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Nalezeno "Wells Fargo": 41

Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares

11.5.2024
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction...

Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs

10.5.2024
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot

Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million

12.4.2024
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market...

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg

29.2.2024
Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter

Xbox Exec Teases A Free* Game Pass Tier

12.12.2023
Would you exchange time spent watching ads to gain access to Xbox Game Pass? Well, according to Xbox CFO Tim Stuart, Microsoft is considering such a move to expand its reach in more regions of the world. Read more

New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...

Today in Crypto: Binance Faces Issues in Australia & Joins Hands with TradingView, Ripple Reveals a CBDC Platform, Montenegro Prosecutors Appeal Do Kwon & Han Chang-Joon's Bail Terms

18.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Binance Faces Issues in Australia & Joins Hands with TradingView, Ripple Reveals a CBDC Platform...

Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

18.3.2023
Bitcoin has decoupled from stocks and rising ten years after the Cyprus banking crisis coincided with a BTC price boom

Wells Fargo's Top Analyst Predicts End of Stocks Bear Market – What Does This Mean for Cryptos?

14.2.2023
A top analyst at the major US bank Wells Fargo has predicted that the bear market in stocks is over for now – a prediction that could also be good news for crypto. According to Chris Harvey, a highly respected equity strategist at Wells Fargo, the latest pullback seen in the yield...

Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report

25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

22.12.2022
One of the biggest banks in America once again paid a billion-dollar-scaled fine for the illegal treatment of its customers

New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’

19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....

KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

10.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

Wells Fargo: Cryptocurrency Has Entered ‘Hyper-Adoption Phase’

13.2.2022
Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption” phase. “Cryptocurrencies have been following an adoption pattern similar to other new advanced technologies, such as the internet,”...

Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9

11.2.2022
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years

Is It Early or Too Late to Invest in Bitcoin: Wells Fargo Has 3 Tips for New Crypto Investors

8.2.2022
US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report's authors advise...