When Main Street Banks Dabble in Crypto
Bloomberg Crypto23 Tammi 2023

When Main Street Banks Dabble in Crypto

Like most crypto-adjacent firms, fiat banks that diversified into crypto have struggled during the crypto winter. And this was likely the case even BEFORE crypto exchange FTX declared bankruptcy in November 2022.

We’ll find out exactly how many of them are doing in the coming weeks, as earnings reports trickle out.

But generally, banks that got into crypto benefited during digital currency’s rise, and have struggled since last spring, when the digital asset sector took a downward plunge.

In this episode, Bloomberg’s Max Reyes offers up a pre-earnings preview of these banks, and where they go from here.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Jaksot(224)

Cloudy With A Chance of Crypto Winter

Cloudy With A Chance of Crypto Winter

You could argue that crypto is no stranger to a recession: in fact, it was the financial crisis of 2008 that birthed the idea of Bitcoin In the first place. But this recession is a little different: i...

18 Heinä 202212min

From the Editors’ Desk

From the Editors’ Desk

Every day, around the world, the reporters and editors who work on crypto at Bloomberg wake up (often at the crack of dawn) and start figuring out how we’ll tackle the biggest and most important news ...

15 Heinä 202219min

Who Owns All the Bitcoin?

Who Owns All the Bitcoin?

Since the founding document that led to the invention of Bitcoin first appeared in 2008, Bitcoin’s true believers have adopted a philosophy that resembles “one for all and all for one." Bitcoin is oft...

14 Heinä 202220min

The Hunt For Zombie Coins

The Hunt For Zombie Coins

If you want an example of the intense optimism of certain crypto investors, here’s one: Some investors are still buying the token known as Luna Classic, which has flatlined towards zero in the afterma...

13 Heinä 202217min

Is There Value In Crypto’s Volatility?

Is There Value In Crypto’s Volatility?

Depending on who you ask, crypto’s volatility is either a bug or a feature. Wild, unexpected or aggressive price swings make this an asset class that is ill suited to anyone who’s less experienced at ...

12 Heinä 202215min

Jumping Into Crypto

Jumping Into Crypto

Jump Crypto burst onto the scene less than a year ago, with the appointment of a former intern named Kanav Kariya as its founding president. Within just a few months, Jump Crypto has found itself spen...

11 Heinä 202217min

Regulation Through Taxation in India

Regulation Through Taxation in India

It feels like every country in the world is figuring out how they want to regulate crypto - or if they’ll even allow it to exist at all.  India is seen as one of the fastest-growing markets for crypto...

8 Heinä 202218min

Are Your Baseball Cards on the Blockchain?

Are Your Baseball Cards on the Blockchain?

Sorare is one of several companies attempting to take the idea of collectibles like baseball cards and bring them into the digital context. In May, Sorare announced a partnership with Major League Bas...

7 Heinä 202219min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
viisupodi
tervo-halme
rss-vaalirankkurit-podcast
rss-podme-livebox
rss-girls-finish-f1rst
rss-pinnalla
otetaan-yhdet
aihe
et-sa-noin-voi-sanoo-esittaa
rss-asiastudio
the-ulkopolitist
rss-vain-talouselamaa
rss-ulkopoditiikkaa
radio-antro
rss-50100-podcast