Bitcoin fund

US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients

US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that its cryptocurrency custody services are now live and available to its Global Fund Services clients. U.S. Bancorp, with nearly 70,000 employees and $559 billion in assets as of June 30, is the parent company of U.S. Bank, the fifth-largest bank in the country. The Minneapolis-based company serves millions

Bitcoin Looks Almost Exactly Like It Did Prior to the 2016-2017 Explosion

Bitcoin has seen a strong reversal over the past few days after it was once again rejected at $12,000. The leading cryptocurrency now trades for $10,500, trading around pivotal technical levels. BTC has yet to post a notable close above or below these pivotal levels, but traders are keeping a close eye on the charts. One analyst argues that Bitcoin’s recent weakness is actually just par for the course. He notes that from a macro perspective, BTC actually looks similar to where it was when it began the 2016-2017 exponential