Standard Chartered has put a $500,000 Bitcoin price target on the table for 2030, and the market nudged higher in response – BTC climbing roughly 100 basis points to $67,500 as the forecast circulated. The number alone is striking; what’s more telling is that it comes from a bank with a $70 billion balance sheet, not a crypto-native research shop, and that it was delivered without a formal published note to anchor it. Standard Chartered’s $500K Call: The Institutional Logic Behind the Target Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, laid out the thesis during an appearance on the Milk Road podcast, citing a 2030 horizon for both Bitcoin at $500,000 and Ethereum at $40,000. No formal research note has been published to support the figures – the projections aired solely in conversation with host John Gillen, then spread through social clips