AGP Executive Report
Last update: 10 hours agoDigital-Asset Banking: Deutsche Bank has launched regulated Bitcoin and Ether custody for institutional and corporate clients in Europe, with plans to expand its digital-asset services. Bitcoin Under Pressure: Bitcoin slipped toward $73,000 as hotter US inflation strengthened rate-hike expectations and crypto funds saw heavy outflows. Stablecoin supply has also fallen by $14.2 billion in a month, tightening market liquidity. Index Fallout: MSCI will remove Strategy and Metaplanet from global benchmarks from December 1, putting passive investment flows at risk and adding pressure to companies built around Bitcoin holdings. Mining’s AI Pivot: MARA sold more than 13,000 Bitcoin for about $1.1 billion, using much of the proceeds to repay loans and free up collateral as it shifts toward AI. Fintech Funding: South Africa’s Yoco secured a $100 million facility to expand advances to small businesses, while African payments startup Lumepay raised $6 million to grow its cross-border services. Markets: The dollar climbed to a one-month high as traders priced in further Federal Reserve tightening.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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