banking

Berenberg prefers MSTR over COIN for crypto exposure. (Chris Liverani/Unsplash)
MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg
Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.
Berenberg prefers MSTR over COIN for crypto exposure. (Chris Liverani/Unsplash)

Gibraltar (lutz/Pixabay)
Xapo Bank to Enable Tether Deposits, Withdrawals
Earlier this year, the crypto-friendly bank introduced support for USDC.
Gibraltar (lutz/Pixabay)

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Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.
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Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.
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Left to right: Catlin Long, Custodia Bank; Oliver von Landsberg-Sadie, BCB Group; Richard Booth, Fortress Trust Company; and Michael Casey, CoinDesk (Shutterstock/CoinDesk)
'Operation Choke Point 2.0' Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says
What happened to Custodia Bank is "tragic" under the current administration's efforts to de-bank the crypto industry, BCB's Oliver von Landsberg-Sadie said.
Left to right: Catlin Long, Custodia Bank; Oliver von Landsberg-Sadie, BCB Group; Richard Booth, Fortress Trust Company; and Michael Casey, CoinDesk (Shutterstock/CoinDesk)

Joseph Seibert, Fortress Trust Company (Joseph Seibert)
Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust
Joseph Seibert, formerly head of digital assets at Signature Bank, has brought over part of his risk and compliance team and a blockchain payments specialist.
Joseph Seibert, Fortress Trust Company (Joseph Seibert)

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Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business
The New York-based bank has only $278.5 million in crypto-related deposits left, according to a filing.
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U.S. Banking Crisis May Be Vindication for Crypto Ecosystem: JPMorgan
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.
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Bitcoin Approaches $30K, Reaching Highest Price Since June
The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following l...
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3 Strategies Crypto Firms Can Use to Land a New Banking Partner
After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman S...
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