Swiss state-owned bank Postfinance to offer Bitcoin trading
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles. Go to Source Powered by WPeMatico
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SEC will conduct investor education events including ‘cautious’ approach to crypto
The financial regulator said the theme for 2023’s National Financial Capability Month was “investing for everyone,” but seemed to associate crypto with scams and fraud. Go to Source Powered by WPeMatico
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities. Go to Source Powered by WPeMatico
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried. Go to Source Powered by WPeMatico
Hong Kong fund plans to raise $100 million for crypto investment
The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups. Go to Source Powered by WPeMatico
Singaporean women ‘outperforming’ men in crypto trades, survey reveals
The survey also found that 24% of women have allocated more than 20% of their portfolios to crypto. Go to Source Powered by WPeMatico
Adoption and nerves — Crypto pumps amid banking crisis
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally. Go to Source Powered by WPeMatico
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth … Read more
European DeFi startups saw 120% increase in VC investment in 2022: Data
Despite the ongoing tumultuous market conditions, VC investments in European crypto startups hit an all-time high of $5.7 billion in 2022. Go to Source Powered by WPeMatico
Banking crisis pushed over $286B to money market funds in two weeks: Report
Many investors have rotated their portfolio investments due to the banking crisis in the past two weeks, injecting billions of dollars on money market funds in the United States. Go to Source Powered by WPeMatico