The bank releases $2.7 billion in loan-loss reserves as economic outlook improves
Coinbase ($COIN): Another Crypto Stock HSBC Won't Touch - CoinDesk
An HSBC rep said the bank has “limited appetite to facilitate products or securities that derive their value from virtual currencies.”
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Even as more institutions embrace the cryptocurrency, five experts told Insider that bitcoin is not likely to be a method of payment in the future.
The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.
Bybit has pushed past CME in bitcoin futures open interest and sits just behind the global titan Binance, according to Skew.
Crypto exchange Coinbase has signed a sponsorship deal with esports Counter-Strike: Global Offensive (CS: GO) tournament organizer BLAST.
Inflows to crypto asset ETPs declined last week, but these products still account for a growing share of bitcoin trading volume.
Bitcoin held support around $50K and is now heading towards resistance around $56K. Charts show intraday rallies have been limited.
Goldman Sachs said the market shouldn't expect monetary-policy tightening anytime soon. If the analysts are right, it might be good for bitcoin.