Citigroup's announcement follows JPMorgan's earlier disclosure of its plans to involve itself with stablecoins.
Standard Chartered says a $750 billion stablecoin market size could influence Treasury issuance and emerging market stability.
The bank's Global Head of Digital Assets Research, Geoffrey Kendrick, recently predicted that bitcoin would reach $135,000 by the end of Q3.
Vanguard, a $10 trillion money manager, has through its funds become the largest shareholder in Bitcoin stockpiler Strategy.
Circle's blockbuster IPO last month has brought crypto listings back into the spotlight, but the bigger question is what comes next.
On Monday, Metaplanet announced it had bought an additional 2,205 BTC for $239 million, bringing its total holdings to 15,555 BTC.
JPMorgan's upcoming application aims to set a single ecosystem for tokenized carbon credits that can address market fragmentation.
Deutsche Bank's custody project follows a growing institutional shift toward digital assets, driven by clearer EU rules under MiCA.
SoFi will reintroduce spot crypto trading and launch new crypto features after halting services in 2023 due to regulatory constraints.
The bank said it is a preemptive effort in preparation for the upcoming stablecoin consortium with seven other major banks in the country.
Ethereum has yet to see a material increase in activity despite recent successive upgrades, according to JPMorgan analysts.
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The outcome of the discussions will depend on how the U.S. stablecoin legislation turns out, the WSJ report said.
JPMorgan analysts say expectations that the stablecoin market could triple or quadruple in the near future are "far too optimistic."
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
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Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.
JPMorgan's blockchain unit Kinexys, Chainlink and Ondo Finance teamed up to test cross-chain settlement of a tokenized U.S. Treasuries fund.
FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients.
Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Eight of the largest banks in the Middle East and North Africa region are now using JPMorgan's Kinexys blockchain platform for payments.
The solution went live in the Netherlands, France, Spain, Ireland, Italy and Belgium, with plans to expand across the EEA, UK and U.S.
Standard Chartered's Geoffrey Kendrick predicts a new bitcoin all-time high around $120,000 in Q2, fueled by strategic reallocation away from U.S. assets.
Standard Chartered said bitcoin's primary role in a portfolio is to hedge against risks to the traditional financial system.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
JPMorgan says gold is attracting safe-haven demand from ETF and futures investors, while bitcoin is seeing the opposite trend.
Trump family's crypto ventures — including a planned stablecoin launch — could stall crypto regulatory advancements, according to TD Cowen.
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.