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Standard Chartered Bank Warns BTC May Dip to $50K Before Bouncing Back, Lowers Year-End Target to $100K

2026.02.12 21:39:49

On February 12, Standard Chartered cut its Bitcoin price forecast for the second time in three months, slashing its year-end 2026 target from $150,000 to $100,000—a 33% reduction. In a report released today, the bank warned Bitcoin could drop to $50,000 before rebounding. Back in December, Standard Chartered had already trimmed its original 2026 target from $300,000 to $150,000.
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Figma CEO voluntarily waives $46 million in stock awards, aiming to restore investor confidence.

According to Bloomberg, Figma Inc. CEO Dylan Field has voluntarily waived approximately $46 million in company stock awards, a move aimed at restoring investor confidence amid concerns over disruption from artificial intelligence. In a filing submitted on Wednesday, Figma stated the waiver was voluntary and no replacement awards were issued. Field was originally scheduled to receive around 2.4 million Class B shares on July 1. Class B shares grant Field greater control over the company and can be converted at any time into Class A shares that trade publicly. On July 1, Class A shares closed at $19.49.

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Jack Dorsey’s Block Raises Full-Year Profit Guidance

According to Bloomberg, Block Inc. raised its full-year 2026 profit guidance on Wednesday. The company’s quarterly results beat expectations, driven by growth in its two core businesses: Square and Cash App. The digital payments firm, led by Jack Dorsey, now projects 2026 gross profit of $12.5 billion, adjusted operating revenue of $3.5 billion, and adjusted diluted earnings per share of $4.02. All three metrics exceed Block’s prior guidance.

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South Korea's KOSPI Index Plunges 5% in Intraday Trading

According to Bitget market data, South Korea's KOSPI index plunged 5.00% intraday, currently trading at 6265.99 points. SK Hynix fell 9.35%, and Samsung Electronics dropped 6.3%.

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Ethereum Foundation has deposited 2.675 ETH to Kraken, likely a transfer test.

According to Lookonchain’s monitoring, the Ethereum Foundation’s grant wallet deposited 2.675 ETH (valued at approximately $5,070) to Kraken and transferred 578.38 ETH (worth around $1.08 million) to a new Gnosis Safe Proxy wallet 12 hours ago.

9 minutes ago

Nanfang's 2x Leveraged Long SK Hynix Fund Falls Over 16%

，据 Bitget 行情数据，南方两倍做多海力士跌 16.02%，南方两倍做多三星电子跌 10.75%。

9 minutes ago

Ethereum Foundation moves 2.675 $ETH to Kraken, transfers 578.38 $ETH to new Gnosis Safe wallet

The #EthereumFoundation grant wallet deposited 2.675 $ETH($5.07K) into #Kraken and transferred 578.38 $ETH ($1.08M) to a new Gnosis Safe Proxy wallet 12 hours ago.

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