Tag: Bank

CEO Confirms Bitcoin Exposure, Says Bank Is Still Navigating

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Reports say Goldman Sachs now holds a mix of crypto exposures that go beyond Bitcoin alone. Its chief executive, David Solomon, told an audience he owns a very small amount of Bitcoin while he watches how the market behaves. Related Reading That personal detail grabbed attention after investor Grant Cardone amplified the comment on social media, and it added another layer to what appears to be a deliberate, measured shift inside the firm. Token Holdings And Paper Losses Based on filings, Goldman Sach’s positions are spread across several major tokens.…

Bitcoin May Gain If AI Job Losses Trigger Bank Stress, Hayes Says

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Arthur Hayes has issued a stark market warning: he sees a growing split between his preferred risk gauge, Bitcoin, and the tech-heavy Nasdaq 100 as a signal that credit stress may be building under the surface. Related Reading Hayes, a co-founder and former CEO of cryptocurrency exchange BitMEX, calls Bitcoin a “fiat liquidity fire alarm” — an asset that reacts quickly when credit conditions change. A Warning From Market Signals When two assets that often moved together start to pull apart, traders take notice. Hayes believes that a gap like…

Stripe-Owned Bridge Gets OCC Conditional Approval for Bank Charter

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Stablecoin platform Bridge, owned by the payments processor Stripe, said it had received conditional approval to operate as a federally chartered national trust bank under the US Office of the Comptroller of the Currency (OCC). In a Tuesday notice, Bridge said it had received conditional approval from the banking regulator, allowing the company to “operate stablecoin products and services under direct federal oversight” once fully approved. Bridge said the charter would allow it to offer custody of digital assets, issue stablecoins and manage stablecoin reserves. “Our compliance framework already positions…

Germany‘s Central Bank President Touts Stablecoin Benefits for EU

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Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act. Joachim Nagel, president of Germany’s central bank, the Deutsche Bundesbank, supported the introduction of a euro-pegged central bank digital currency (CBDC) and euro-denominated stablecoins for payments. In remarks prepared for a speech at the New Year’s Reception of the American Chamber of Commerce in Frankfurt on Monday, Nagel said EU officials were “working hard” toward the introduction of a retail CBDC. Euro-denominated stablecoins, according to the central…

Bitcoin ‘Fakeouts And Shakeouts’ Liquidate Traders This US Bank Holiday

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Bitcoin round tripped gains after a spike to $70,000 as liquidity traps began to characterize BTC price action on the US bank holiday. Bitcoin (BTC) took out long and short positions during Monday as low-volume trading sparked short-term volatility. Key points: Bitcoin sees low-time frame manipulation clear both longs and shorts on the US bank holiday. BTC price action offers “breakouts and shakeouts” while staying in a narrow range. 2022 bear market comparisons continue, now focused on weekly RSI. BTC price liquidity squeezes shake out traders Data from TradingView captured…

Danske Bank Adds Bitcoin and Ethereum ETPs to Trading Platform

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Danske Bank enables customers in the EU to invest in bitcoin and ethereum via exchange‑traded products on its trading platform. Danske Bank announces that customers using Danske eBanking and Danske Mobile Banking can now buy selected exchange‑traded products (ETPs) tracking bitcoin and ethereum, offered by recognized providers and covered by Markets in Crypto‑Assets (MiCA) and […] Original

Ripple Wins Key UAE Bank Partnership To Support Digital Asset Infrastructure

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Ripple has secured a new strategic partnership in the United Arab Emirates (UAE) as the country continues to position itself as a regional hub for digital assets and blockchain innovation.  The company announced on Tuesday that it is expanding its relationship with Zand, a UAE‑based digital bank built around artificial intelligence (AI) and blockchain technology, to support the development of the digital economy through stablecoins and distributed ledger solutions. Expanded Ripple And Zand Deal  Under the collaboration, Zand and Ripple will work together on a range of initiatives centered on…

UK Central Bank to Launch Onchain Settlement Infrastructure Pilot

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The Bank of England has launched a new industry experimentation initiative to explore how tokenized assets could be settled using synchronized, atomic settlement in British pounds sterling as part of efforts to modernize the UK’s real-time gross settlement (RTGS) infrastructure. The Synchronisation Lab initiative will allow 18 selected companies to test delivery-versus-payment and payment-versus-payment settlement between the BoE’s next-generation RTGS core ledger, known as RT2, and external distributed-ledger platforms, in a non-live environment without using real money, according to a bank statement. The six-month pilot, scheduled to start in spring 2026, is…

Erebor Secures First New US Bank Charter of Trump’s Second Term

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The United States has approved a newly created national bank for the first time during President Donald Trump’s second term, granting a charter to crypto-friendly startup Erebor Bank. The Office of the Comptroller of the Currency (OCC) confirmed the approval on Friday, allowing the lender to operate nationwide, the Wall Street Journal reported, citing people familiar with the matter. The institution launches with about $635 million in capital and aims to serve startups, venture-backed companies and high-net-worth clients, a segment left underserved after the 2023 collapse of Silicon Valley Bank.…

Xapo Bank Data Shows Bitcoin-Backed Loans Skew Long-Term

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Bitcoin-backed borrowing at the Gibraltar-based Xapo Bank is increasingly being used for long-term financial planning rather than short-term liquidity, according to the bank’s 2025 Digital Wealth Report. Shared with Cointelegraph, the report says 52% of the Bitcoin-backed loans issued by Xapo in 2025 carried a 365-day term, with many of those loans remaining open even as new loan creation slowed later in the year. The bank, which primarily caters to high-net-worth individuals and private clients, said the trend reflects members using Bitcoin as collateral to unlock liquidity while preserving long-term…