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Cryptocurrency exposure

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

Basel Study Shows World’s Largest Banks Are Exposed to  Billion in Crypto AssetsA first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk exposure, cryptocurrency exposure is estimated […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH TrustsOn Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’