The CEO of HSBC Holdings plc, Europe’s largest bank and one of the largest financial institutions in the world, revealed that it is not planning to offer any form of cryptocurrency-related services to its customers. Bitcoin’s Volatility a Problem for…
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which…
The Canadian Evolve Bitcoin exchange-traded fund (ETF) is on course to join the Toronto Stock Exchange (TSE) under the name EBIT. The Exchange of Canada, which regulates all capital markets, granted it exempt status and will provide it to corporations.…
JP Morgan strategists opine that Bitcoin volatility needs to taper for prices to remain above $50k. In a note to investors on Feb 16, Nikolaos Panigirtzoglou and his team said BTC/USD price action is fragile with real risks of a…
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