Deutsche Bank just launched digital asset custody for Bitcoin, Ethereum and USDC. Big banks are not waiting for the fear to end. 🏦
The KuCoin daily market report for 12 November reports Deutsche Bank launched its digital asset custody service, supporting BTC, ETH, USDC and other assets, with initial access for paying clients. 📊 This lands on a day when the Fear and Greed Index sits at 28, Bitcoin ETFs have bled for four straight sessions, and Bitcoin trades near 73,517 dollars, so the timing tells its own story. My reading is that this is slow structural building, not a price catalyst for today, because custody for paying clients does not buy Bitcoin tomorrow, but every large bank that builds the rails makes the next cycle easier to enter.
Does bank custody matter more than ETF flows for the next rally? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #Banks
The KuCoin daily market report for 12 November reports Deutsche Bank launched its digital asset custody service, supporting BTC, ETH, USDC and other assets, with initial access for paying clients. 📊 This lands on a day when the Fear and Greed Index sits at 28, Bitcoin ETFs have bled for four straight sessions, and Bitcoin trades near 73,517 dollars, so the timing tells its own story. My reading is that this is slow structural building, not a price catalyst for today, because custody for paying clients does not buy Bitcoin tomorrow, but every large bank that builds the rails makes the next cycle easier to enter.
Does bank custody matter more than ETF flows for the next rally? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #Banks
