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Full List of European Banks Opening Crypto Trading to Retail Clients
Yahoo Finance· 2025-10-03 10:02
European banks that offer crypto trading. | Credit: Pexels. Key Takeaways Major European banks are increasingly open to retail crypto trading. Some of the biggest players that offer the service include BBVA, Santander Group, and PostFinance. Retail banks can choose to build their own exchange or deploy a white label solution. It wasn’t long ago that large European retail banks wouldn’t touch crypto, which was mostly the preserve of private investment banks. But all across the continent, banks a ...
4 Crypto-Centric Stocks to Buy as Bitcoin Makes Steady Recovery
ZACKS· 2025-10-02 20:21
Market Overview - The cryptocurrency market is recovering after a decline, with Bitcoin rebounding to a seven-week high of $118,481 after previously hitting an all-time high of $124,496 in July and losing nearly 15% of its gains in September [1][4][10] - Market volatility has been influenced by concerns over a shrinking labor market and a slowing economy, but this is expected to be temporary, with Bitcoin anticipated to resume its rally as economic clarity improves [2] Bitcoin Growth Potential - Experts suggest that Bitcoin could reach between $160,000 and $200,000 this year if demand remains strong, supported by a recent partial government shutdown that may inject additional liquidity into the markets [5] - The Federal Reserve's recent interest rate cut of 25 basis points and indications of further cuts are expected to positively impact Bitcoin's growth [6] Crypto-Centric Stocks - **PayPal Holdings (PYPL)**: Expected earnings growth rate of 12.5% for the current year, with a Zacks Consensus Estimate improvement of 0.4% over the last 60 days, currently holding a Zacks Rank 2 [8][10] - **Robinhood Markets, Inc. (HOOD)**: Anticipated earnings growth rate of 47.7% for the current year, with a Zacks Consensus Estimate increase of 5.9% in the past 60 days, currently holding a Zacks Rank 1 [10] - **Interactive Brokers Group, Inc. (IBKR)**: Expected earnings growth rate of 11.4% for the current year, with a Zacks Consensus Estimate improvement of 2.1% over the last 60 days, currently holding a Zacks Rank 2 [12] - **Visa Inc. (V)**: Expected earnings growth rate of 13.7% for the current year, with a Zacks Consensus Estimate increase of 0.1% over the last 60 days, currently holding a Zacks Rank 2 [14]
North Korean Hackers Steal $21M From SBI Crypto, Laundered via Tornado Cash
Yahoo Finance· 2025-10-01 18:47
Core Insights - SBI Crypto, a subsidiary of SBI Group, suffered a $21 million hack attributed to suspected North Korean hackers, adding to a series of cyberattacks linked to North Korea's state-backed cyber units [1][5][6] Group 1: Incident Details - The breach was first identified by blockchain analyst ZachXBT, who noted suspicious outflows from SBI Crypto wallet addresses on September 24, 2025 [2] - Approximately $21 million worth of various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash, was drained from company-linked addresses [2][3] - The stolen funds were funneled through five instant exchanges before being deposited into Tornado Cash, a crypto mixer associated with laundering operations [3][4] Group 2: Context and Implications - The tactics used in the SBI Crypto theft resemble previous intrusions by North Korea's Lazarus Group, indicating a pattern in their cyber operations [3] - Despite the significant theft, SBI has not publicly disclosed the incident, raising concerns about transparency in the industry [4] - The use of Tornado Cash in the laundering process has attracted renewed scrutiny, especially after the U.S. Treasury sanctioned the mixer in 2022 for processing illicit funds [4][5] Group 3: Broader Trends - North Korean hackers have stolen over $1.3 billion across 47 incidents in 2024, with an estimated $2.2 billion stolen in the first half of 2025, highlighting the increasing sophistication and frequency of these cyberattacks [5][6] - Investigations reveal that North Korean cyber campaigns extend beyond hacking to include fraudulent employment schemes, indicating a broader strategy in their operations [7]
Altcoin ETFs Approved?! You Won’t Believe What’s Coming Next...
Coin Bureau· 2025-09-26 14:01
Regulatory Landscape & ETF Approvals - SEC approved generic listing standards, accelerating spot crypto ETF approval process [5][6] - These standards allow exchanges to list ETPs holding spot commodities without individual SEC approval, given criteria are met [6][7] - SEC considers almost every crypto a commodity, paving the way for altcoin ETFs [6] - Bloomberg analysts anticipate a wave of spot crypto ETP launches [8] - SEC is exploring an innovation exemption framework for DeFi platforms [11] - CFTC launched an initiative to enable trading of spot crypto asset contracts on registered TradFi futures exchanges [11] Altcoin ETF Market & Potential - Grayscale's Digital Large Cap Fund (renamed Coindesk Crypto 5 ETF) was approved, containing BTC, ETH, XRP, SOL, and ADA [9] - Rex Osprey listed ETFs for XRP and Dogecoin, with the XRP ETF having a strong opening day [10] - Potentially 12 altcoins meet SEC's minimum listing criteria due to futures listings on Coinbase, including LTC, BCH, DOGE, DOT, SHIB, AVAX, LINK, XLM, SOL, HBAR, ADA, and XRP [10] - There have been 91 altcoin ETF applications, with 11 already approved [10] Timeline & Impact - New ETF approval process (S1 form) has a 75-day approval window, potentially leading to approvals around December 1st [11] - Many pending altcoin ETFs have approval deadlines in mid to late October [11] - Short-term impact of altcoin ETFs is uncertain, depending on attention drawn to the altcoins [11] - Long-term impact depends on inflows these altcoin ETFs receive [11]
The Payments Giant That's Quietly Winning the Crypto War
Yahoo Finance· 2025-09-20 13:00
Industry Overview - The lines between traditional banks, fintechs, and cryptocurrency companies are increasingly blurred, with new stablecoin legislation allowing crypto companies to offer bank-like services [1] - Banks and payment providers are racing to integrate cryptocurrencies and blockchain technology into their operations [1] Company Analysis: PayPal - PayPal launched cryptocurrency services in 2020 and has steadily integrated crypto and blockchain into its operations [2] - PayPal has over 430 million active customer and merchant accounts, providing a significant advantage in the crypto space [4] - Despite the surge in cryptocurrency prices, PayPal's stock is down over 20% year to date, while Coinbase is up over 30% and Bitcoin is up 25% [4] - PayPal has faced serious competition, regulatory challenges, and wider economic uncertainty [5] - Key milestones for PayPal in the crypto sector include launching services for Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in October 2020, introducing Checkout with Crypto in March 2021, launching its own stablecoin PayPal USD in August 2023, and planning to launch PayPal World in July 2025 [7] - PayPal's extensive network, user base, and infrastructure may provide a competitive edge as crypto projects need to deliver results [8]
X @CoinDesk
CoinDesk· 2025-09-10 21:25
Crypto Market & Regulation - Grayscale files for three new crypto ETFs, including Litecoin, Bitcoin Cash, and Hedera offerings [1] - Belarus' President urges the country's financial sector to accelerate crypto adoption [1] Economic Indicators - The U S economy created nearly 1 million fewer jobs than previously reported [1] Media & Sponsorship - "CoinDesk Daily" is hosted by @JennSanasie [1] - @MidnightNtwrk sponsors the CoinDesk media network [1]
3 Crypto-Focused Stocks to Grab as Bitcoin Rally Gathers Steam
ZACKS· 2025-08-15 13:46
Cryptocurrency Market Overview - Bitcoin has reached a new all-time high of over $124,000, although it retreated to $120,000 shortly after [1][10] - Experts predict that the rally for Bitcoin is likely to continue, with expectations of new highs in the coming months [1][10] - The cryptocurrency market is currently valued at nearly $4 trillion, while the U.S. retirement market is approximately $43 trillion, with $9 trillion in 401(k) plans [6] Economic Factors Influencing Bitcoin - A recent producer price index (PPI) report showed a 0.9% increase month-over-month in July, which was higher than the expected 0.2%, causing some uncertainty regarding a potential Federal Reserve rate cut [3] - The consumer price index (CPI) rose only 0.2% in July, lower than the anticipated 0.3%, which has contributed to market optimism regarding a possible rate cut [4][5] - There is a 92.6% chance of a 25-basis-point rate cut in September, which is seen as a positive factor for Bitcoin's momentum [5] Investment Opportunities in Crypto-Focused Stocks - Interactive Brokers Group (IBKR), Robinhood Markets (HOOD), and PayPal Holdings (PYPL) are identified as stocks with strong growth potential due to their involvement in the cryptocurrency market [2] - IBKR has an expected earnings growth rate of 11.4% for the current year, with a Zacks Consensus Estimate improvement of 11.4% over the last 60 days [8] - HOOD is projected to have a 39.5% earnings growth rate for the current year, with a 23.6% improvement in earnings estimates over the past 60 days [12] - PYPL's expected earnings growth rate is 10.8%, with a 2.6% improvement in earnings estimates over the last 60 days [14] Regulatory Developments Impacting Crypto Adoption - An executive order from Trump could allow Bitcoin to be included in 401(k) retirement plans, which is seen as a significant step towards broader cryptocurrency adoption [5][6] - If implemented, this could integrate Bitcoin into the financial framework of the U.S. and promote long-term investment in digital assets [6]
X @Decrypt
Decrypt· 2025-07-11 21:32
Tether to End USDT Redemptions on Bitcoin Cash, Algorand and Beyond► https://t.co/xj932yGJWE https://t.co/xj932yGJWE ...
X @Decrypt
Decrypt· 2025-07-01 19:00
Bitcoin Cash hits 7-month high at $519, up 29% monthly on whale buying spree, but momentum may be cooling as big player activity drops 90%.Read more: https://t.co/if4Bwwpedd ...