Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings

2022-11-18 13:44

The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.

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Why Standard Chartered says Ethereum (ETH) could pump to $35,000

While the Bitcoin or Ethereum debate rages on between early investors and maxis, London-based bank Standard Chartered already seems to have picked a side.  The bank, in a recent research note, said Ethereum could outperform Bitcoin over the next few years, even stating it ‘structurally’ values the world’s second-largest cryptocurrency by market cap at over […] The post Why Standard Chartered says Ethereum (ETH) could pump to $35,000 appeared first on CryptoSlate.

2021-9-10 22:00


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Trapped Between A Rock And A Hard Place, JPMorgan Quietly Unveils Access To Six Crypto Funds For Its Wealthy Clients

Despite JPMorgan’s Jamie Dimon is one of the most skeptical Bitcoin figures in the banking industry, it seems he has no choice but to join the Bitcoin bandwagon. According to a recent report, sources familiar with the subject disclosed that the bank reportedly instructed its financial advisors on Thursday to start placing private bank clients […]

2021-8-7 19:32


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Jack Dorsey’s Square Takes In Over Half A Billion Dollars From Cash App Bitcoin Services In Q2

Bitcoin, the largest cryptocurrency by market valuation and obviously the most publicized has also been largely adopted by investors and enthusiasts. However, some institutional investors have been slow to bank on the asset class due to fears of the asset’s high volatility which has been noted to be between 60% and 100% over its lifetime […]

2021-8-5 18:49


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Central bank records reveal the meeting between Coinbase CEO and Fed Chairman

Over the last few years, the cryptocurrency industry made many attempts to increase adoption and push for regulation. Crypto representatives and officials of various projects met with all kinds of government officials, lawmakers, major traditional traders and investors, and many others, trying to educate them about crypto, explain how it all works, its potential, and […] The post Central bank records reveal the meeting between Coinbase CEO and Fed Chairman appeared first on Invezz.

2021-7-4 11:15


Goldman Sachs Believes Ethereum Beats Bitcoin, New Leaked Report Reveals

Goldman Sachs Group Inc, an American multinational financial services company, has weighed in on the controversy between Bitcoin and Ethereum, emphasizing its support for the latter. Excerpts from the bank’s leaked Global Macro Research paper, posted on Twitter by Santiago Santos, General Partner at ParaFi Capital, showed the bank tackling and analyzing the key arguments […]

2021-5-25 20:07


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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach

RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major […]

2021-3-27 13:35


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Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies

Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin.

2021-3-2 14:15