Morgan Stanley offers access to Bitcoin funds
Morgan Stanley becomes the first major U.S. bank to offer its wealthy clients access to Bitcoin funds. The Bitcoin rally over the past year has seemingly put pressure on Wall…
Digital NFT artwork sold for $69 million
For the first time, a digital artwork in the form of a non-fungible token (NFT) was sold at a major auction house. The price of the painting by Mike Winkelmann…
What took place in calendar week 7 in crypto?
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads, and more. The weekly report in…
Tesla invests $1.5 billion in Bitcoin
The crypto tweets of Elon Musk, CEO of Tesla and currently the richest man in the world, gathered a lot of attention over the past few weeks. Now it has…
Insurance giant MassMutual invests $100 million in Bitcoin
One of the largest U.S. insurance companies, Massachusetts Mutual Life Insurance Company (MassMutual), is acquiring a minority stake in Crypto asset manager NYDIG, while making a $100 million Bitcoin investment…
Financial services provider Square invests 50 Mio. USD in Bitcoin
After Microstrategy, another company is allocating part of its liquid assets to Bitcoin. The financial services and mobile payment company Square, headquartered in San Francisco, announced that it has purchased…
U.S. postal authority files patent for a Blockchain-based voting system
Soon it will be November 3, the day when the U.S. will decide whether Donald Trump can take up his second term in office. In the presidential election, the postal…
US banks obtain permission to hold crypto-currencies
This week, the US supervisory authority, Office of Comptroller of the Currency (OCC), announced in an open letter that nationally licensed banks are allowed to offer custody services for crypto-currencies.…
InCore Bank cooperates with Kraken, one of the leading crypto exchanges worldwide
In line with its recently communicated strategy for digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Zurich/Schlieren, 3 July…
FED document discusses risks for commercial banks through CBDC’s
In a 32-page document entitled "Central Bank Digital Currency", the Federal Reserve Bank of Philadelphia examined the future of the monetary system in connection with digital central bank currencies (CBDCs).…