Tag: ubs

Jul 20 2021

May 21 2021

Deutsche Bank Refers to Bitcoin Value As “Wishful Thinking”, Global Banks Join Anti-BTC Rant

Bitcoin's (BTC) plunge this week has not only shaken investors but also rattled banking institutions. While the institutional players continue buying the dips, the traditional banks have once again joined the anti-Bitcoin rant. Germany's biggest banking institution published a note "Bitcoin: Trendy is the last stage before tacky," on Thursday, May 20. While quoting fashion The post Deutsche Bank Refers to Bitcoin Value...

May 14 2021

Why an Elon Tweet Sent Bitcoin Below $50k

PLUS: Vitalik thinks UNI should become a price oracle. The biggest news of the week came from the likeliest of places: Elon Musk’s Twitter account, where he tweeted out an announcement putting a halt on BTC purchases for Tesla vehicles due to the environmental concerns associated with Bitcoin’s proof-of-work consensus algorithm. Outside of Elon, Tesla, and Bitcoin, a few other big names made...

May 10 2021

Report: Swiss Investment Bank UBS Planning Cryptocurrency Offerings

May 10 2021 Published at Bitcoin Magazine under tags  business ubs

Swiss investment bank UBS Group AP is reportedly planning to offer cryptocurrency investments, which would likely include bitcoin exposure.Major Swiss investment bank UBS Group AG is reportedly planning to offer cryptocurrency investments, likely including bitcoin exposure, to wealthy clients.“The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan said,”...

Feb 17 2021

Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s Crypto

Feb 17 2021 Published at CoinDesk under tags  21shares etps goldman sachs jpmorgan news

The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.

Feb 16 2021

ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money

Feb 16 2021 Published at CoinDesk under tags  business ing bank pyctor ubs

The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.

Jan 22 2021

Cryptocurrencies Have Fundamental Flaws, Says UBS Economist

Paul Donovan said that crypto supply cannot be reduced in case of a slump in demand.

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