Deutsche Bank
SUI Beat the Market With Nearly 20% Rally; Deutsche Bank Survey Shows Crypto Is Here to Stay
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bitcoin surpassed $58,000 during Asian trading hours on the back of a U.S. tech stock rally. This comes as the SUI token beat the market with its nearly 20% jump. Plus, a Deutsche Bank survey finds that U.S. consumers are warming up to crypto, and the Bank of Russia wants the country's largest banks to support a digital ruble by July 2025.
Sam Bankman-Fried Will Take the Stand; Deutsche Bank Tests a SWIFT Alternative for Stablecoins
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including bitcoin's price action after a better-than-expected U.S. GDP report. Sam Bankman-Fried will take the stand in his own defense, which could happen as soon as Thursday. Deutsche Bank and Standard Chartered Ventures are testing a SWIFT alternative for stablecoins and CBDCs. Plus, JPMorgan’s digital token reportedly handles $1 billion worth of transactions a day.
Banks Take on Enterprise Blockchain; WeMade Entrusts Crypto to KODA
Banks are headlining blockchain and distributed ledger technology developments in Singapore as Deutsche Bank and Singapore and Hashtacs, or STACS, announce the completion of Project Benja, which tested an end-to-end bond lifecycle management. In Korea, game developer WeMade is entrusting its USD $130 million crypto holdings to the Kookmin bank-backed custody service KODA.
Bitcoin vs. Penny Stocks: How Do They Compare?
Many crypto investors seek to capitalize on bitcoin’s volatility, but how does BTC compare to another volatile asset: penny stocks? CoinDesk’s Galen Moore with data comparing their price performance and volatility. Plus, the results of a Deutsche Bank survey showing respondents with a mostly bearish bitcoin outlook.
