America's Oldest Bank, BNY Mellon, Doubles Down On Its Crypto Strategy
The oldest bank in the US, New York Mellon Corp., has joined another US-based financial giant State Street in order to develop "a platform to support the entire digital asset life cycle."
BNY Mellon CEO: I am ‘struck by’ to see how interested European CEOs are at investing in the U.S.
Robin Vince, BNY Mellon president and CEO, joins ‘Squawk on the Street’ to discuss Vince’s vantage point on deposit flows, the pent-up demand for foreign investors, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
World’s Oldest Bank Went All-In On Crypto #shorts
It came out recently that the BNY Mellon will now custody bitcoin and cryptocurrencies. This is a huge step forward for the adoption of this amazing technology.
Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
View open jobs in crypto: https://pompcryptojobs.com/
Enroll in my crypto academy: https://www.pompscryptocourse.com/
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
Website: https://anthonypompliano.com/
#AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto
MORGAN CREEK CAPITAL CEO DOUBLES DOWN ON $250K BITCOIN PREDICTION – HERE’S WHEN!!
�� Get $100 in FREE CRYPTO from iTrust Capital: (Sponsored)
1. Register here: http://itrust.cryptonewsalerts.net
2. Confirm your email.
3. Fund your account.
Morgan Creek Capital CEO Mark Yusko remains confident that the Bitcoin price is still going to reach $250,000 (as he has predicted several times in the past):
“I absolutely positively believe that Bitcoin is digital gold… I think it is a better form of value storage. I absolutely believe that. Gold – $10 trillion above ground. Half of it [is] in jewelry and chalices – that doesn’t count. The monetary value of gold [is] about $5 trillion.
So $5 trillion from [BTC’s market cap of] $400 billion today, that’s [a] 10x. [A] 10x from here at $20,000 is $200,000. Round it, my numbers are off a little bit, to that $250,000 number. Seems easy to me to get to $250,000 because you got a few lost or stolen coins. No problem…
Every halving we had a zero – first halving was $10, second halving was $100, third halving was a $1,000 [and] fourth halving was $10,000, so that means that next halving is $100,000.“
SUBSCRIBE TO THE #1 DAILY CRYPTO POD!
╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗
║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣
╠╗║╚╝║║╠╗║╚╣║║║║║═╣
╚═╩══╩═╩═╩═╩╝╚╩═╩═╝
————————————————————
follow all of these or else it’s back to McDonalds:
�� iTunes: https://itunes.cryptonewsalerts.net
�� Spotify: http://spotify.cryptonewsalerts.net
�� Twitter: https://twitter.com/CryptoNewsYes
�� Telegram: https://telegram.cryptonewsalerts.net
�� TikTok: http://tiktok.cryptonewsalerts.net
————————————————————
00:00 Welcome (Shout Outs)
03:04 Trending
06:24 iTrust (Sponsor)
07:09 Market Watch
09:25 Bitcoin Cards
12:17 JPMorgan & Visa Partnership
16:13 BNY Mellon
18:13 XRP Vs. SEC
22:50 Bitcoin Worst Case
25:43 Bitcoin $250K Prediction
29:16 Q &A
34:14 Big Finish
Shoutout to CFM Production for the beat I used during my welcome countdown: https://youtu.be/4D-LoMTbvx4
�� DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #bitcoinnews #cryptocurrency #btc
BNY Mellon Doubles Down On Its Bitcoin Plans Invests In Fireblocks
The oldest bank in the US, New York Mellon Corp., joined other investors and made a strategic investment in digital asset storage, transfer, and issuing platform Fireblocks. Today, Fireblocks said they raised USD 133 in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment from BNY Mellon and SVB.”Developing products to bridge digital and traditional assets is foundational to the future of custody,” Roman Regelman, CEO of Asset Servicing and Head of Digital at BNY Mellon, was quoted as saying in an announcement. As reported, in February, the bank said it will hold, transfer and issue bitcoin (BTC) and other unspecified cryptoassets on behalf of its asset-management clients later this year. Meanwhile, after raising USD 179m in total, Fireblocks said it “will continue to expand global resources to service the world’s biggest banks and fintechs and connect them to the entire crypto capital markets.””Engineering is going to be a major part of our spend,” Fireblocks’ CEO and Co-founder Michael Shaulov told Forbes, adding that the firm closely advises 50% of the top 70 banks in the world and is developing pilot products with five undisclosed multinational banks. The company claims that its platform allows banks and fintechs to deploy custody, tokenization, asset management, trading, lending, and payment solutions across public and private blockchain networks. Fireblocks said it serves over 200 financial institutions and has secured over USD 400 billion in digital assets. Per Forbes, over the past couple of months, the firm has onboarded 70 new clients and will likely have 80 new customers by the end of this quarter, twice more than forecasted.”While we have no plans to become a bank, we believe our infrastructure will lend itself perfectly to power an entirely new era of financial services,” Shaulov said in the announcement. Other investors in the company include Galaxy Digital, Paradigm, Swisscom Ventures, Tenaya Capital, and Cyberstarts Ventures.__Michael Shaulov discusses the security of cryptoassets on Bloomberg TV (December 2020):____Learn more: – ‘Time To Get Educated’: Morgan Stanley Brings BTC Funds To Rich Clients- JPMorgan to Offer ‘Crypto Exposure Basket’, but Criticized as Not ‘Crypto’- PayPal Acquires Bitcoin Custodian Curv__(Updated at 11:43 UTC with additional details about Fireblocks and their plans. Updated at 11:56 UTC with a video.)
All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/bny-mellon-doubles-down-on-its-bitcoin-plans-invests-in-fire-9590.htm
#fireblocks #cointelegraph #convertbitcointodollar #bitcoinprice #preciobitcoin #bitcoinsvnews #
