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Microsoft, Intel, Accenture, Credit Suisse Group, UBS and others form a new blockchain alliance based on Ethereum. Ethereum Foundation, the body behind Ethereum has expressed its support for the alliance.
Credit Suisse has released two articles this month in which it says Bitcoin is three times more volatile than oil and 11 times more than the post-Brexit pound.
Deutsche Bank AG has agreed to a $7.2 bln settlement with the United States government for allegations of loan modifications.
As much as the financial establishment hates to admit it, Bitcoin is a major economic and technological advancement, and it's not going anywhere.
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In perhaps one of the more surprising interview statements from the banking industry, ex-CEO of UBS and Credit Suisse Oswald Gruebel has openly voiced his support for Bitcoin and distrust of fiat currency.
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