EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, today announced the successful launch of its digital asset market and the completion of an investment round with new equity partners. Founding investors, include Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and other major banks. Bitcoin ($BTC) and other cryptocurrencies were rising Tuesday with the dominance of the largest digital asset at historically high levels—something that may or may not bode well for sentiment across the crypto landscape.
PBN Research
Bull Run Beginnings
https://cointelegraph.com/news/4-things-spark-next-bitcoin-price-bull-cycle
The previous three Bitcoin halvings (in 2012, 2016 and 2020) have all preceded massive BTC price rallies and new all-time highs. For instance, BTC is up 276% since the previous halving in May 2020.
Deutsche Bank
https://blockworks.co/news/deutsche-bank-crypto-custody-license-germany
Deutsche’s application to BaFin is seen as part of a broader strategy to boost fee revenue for its corporate bank unit. This move aligns with its subsidiary asset management firm DWS’s efforts to expand income through offerings related to digital assets.
Obtaining a BaFin license allows crypto companies to confidently advertise and offer their services in the German market.
IMF Advances Global Digital Currency Platform
“CBDCs should not be fragmented national propositions. To have more efficient and fairer transactions we need systems that connect countries: we need interoperability,”