Swissquote Cuts Guidance as Crypto Income Falls 66%
Crypto exposure is a material earnings swing factor for Swissquote, while nearly 20% growth in client assets cushions the wider banking business.
Crypto regulation worldwide — government policy, court rulings, compliance frameworks, tax rules, and enforcement actions.
Crypto exposure is a material earnings swing factor for Swissquote, while nearly 20% growth in client assets cushions the wider banking business.
Crypto is moving from a trading question to a custody, tax and inheritance problem, creating a new test for wealth managers as younger beneficiaries expect collaborative, AI-assisted advice.
The divergence points to a more concentrated market, with large strategic buyers still closing major deals as smaller acquirers slow.
Policy and corporate catalysts remain conditional, while Bitcoin is boxed between $60K and $68K with momentum still tilted toward sellers.
The forecast hinges on XRP holding $1, rising XRPL activity, institutional ETF exposure and a favorable path for the CLARITY Act.
The surprise strengthens the disinflation narrative and can support rate-sensitive risk assets, while the Fed still weighs broader inflation and labor data.
CPI data and $125B in Treasury issuance make the $69K holder-resistance ceiling a macro test, not just an on-chain hurdle.
Temporary energy relief did not materially soften the Dollar Index, leaving Bitcoin with little macro support despite July's milder headline.
Beneath the $1 pin, $1.5B in leveraged longs piled in since August while spot volume thinned to $885M daily. A break below support risks a cascade; upside needs CLARITY Act news to justify it.
Hayes's trillion-dollar theoretical collateral pool only matters if the Fed first lifts FIMA's counterparty cap and then foreign central banks actually draw on the facility.
Goldman already had a Bitcoin Premium Income ETF on file with the SEC since April. Buying Neos, with over $1B already in BTCI, lets it leapfrog BlackRock's BITA on day one rather than waiting out a…
The proposed securities-registration off-ramp would move faster than the stalled Clarity Act, but a 2-3 month comment period and another vote still stand between proposal and adoption.
Three prediction-market platforms just received council letters over marketing aimed at younger users, landing days after the CFTC pulled Kalshi back from a state shutdown and a $36B NY AG suit.
The mistake is absurd, but the pattern isn't: a 2024 French tax-office breach turned crypto holders into fixed targets. Chainalysis counts at least 30 wrench attacks in France in H1 2026 alone.
Yepbit has no Australian Financial Services Licence and is not registered on AUSTRAC's VASP register, yet it told trapped investors that ASIC itself had frozen their money.
The order escalates a federal-state fight over prediction markets, with sports-betting authority and the reach of federal oversight at stake.
The warning shifts scrutiny from contract design to the incentives driving volume, putting wash trading and market manipulation at the center of compliance review.
A state-owned bank would hold the keys, making custody, the $58,000 ceiling and compliance rules central to legal access.
The hire lands as Polymarket's monthly volume runs at roughly a third of Kalshi's, the prediction-market field is being squeezed from both sides by regulators and a wave of new entrants.
Tax relief may help U.S. validators, but miners still point to cheaper power and faster permitting as the constraints that determine where capacity gets built.