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Bitcoin News
Image Source - Bloomberg
Bitcoin News

CEO of the $2.6 Trillion AUM Company UBS, calls crypto an ‘untested asset category’

Ralph Hamers, CEO of UBS, has spoken in favor of cryptocurrency; referring to it as an ‘asset’. UBS Wealth Management, a Swiss multinational investment bank, and financial services company have over $2.6 trillion in total assets under its management. With the recent off-the-charts success of UBS, a comment in favor of crypto from the CEO

Ralph Hamers, CEO of UBS, has spoken in favor of cryptocurrency; referring to it as an ‘asset’. UBS Wealth Management, a Swiss multinational investment bank, and financial services company have over $2.6 trillion in total assets under its management. With the recent off-the-charts success of UBS, a comment in favor of crypto from the CEO

Bitcoin News
Bitcoin News

Deutsche Bank Refers to Bitcoin Value As “Wishful Thinking”, Global Banks Join Anti-BTC Rant

Bitcoin’s (BTC) plunge this week has not only shaken investors but also rattled banking institutions. While the institutional players continue buying the dips, the traditional banks have once again joined the anti-Bitcoin rant. Germany’s biggest banking institution published a note “Bitcoin: Trendy is the last stage before tacky,” on Thursday, May 20. While quoting fashion

Bitcoin’s (BTC) plunge this week has not only shaken investors but also rattled banking institutions. While the institutional players continue buying the dips, the traditional banks have once again joined the anti-Bitcoin rant. Germany’s biggest banking institution published a note “Bitcoin: Trendy is the last stage before tacky,” on Thursday, May 20. While quoting fashion