JPMorgan said that according to a survey, majority of its clients expect bitcoin to trade at $60,000 or more by the end of this year.The Wall Street giant said in a note published last week that 55% of the clients surveyed see bitcoin reaching the $60,000 barrier.According to the survey, 41% of the bank’s clients see bitcoin trading at $60,000 at year-end, 9% see it crossing … [Read more...] about Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End
Clients
TP ICAP Has Started Trading Crypto-Linked Exchange-Traded Products for Clients
The firm, which facilitates transactions between investment banks, hedge funds and other large financial institutions, has been trading in Europe for clients such as Goldman Sachs, Flow Traders and Jane Street, TP ICAP digital assets’ co-heads Simon Forster and Duncan Trenholme told CoinDesk in an interview. Source link … [Read more...] about TP ICAP Has Started Trading Crypto-Linked Exchange-Traded Products for Clients
Customers Bank Updates Logo, Details CBIT Token in Push for Crypto Clients
“We had to think about our more institutional business lines and our national presence as a tech-forward bank,” CEO Sam Sidhu said in an interview. “So, not only for our existing commercial and consumer customers, but also for our fintech customers, and now emerging for our digital asset and crypto customers through our real-time payments platform.” Source link … [Read more...] about Customers Bank Updates Logo, Details CBIT Token in Push for Crypto Clients
Israel’s New AML Rules May Help Banks Onboard Crypto Clients
“We hope that this order will significantly reduce transfer blocks and the denial of banking services experienced by crypto users and investors, and create a better atmosphere for investors, users and companies in the field,” said Youval Rouach, CEO of Israeli crypto exchange Bits of Gold, in a written statement. Source link … [Read more...] about Israel’s New AML Rules May Help Banks Onboard Crypto Clients
Ripple launches Liquidity Hub for enterprise clients with support for Bitcoin, Ethereum, and others
Global fintech giant Ripple announced that it has launched a new service called the Liquidity Hub.According to a blog post published on Tuesday, Liquidity Hub is a groundbreaking new way for enterprises to easily and efficiently source digital assets from the broader crypto market.Bringing cryptocurrency trading to enterprisesRipple’s latest service was designed to help … [Read more...] about Ripple launches Liquidity Hub for enterprise clients with support for Bitcoin, Ethereum, and others