UBS is considering offering bitcoin trading to a small group of Swiss private banking clients as the bank explores a crypto trading service with external partners.
Three finalists are competing for $1 million in seed capital at the Bitcoin Alpha Competition. Crowd-sourced fund managers are taking center stage at the world’s largest Bitcoin conference.
After a prolonged period of muted volatility, the bitcoin price had a violent swing to the downside, clearing more open interest than the FTX collapse.