Banks News
Bitcoin Indicator Flips Bullish As Potential US Banking Crisis Looms, According to Analyst Jamie Coutts
Real Vision analyst Jamie Coutts says a key Bitcoin (BTC) indicator is suddenly flashing bullish amid fears of another US banking crisis. Th...
Singapore’s Multinational Bank DBS Denies Holding $650 Million in ETH, Following Nansen Post
The crypto hype machine experienced another glitch this week as on-chain data analytics platform Nansen erroneously raised hopes that Singap...
British Fintech Giant Revolut Eyes APAC Expansion as Australian Spending Soars
It’s been a positive start to 2024, with several key financial institutions entering the crypto scene. British payment goliaths Revolut ha...
JPMorgan Casts Doubt on Future Crypto ETFs Without Clear US Regulatory Guidelines, Despite Ethereum ETFs
According to finance firm J.P. Morgan, there’s not going to be an avalanche of crypto ETFs in the wake of the Ethereum spot ETF approvals ...
China Cracks Down On $1.9 Billion Underground Bank Using USDT For Foreign Exchanges
The Chinese hardline stance on cryptocurrency transactions has yet again come to the fore, with a prolific black market institution being di...
More Banks, Asset Managers Disclose Bitcoin ETF Holdings to the Tune of Billions of Dollars
What a week it has been – filing after filing reveals how asset managers, banks, pension funds and all sorts of financial institutions hav...
Wisconsin State Investment Board Allocates $141 Million in Bitcoin Amid Michael Saylor’s Call for $27 Trillion in US Pensions to Access Crypto
Banks, state investment boards and other companies are pouring money into Spot Bitcoin ETFs, filings show. Yesterday CNA reported that promi...
Major Banks in France, Canada, Switzerland Report Exposure to Bitcoin ETFs
Banks are increasingly moving to adopt Bitcoin, and many do so via the Spot exchange-traded funds (ETF) listed in the United States in Janua...
New Zealand Reserve Bank Suggests Potential CBDC Launch by 2030
The Reserve Bank of New Zealand (RBNZ) released a consultation paper on Wednesday outlining what its particular version of digital cash migh...
Banks Want to Buy BTC from Miners, Indicating Supply Shortage, Says Hut8 Mining CEO
Recent institutional interest in Bitcoin and the Spot ETFs—led by Larry Fink and his iShares IIBIT—seems to have triggered increased dem...
CommBank Faces Backlash for Blocking Customer Crypto Purchases
The banks don’t quite see the irony, do they? This week, Australia’s biggest financial institution, Commonwealth Bank, has come under fi...
ECB Officials Say Bitcoin Fair Value Still Zero Regardless of ETFs
Despite the Spot Bitcoin ETF approval in the United States there is nothing fundamentally of value with BTC, a report by two European Centra...