Breaking news: Germany's second-largest bank DZ Bank (managing assets totaling $760 billion) has recently received official authorization to conduct Bitcoin and Ethereum transactions.
This move may seem ordinary, but the signals it sends are quite profound:
First, mainstream financial institutions in Europe are beginning to participate officially. This is not a small pilot bank testing the waters, but a genuine entry of systemically important financial players. When a national bank system managing over $760 billion in assets gives the nod, it indicates that compliance channels are fully open.
Second, institutional funds now have a legitimate way to enter the market. In the past, institutional investors' entry into the crypto space was somewhat gray-area, but now, through formal financial institutions' trading channels, funds can enter the Bitcoin market openly and legitimately. What does this mean? It signifies that traditional financial funds worth trillions are gaining entry permissions.
Looking at the bigger picture, Bitcoin is gradually being integrated into the traditional financial system. From Europe to the US, from funds to banks, institutional recognition of Bitcoin continues to grow. This is not just price-driven but reflects a shift in the entire financial ecosystem's attitude.
For market participants, such events are often signals of large-scale institutional deployment. When the gates of traditional finance open, the market often enters a new growth cycle.
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AirdropHunter
· 01-14 03:58
Coming back with the same routine? Every time it's "the gates open" and "trillions of dollars," but in the end, it's just retail investors taking the fall.
Wait, is this time real... 760 billion is indeed frightening.
Now even the Americans can't sit still, haha.
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MetaverseLandlord
· 01-14 03:55
Wait, are the big banks with a total of $760 billion all in? Now traditional finance is really panicking.
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It's the same old story, every time they say trillions of dollars are about to enter, but what happens?
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German banks are a bit late to move; the US side started long ago.
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Opening the compliance channels is a good thing, but will they dump the market as soon as they open?
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This is the real institutional bottom-fishing signal; I'm going all in.
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No matter how nicely they put it, it doesn't change the fact that I'm trapped.
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Europe is just following the US, nothing new, the key is how high Bitcoin can go.
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Trillions of dollars have made my ears numb; it's better to see how many points it can rise today.
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LoneValidator
· 01-14 03:43
Big banks are really starting to get serious this time, not just experimenting anymore
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Wait, does this mean I need to accelerate my entry?
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Smooth entry, traditional finance has finally humbled itself
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Talking about $760 billion, how many zeros are behind that?
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The moment the compliance channels open, I knew the story was about to begin
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Forget it, just wait for institutional funds to lift the banner
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Bitcoin being integrated into the financial system? This day has finally come
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I have to say, Europe's financial system is waking up faster than I expected
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On the eve of institutional entry, can’t miss this signal
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The recognition from traditional finance continues to rise, next we’ll see on-chain data
Breaking news: Germany's second-largest bank DZ Bank (managing assets totaling $760 billion) has recently received official authorization to conduct Bitcoin and Ethereum transactions.
This move may seem ordinary, but the signals it sends are quite profound:
First, mainstream financial institutions in Europe are beginning to participate officially. This is not a small pilot bank testing the waters, but a genuine entry of systemically important financial players. When a national bank system managing over $760 billion in assets gives the nod, it indicates that compliance channels are fully open.
Second, institutional funds now have a legitimate way to enter the market. In the past, institutional investors' entry into the crypto space was somewhat gray-area, but now, through formal financial institutions' trading channels, funds can enter the Bitcoin market openly and legitimately. What does this mean? It signifies that traditional financial funds worth trillions are gaining entry permissions.
Looking at the bigger picture, Bitcoin is gradually being integrated into the traditional financial system. From Europe to the US, from funds to banks, institutional recognition of Bitcoin continues to grow. This is not just price-driven but reflects a shift in the entire financial ecosystem's attitude.
For market participants, such events are often signals of large-scale institutional deployment. When the gates of traditional finance open, the market often enters a new growth cycle.