ChainCatcher news, Deutsche Bank Managing Director and Macro Strategist Marion Laboure stated that the Trump administration's Bitcoin reserves are a continuation of many initiatives in the broader digital asset industry for 2024, and are more like a reclassification, with nothing new. However, there are still many unknowns regarding how it operates, as there is currently no information on the allocation of cryptocurrencies in the reserves, limited understanding of the asset portfolio, and little knowledge about the timeline. Cryptocurrencies as an asset class remain highly volatile, and many cryptocurrencies still carry certain risks, aside from Bitcoin and Ethereum.

ChainCatcher news, according to Jinshi reports, Deutsche Bank's research department expects that the Bank of England will cut interest rates four more times in 2025, bringing the rate down to 3.50%.However, the bank's economist Sanjay Raja stated in a report that the Bank of England is likely to keep the interest rate unchanged at 4.50% in its next decision on March 20.Raja said, "In our view, a 'gradual and cautious' approach is not conducive to consecutive rate cuts—especially in the context of rising overall CPI."LSEG data shows that the market expects a 92% probability that the Bank of England will keep interest rates unchanged in March, and that the Bank of England will cut rates two more times in 2025.

ChainCatcher news, according to Bloomberg, Deutsche Boerse's post-trade division Clearstream announced that it will begin offering cryptocurrency settlement and custody services for institutional clients starting in April this year.According to a statement released by Clearstream on March 11, the company plans to provide Bitcoin and Ethereum services to its 2,500 clients through its subsidiary Crypto Finance as a sub-custodian. Clearstream also plans to expand support for other cryptocurrencies in the future and offer services such as staking, lending, and brokerage.

ChainCatcher news, according to Jin10, Deutsche Bank analyst Marion Laboure stated: "If Trump's Bitcoin reserve plan lacks clear details, the volatility of cryptocurrencies may remain high. The timing, funding, and allocation are uncertain. The market is cautious, watching for gains if the plan progresses, and watching for losses if it stalls."

ChainCatcher news, according to Jin10, Deutsche Bank's economic team holds the most hawkish view on the Federal Reserve's policy for 2025 on Wall Street, predicting that the Fed will not cut interest rates this year. While this remains the team's official stance, Chief U.S. Economist Matthew Luzzetti acknowledged that the impact of Trump's new tariffs could jeopardize this forecast."You have certainly started to see some negative effects of trade uncertainty in the economic data," Luzzetti said, "If this impact broadens and is reflected in weak labor market data, the Fed may cut rates this year." However, Luzzetti stated that Deutsche Bank wants to see how long the tariffs will last before changing its forecast for the Fed.

ChainCatcher news, according to The Block, Deutsche Telekom has become a validator for the Binance Labs incubated project Injective, to help secure the Injective network and validate transactions.

ChainCatcher news, Deutsche Bank analyst Volkmar Baur stated in a report that if the upcoming data shows a further decline in U.S. corporate confidence, the dollar may fall.Many U.S. companies initially reacted positively to President Trump's election victory, but the situation changed in January. Businesses became uneasy about Trump's "bombastic" announcements and some of the reversals within them. Several confidence indicators for February will be released in the coming days, including the New York Fed manufacturing index. "If there is a further decline, the dollar may face increasing resistance."

ChainCatcher news, Hong Kong licensed virtual asset exchange HashKey Exchange has partnered with Deutsche Bank to add a Deutsche Bank deposit channel on the HashKey Exchange platform, further enriching the user trading experience.Through this collaboration, Deutsche Bank will provide fiat currency deposit and withdrawal services for HashKey Exchange. This service is based on Deutsche Bank's API virtual account solution. Users can directly deposit Hong Kong dollars (HKD) or US dollars (USD) into the virtual accounts managed by Deutsche Bank.

ChainCatcher news, according to Cointelegraph, Deutsche Börse CEO Stephan Leithner has called for the establishment of a permanent digital euro, pointing out that this central bank digital currency will play an important role in financial stability, efficiency, and EU autonomy.He believes that the launch of a permanent CBDC is a key element of the EU's digital agenda and an important part of its financial strategy.

ChainCatcher news, according to The Block, Deutsche Bank-backed Taurus has expanded its digital asset custody and tokenization services to the Solana network.

ChainCatcher news, according to CoinDesk, Deutsche Bank's latest report indicates an optimistic outlook for the world's largest cryptocurrency, Bitcoin (BTC), with prices expected to remain high in 2025. The report suggests that a more favorable regulatory and political environment in the U.S., increased institutional adoption, and the Federal Reserve's loose monetary policy will support Bitcoin prices.The report notes that the Trump administration's support for cryptocurrencies means that the current bull market will continue, and the president's ongoing support is key to the "continuation of the golden age of cryptocurrencies." Additionally, the SEC will establish a regulatory framework for digital assets, and the appointment of Paul Atkins as SEC chairman also indicates that regulation is shifting towards a more innovation-friendly direction.

ChainCatcher news, according to Cryptonews, the cryptocurrency trading platform Bison under the Boerse Stuttgart Group in Germany announced that Deutsche Bank has become its banking partner.This collaboration aligns with Bison's multi-banking strategy, allowing Deutsche Bank to secure Bison customers' euro balances. Bison confirmed that this new partnership will not disrupt its existing collaboration with long-term banking partner Solaris SE.

ChainCatcher news, the GBP/USD exchange rate fell to a two-year low on Monday, while the exchange rate against the euro hit a new low in 10 weeks, after which the pound rose. However, Deutsche Bank analyst Michael Pfister stated in a report that the pound remains vulnerable to rising bond yields and a weak economy, and is more susceptible to these factors than the euro.He noted that the pound is no longer one of the world's major reserve currencies, so if UK government bonds depreciate, investors "would be more willing to shift their reserves to other currencies until the turmoil ends." Pfister also mentioned that the Bank of England has limited room to cut interest rates, which means that economic growth in the UK may struggle to recover, and the pound will be affected as a result. (Jin Ten)

ChainCatcher news, Deutsche Bank released a report on this week's FOMC meeting, stating that the Federal Reserve meeting reinforced our fundamental view that the skip (rate cut) in January may turn into an extended pause (rate cut) in 2025. We continue to believe that the nominal neutral rate is around 3.75%, and the committee needs to maintain a restrictive stance relative to that level. Therefore, we reiterate our view that the federal funds rate may remain above 4% next year, with the baseline being no further rate cuts. The report also noted that some Federal Reserve participants have begun to incorporate the potential economic impact of President-elect Trump's policies into their forecasts, which could lead to higher inflation projections for 2025 and 2026. Regarding the labor market, Powell described it as solid but pointed out that the current level of job creation is below what is needed to maintain a stable unemployment rate. (Jin Shi)

ChainCatcher news, the German Digital Assets Company (DDA) has partnered with Heliad Crypto Partners to launch the DDA Heliad Dynamic Blockchain ETP (HELI) on the Börse Stuttgart, Germany's second-largest stock exchange.This new exchange-traded product (ETP) offers investors dynamically adjusted blockchain tokens, up to 13 types. The DDA Heliad Dynamic Blockchain ETP provides a new approach to cryptocurrency investment by tracking a dynamic index of leading blockchain tokens.

ChainCatcher news, according to Bloomberg, German financial giant Deutsche Bank is developing an Ethereum Layer 2 blockchain network based on ZKsync technology. The project aims to address the compliance challenges of public blockchains in regulated finance by improving transaction efficiency and enhancing regulatory compliance.This development is part of the Project Guardian initiative promoted by the Monetary Authority of Singapore (MAS), and Deutsche Bank's L2 network is named Project Dama 2. The project brings together 24 financial institutions to explore the possibilities of tokenizing blockchain assets.

ChainCatcher news, according to Bloomberg, Deutsche Bank launched a test version of its asset servicing pilot project Dama 2 in November. The platform includes Layer 2 access to Ethereum and aims to address the regulatory challenges financial institutions face when attempting to use public blockchains, such as the risk of inadvertently transacting with criminals or sanctioned entities.Dama 2 is part of the Monetary Authority of Singapore's Project Guardian, which involves 24 major financial institutions testing methods for tokenizing assets using blockchain technology. The Dama 2 platform was developed in collaboration with crypto companies Memento Blockchain Pte. and Interop Labs, built using ZKsync technology. The bank hopes to launch it as a minimum viable product (MVP) next year after obtaining regulatory approval.

ChainCatcher news, according to Solid Intel, Crypto.com announced a partnership with Deutsche Bank to provide corporate banking services in Singapore, Australia, and Hong Kong. The two parties plan to further expand the scope of cooperation in the future.