costs drop, clean data, sources, and institutional context become more valuable. Investment decisions, quotas, and relationships are still not something a simple layer of automation can solve. The likely outcome is that a broader market for private market intelligence will emerge, rather than an independent search for project software categories. A mature database will increase discoveries and...

1d agoburnking