Germany’s Sparkassen savings banks have launched a cryptocurrency trading service, allowing customers to buy and sell major digital assets through the group’s existing app without opening a separate brokerage account.
According to crypto-focused media outlet Odaily, the savings banks began offering the service on Oct. 19 through some participating institutions.
The service supports five tokens: Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL) and Polygon (POL). Trading fees are set at 0.99 euros per order. #BTC
JPMorgan Brings Deposit Token to Ethereum for Institutional Clients $5 trillion AUM JPMorgan Chase is launching its deposit token on Ethereum, extending the lender's push into blockchain payments as Wall Street grows more comfortable moving money on public networks. #ETH🔥🔥🔥🔥🔥🔥
$TSMB This post explains that a massive crash in Asian stock markets is being driven by a combination of semiconductor supply fears, negative U.S. inflation data, and rising geopolitical tensions. Here are the four core reasons outlined in the post: • Memory Chip Oversupply: A major South Korean financial newspaper warns that the current profitable boom in memory chips could reverse in 2-3 years (by 2029) as massive new supply comes online. • China's Rapid Expansion: Elon Musk warned that China will mass-produce RAM by 2028, pulling the oversupply timeline closer. China's CXMT aims to produce 500,000 wafers monthly by 2028, and Morgan Stanley estimates China will control 30% of new global DRAM capacity. • Hotter U.S. Inflation: U.S. September CPI rose to 3.7% (beating the 3.6% forecast), increasing the likelihood of a Federal Reserve rate hike. This triggered a six-day, $1.6 trillion selloff in U.S. chip stocks that has spilled over into Asia. • Geopolitical Oil Shock: Rising tensions and fears of a severe U.S. military strike on Iran are keeping oil prices spiked near $95 a barrel, further damaging market sentiment.