AMINA Bank Posts Record $40.4M Revenue in 2024

Swiss crypto bank AMINA Bank AG, formerly SEBA Bank AG, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million. The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release. The Zurich-based … Read more

Whales Accumulate ETH as CEX Outflows Rise — $4K Ahead?

Key Notes ETH sees increased investor interest with a 40% jump in 24-hour trading volume. Large ETH withdrawals from exchanges by new wallets suggest strategic accumulation. Whales have collectively added over 1 million ETH in the past month, indicating strong institutional confidence. EthereumETH$1 84524h volatility:2.6%Market cap:$222.72 BVol. 24h:$14.22 B has been gaining momentum, now trading … Read more

Data and Trump help the dollar – ING

Yesterday, we noted that the dollar needed some positive data surprises to regain firmer footing, and May’s consumer confidence figures delivered. The index rebounded sharply to 98.0 from April’s 86, well above the 87 consensus, offering a tentative signal that the US-China deal – and, even more so, the equity rebound – have helped reassure … Read more

Nasdaq Firms to Raise Capital for Altcoin Acquisitions

Key Points: Key Point 1 Key Point 2 Key Point 3 Andrei Grachev, Executive Partner of DWF Labs, announced that Nasdaq-listed companies plan to raise capital for altcoin purchases, marking a shift in digital asset strategies. Grachev’s statement highlights a significant shift from traditional Bitcoin investments, encouraging broader crypto adoption among traditional finance institutions. Nasdaq’s … Read more