UBS Chairman: Cryptocurrencies Are ‘Highly Speculative Investment Vehicles’
The chairman of Switzerland’s largest bank UBS warns against crypto, but sees potential opportunity in using blockchain tech Go to Source Powered by WPeMatico
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Germany’s Largest Bank Posts Q1 Profits Lower Than Major Crypto Exchange Binance’s Q2, Q3
Crypto exchange Binance’s last two quarterly net profits have outperformed Deutsche Bank’s just-posted first quarterly. #NEWS Go to Source Powered by WPeMatico
Deutsche Bank’s Wealth Management Arm Advises Against Buying Bitcoin
Cryptocurrency users have no love lost for financial institutions. This is especially true when it comes to Deutsche Bank, which is considered by many to be “too big to fail”. It now seems the bank’s Wealth Management arm is advising users not to invest in any cryptocurrency, especially not in Bitcoin. There are a lot of … Read more
World’s Largest Investment Company: ‘Interesting’ Bitcoin Is Under ‘Close Review’
The investment opportunities in cryptocurrency are not what BlackRock seeks at present, but that could change, a senior strategist has said. #NEWS Go to Source Powered by WPeMatico
Deutsche Bank: ‘Required Governance’ For Crypto ‘Could’ Arrive By 2023
Deutsche Bank has tweaked its bearish stance on cryptocurrency, a senior executive suggesting legitimizing regulation could appear within 5 years. #NEWS Go to Source Powered by WPeMatico
Deutsche Bank Analysts: Low Volatility on Wall Street Brings Investors To Crypto
Deutsche Bank analysts see a connection between a stable stock market and the rising prices in the crypto markets. #NEWS Go to Source Powered by WPeMatico
Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin
A growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto exchanges, offering leverage of up to 25x. Also read: South Korea Clarifies Position After Reports of … Read more
