Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside

BTC

BTC/USDT

$65,835.95

+2.47%

$65,835.95

+2.47%

(24s)

24h Volume

$14,544,980,392.45

24h H/L

$65,995.00 / $63,678.83

Change: $2,316.17 (3.64%)

Long/Short

59.1%

Long: 59.1%Short: 40.9%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,872.47

▲ 0.19%

Volume (24h): -

Resistance Levels

Resistance 3$71,025.16

Resistance 2$68,137.57

Resistance 1$65,896.82

Price$65,872.47

Support 1$64,786.80

Support 2$61,834.89

Support 3$59,130.91

Pivot (PP):$65,740.49

Trend:Downtrend

RSI (14):42.1

CryptoSlate Editorial

(11:30 AM UTC)

1 min read

Reviewed byEmily Watson

1332 views

0 comments

The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody and administration, announced it would offer Bitcoin and Ethereum custody in Abu Dhabi. Weeks later, Standard Chartered confirmed it will fully acquire Zodia Custody, the digital asset custodian it incubated in 2020, with the deal expected to close by the end of August.

O…