Goldman Sachs to Restart Cryptocurrency Trading Desk as Bitcoin Rally Continues gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world s biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3% at $46,588. The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months.
Bitcoin has risen about 60% from the start of the year, hitting an all-time high of $58,354 this month as mainstream companies such as Tesla Inc and Mastercard Inc embraced cryptocurrencies.
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by
Dalmas Ngetich
on
February 25, 2021 Adoption, Regulation
A 117-year-old Swiss private bank, Bordier & Cie SCmA, is incorporating Sygnum Bank’s B2B banking platform to extend its offerings and include cryptocurrencies, a
More Regulated Channels of Buying Bitcoin and Cryptocurrencies
As a result of this integration, their clients can now–in a regulated environment, buy digital assets like Bitcoin and Ethereum. They will simultaneously diversify using Sygnum’s digital asset management products.
The infrastructure merger enables the private bank’s clients to participate in the burgeoning digital asset space confidently with the assurance that their activities are compliant with existing laws.
Read more about Coinbase reveals healthy revenue growth, profit in listing application on Business Standard. The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public
Read more about Bitcoin tumbles 17% as doubts grow over starry valuations on Business Standard. The world s biggest cryptocurrency suffered its biggest daily drop in a month