Banks Down 99% In Value Against Bitcoin; Data Shows
Bitcoin now makes the world’s largest banks look literally worthless courtesy of new data showing returns on their shares. Banks Bite The Bitcoin Dust Published by research firm...
Wall Street Invests $20M to Bridge Blockchain With Capital Markets
Despite the bear market, and rising camp of naysayers predicting Bitcoin’s demise, Wall Street is steadily plowing funds into crypto. The latest blockchain company to catch...
Citigroup Creates New New Non-Custodial Bitcoin Product
Citigroup has reportedly developed a new way for institutional investors to gain exposure to Bitcoin without owning any, Business Insider reports September 10. Citi’s...
Barclays, Citigroup, and Other Big Banks Sign Up for a Trial...
Nine banking giants are taking part in an app store trial for programs which are based on distributed ledger technology (DLT), further showcasing their interest towards the field and...
Bitcoin and PayPal Shake Bank Stocks, According to Jim Cramer
Days after the Federal Reserve’s major announcement that it would hike short-term interest rates four times instead of three in 2018, bank stocks have failed to improve as...
Wells Fargo Halts Credit Card Cryptocurrency Purchases
Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit...
UK Bank Lloyds Doesn’t Want Anyone Buying The Bitcoin Dip
As prices tumble and the markets make a huge correction from their spike in early January, the banks are battening down their hatches. Leading UK bank Lloyds joined its counterparts in...
Big Banks Ban Bitcoin Buys – JPMorgan, Bank of America...
JPMorgan, Bank of America, and Citigroup are all putting a stop to Bitcoin purchases made using their cards, citing high risk due to extreme price volatility. Credit Card Declined With...