banking


Markets

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.

Berenberg prefers MSTR over COIN for crypto exposure. (Chris Liverani/Unsplash)

Finance

Xapo Bank to Enable Tether Deposits, Withdrawals

Earlier this year, the crypto-friendly bank introduced support for USDC.

Gibraltar (lutz/Pixabay)

Markets

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.

(Getty Images)

Markets

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

(Shutterstock)

Finance

'Operation Choke Point 2.0' Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says

What happened to Custodia Bank is "tragic" under the current administration's efforts to de-bank the crypto industry, BCB's Oliver von Landsberg-Sadie said.

Left to right: Catlin Long, Custodia Bank; Oliver von Landsberg-Sadie, BCB Group; Richard Booth, Fortress Trust Company; and Michael Casey, CoinDesk (Shutterstock/CoinDesk)

Finance

Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust

Joseph Seibert, formerly head of digital assets at Signature Bank, has brought over part of his risk and compliance team and a blockchain payments specialist.

Joseph Seibert, Fortress Trust Company (Joseph Seibert)

Finance

Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business

The New York-based bank has only $278.5 million in crypto-related deposits left, according to a filing.

(Paul Brennan/Pixabay)

Finance

U.S. Banking Crisis May Be Vindication for Crypto Ecosystem: JPMorgan

Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.

(Shutterstock)

Markets

Bitcoin Approaches $30K, Reaching Highest Price Since June

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

Arrow Up (Unsplash)

Opinion

3 Strategies Crypto Firms Can Use to Land a New Banking Partner

After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)