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Online Bank N26 to Offer Crypto Through Bitpanda's Trading Product
20.10.2022
Austrian N26 customers will be the first to have access to around 100 cryptocurrencies via the bank’s app, with more to follow in the coming months
Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment
20.10.2022
The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors...
UK inflation rate hits 10.1%, British Bitcoin community responds
19.10.2022
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom
Bitcoin se estanca y encuesta del Bank of America revela que el “dólar largo” es el favorito
19.10.2022
La encuesta realizada en octubre por el Bank of America a los administradores de fondos mostró que, por cuarto mes consecutivo, el “dólar largo” es lo más buscado
Bitcoin se estanca y encuesta del Bank of America revela que el “dólar largo” es el favorito
19.10.2022
La encuesta realizada en octubre por el Bank of America a los administradores de fondos mostró que, por cuarto mes consecutivo, el “dólar largo” es lo más buscado
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
19.10.2022
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy...
Eswatini Central Bank Partners With German Firm to Explore CBDC
19.10.2022
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its partner. An agreement signed by both parties aims to enable them to deepen their...
Major client demand the ‘tipping point' for BNY Mellon's crypto services
19.10.2022
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
19.10.2022
Nuri will maintain crypto trading services until the end of November, and has encouraged users to withdraw their assets before the mid-December deadline
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider
19.10.2022
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service...
Bank of America Survey: Young People 7.5x More Likely to Hold Crypto
19.10.2022
Young Americans aged between 21 and 42 are 7.5 times more likely to hold crypto in their portfolios than investors over 43, a new survey from Bank of America shows.
According to the survey, younger Americans with money to invest are also less interested in stocks than older investors, with...
Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
18.10.2022
Silvergate is no longer on track to launch its own Stablecoin this year, though CEO Alan Lane said the company continues to work closely with regulators on the matter
The New PS5, Xbox Custom Controllers Will Have You Breaking The Bank
18.10.2022
In 2015, Microsoft revealed the Elite Series Xbox controller, a premium gamepad for players who can recount their Call of Duty kill/death ratio faster than their Social Security number. An entire console generation later and Sony’s now getting in the game too with the DualSense Edge, a souped...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
16.10.2022
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists...
Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine
16.10.2022
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys...
Japanese Yen Plunges to 32-Year Low Against US Dollar — Another Intervention by Authorities Expected
16.10.2022
The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter foreign exchange markets for the first time since...
Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios
16.10.2022
Bank of America has found that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged 43 and older. “If the youngest cohort isn’t confident in stocks, where do they see opportunities for investment growth? Alternatives, including...
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
15.10.2022
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin,...
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price
15.10.2022
An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a lot about what benefits it actually brings,”...