Search results for Geoff Kendrick
Crypto
Standard Chartered sees Uniswap token UNI reaching $100 by 2030
Standard Chartered said Uniswap’s UNI token could reach $100 by 2030, arguing that growing tokenisation of real-world assets could make the decentralised exchange a core on-chain trading infrastructure. Digital assets head Geoff Kendrick said UNI may deliver gains exceeding bitcoin and ether. The bank highlighted rising volumes, fee income and token burns after the fee switch. It cited declining supply and projected growth in assets deposited or staked in DeFi protocols, while flagging competition and regulatory risks.
Crypto
Funds shift to semiconductors, AI as bitcoin suffers worst week since February
Bitcoin is down 13 percent so far in June, heading for its worst week since February as key narratives weaken and money shifts to other assets. Bitcoin spot ETFs logged net outflows for 13 straight sessions through June 4, the longest on record, while total ETF assets fell to $82.8 billion from $107.8 billion on May 14. Strategy disclosed a small bitcoin sale, and long liquidations rose to $594 million over 24 hours.
Crypto
Will crypto bear market end in 2026? Key factors experts watch
Bitcoin has fallen more than 40 percent, keeping the crypto market in a bear phase, as analysts cite key factors that could drive a rebound in 2026. They point to U.S. regulatory developments, including the GENIUS bill and the delayed CLARITY bill, which could broaden participation by banks and asset managers. Another focus is institutional demand tied to spot bitcoin ETF flows. Analysts also flag emerging ideas such as agentic finance and note the absence of large-scale industry collapses seen in 2022.