Bitcoin is the largest crypto asset, and its rise is undeniable. Anthony Pompliano, a popular Bitcoin advocate and founder of Pomp Investments, believes Wall Street is overcomplicating the issue with BTC. Speaking on the topic, he laid out his thoughts…
XRP ETF Gains Traction as Wall Street Seeks New Opportunity
XRP, the digital currency behind Ripple Labs, has steadily gained prominence as one of the top cryptocurrencies globally. As its ecosystem expands and regulatory clarity increases, Ripple continues to attract attention from institutional investors and asset managers. The growing interest…
BNY Prepares Crypto Custody as Wall Street Targets Revenue
Bank of New York Mellon Corp. (BNY) is taking strategic steps to expand its role in the cryptocurrency market. As digital assets like Bitcoin and Ether continue to gain mainstream acceptance, BNY is pushing to offer custody services for crypto…
Blockchain Spurs Wall Street’s $13.2 Billion Asset Shift
Blockchain tokenization is transforming the financial landscape by converting real-world assets into digital tokens, offering enhanced liquidity, reduced transaction costs, and greater transparency. As blockchain technology progresses, it brings opportunities and challenges, especially in navigating the regulatory complexities of decentralized…
Bitcoin Mania on Wall Street: ETFs Soak Up 5% of Tradable Supply in 30 Days
Bitcoin mania hit Wall Street with full force as exchange-traded Funds (ETFs) absorbed a significant portion of the tradable supply. In just 30 days since the launch of the spot Bitcoin ETF, the cryptocurrency has surged back above the $48,000…
Crypto ETF Frenzy: Wall Street’s Gateway into Digital Assets
ETF marks the forefront of Anthony Pompliano’s recent insights within the crypto space. His perspective looks into Wall Street’s eagerly anticipated foray into cryptocurrency markets, prompted by the ETF’s imminent arrival. Pompliano’s observations illuminate the mounting excitement, cautious considerations amid…
BNY Mellon Offers New Crypto Asset Custody Platform
BNY Mellon, the world’s largest custodian bank, announced that it is now accepting select clients’ Bitcoin (BTC)and Ethereum (ETH) deposits. The bank got approval from New York’s financial regulator to offer cryptocurrency custodial services this fall. BNY’s CEO of Asset…
The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption
Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The…
New Index to Regulate Trading of Ethereum Futures at CME Group
Author – Sam Chicago-based CME group is living to the expectations of a large derivatives exchange company of its caliber. The operator is making preparations for a major milestone in the trading of a product in the ethereum futures. The…
Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent
Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…