Reports say Swiss banking giant UBS is planning to let a small group of its private bank clients buy and sell major cryptocurrencies. The step would open access to Bitcoin and Ethereum for people who have worked with the bank for years, not for every customer. Private Clients First According to a Bloomberg report, the…
Tag: banking
Ethereum Could Surge To $7,500 And Leave Bitcoin Behind, Banking Giant Says
Standard Chartered has pushed its base-case price target for Ethereum to $7,500 by the end of the year, a big jump from an earlier $4,000 projection. According to the bank’s digital assets team, growing demand from corporate treasury buyers and spot ETH products has driven the change in outlook. Bank Raises Ethereum Target The bank’s…
JPMorgan Eyes Crypto Services As Institutional Demand Grows – A Boost For BTC Price?
JPMorgan Chase & Co. is considering offering cryptocurrency trading services to its institutional clients, based on reports from Bloomberg and Reuters. The move is reported to be in early stages and has not been confirmed by the bank. Institutional Demand And Product Options Reports have disclosed that the bank is looking at a range of…
A New Vision For Money: Hoskinson Predicts Bitcoin Will Hit $10 Trillion
Charles Hoskinson, a founder of Ethereum and the driving force behind Cardano, laid out a sweeping forecast for crypto markets and payments this week. He predicted Bitcoin could reach $250,000 in the current market cycle and said the token’s total market value might hit $10 trillion in the next five years. Reports have disclosed that…