{"id":107058,"date":"2026-08-20T00:24:12","date_gmt":"2026-08-20T00:24:12","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/107058\/"},"modified":"2026-08-20T00:24:12","modified_gmt":"2026-08-20T00:24:12","slug":"standard-chartered-makes-new-bitcoin-prediction-on-treasury-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/107058\/","title":{"rendered":"Standard Chartered makes new Bitcoin prediction on Treasury news"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">As\u00a0the U.S. Treasury <a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/gold-bitcoin-rally-as-u-s-treasury-makes-unexpected-bond-market-move\" data-ylk=\"slk:announced;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;announced&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">announced<\/a> at least doubling\u00a0the amount of longer-dated bond buybacks,\u00a0Standard Chartered analyst Geoff Kendrick made a new Bitcoin (BTC) price prediction in a note shared with <a href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-price-100k-standard-chartered-treasury-buybacks\" data-ylk=\"slk:Cointelegraph;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Cointelegraph&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Cointelegraph<\/a> on Aug. 19.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Investors should now be positioning for a move at $100,000 by year-end 2026,&#8221;\u00a0Kendrick predicted.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/over-1-billion-in-bitcoin-shorts-wiped-out-in-4-hours\" data-ylk=\"slk:Related%3A%20Over%20%241%20billion%20in%20Bitcoin%20shorts%20wiped%20out%20in%204%20hours;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Related: Over $1 billion in Bitcoin shorts wiped out in 4 hours&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Related: Over $1 billion in Bitcoin shorts wiped out in 4 hours<\/a>  <\/p>\n<p>        Treasury&#8217;s announcement &#8216;exactly the type of thing&#8217; Bitcoin loves,\u00a0Kendrick says          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Treasury announced on Aug. 19 that it will increase the maximum size of buyback operations targeting 10- to 20-year and 20- to 30-year nominal coupon securities from $2 billion to at least $4 billion per operation.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The larger buybacks will begin Sept. 9, with further guidance on future purchase sizes due at its next quarterly refunding on Nov. 4, the Treasury added.  <\/p>\n<p>            Popular on TheStreet Roundtable:              <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The latest move\u00a0is a measure designed to improve liquidity and reduce stress in longer-dated Treasuries.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">As per\u00a0Kendrick, the Treasury&#8217;s latest announcement is &#8220;exactly the type of thing Bitcoin loves.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">He underlined that the leading cryptocurrency has a historical tendency to benefit from government liquidity interventions and its fixed supply, which makes it resistant to monetary debasement.  <\/p>\n<p>    <a href=\"https:\/\/app.decibel.trade\/trade\/BTC-USD\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" height=\"453\" width=\"721\" class=\"yf-1f8hkhu loader\"\/><\/a> BTC\/USD, Source: Decibel           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The latest Treasury announcement led to Bitcoin rallying more than 5.5% over 24 hours to trade at $68,356 at the time of writing <a href=\"https:\/\/app.decibel.trade\/trade\/BTC-USD\" data-ylk=\"slk:as%20per%20Decibel;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;as per Decibel&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">as per Decibel<\/a>. The price move was in consensus with\u00a0Kendrick&#8217;s thesis.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/ripple-ceo-drops-new-hint-on-ipo-plan\" data-ylk=\"slk:Related%3A%20Ripple%20CEO%20drops%20new%20hint%20on%20IPO%20plan;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Related: Ripple CEO drops new hint on IPO plan&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Related: Ripple CEO drops new hint on IPO plan<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This story was originally published by <a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/standard-chartered-makes-new-bitcoin-prediction-on-treasury-news\" data-ylk=\"slk:TheStreet;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;TheStreet&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">TheStreet<\/a> on Aug 19, 2026, where it first appeared in the <a href=\"https:\/\/www.thestreet.com\/markets\" data-ylk=\"slk:MARKETS;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;MARKETS&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">MARKETS<\/a> section. Add TheStreet as a <a href=\"https:\/\/google.com\/preferences\/source?q=thestreet.com\" data-ylk=\"slk:Preferred%20Source%20by%20clicking%20here.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Preferred Source by clicking here.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Preferred Source by clicking here.<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"As\u00a0the U.S. Treasury announced at least doubling\u00a0the amount of longer-dated bond buybacks,\u00a0Standard Chartered analyst Geoff Kendrick made a&hellip;\n","protected":false},"author":2,"featured_media":107059,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[3408,25404,20677,44459],"class_list":["post-107058","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-bitcoin","tag-geoff-kendrick","tag-standard-chartered","tag-u-s-treasury"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117124993017624077","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/107058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=107058"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/107058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/107059"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=107058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=107058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=107058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}