Bitcoin Drops Below $60,000, Lowest Since Late 2024, as Fed and AI Shift Weigh

Deutsche Bank Slashes Gold Price Forecast 22% Amid US Policy Concerns

Deutsche Bank Goes Live With zkSync Settlement Infrastructure for Real Transactions

Six Banks Boost Micron Targets Above $1,500 Ahead of Earnings, Crypto Smart Money Holds $21M Short

Major banks building a dedicated gold-clearing infrastructure signals that traditional finance is doubling down on gold as a settlement asset, potentially accelerating the development of blockchain-based gold tokens (e.g., PAXG, XAUT) that could bridge the gap between physical bullion and DeFi. Singapore’s move also competes with Hong Kong and London for bullion flow, which may reduce friction for gold-backed stablecoins in Asia, creating a parallel on-ramp that indirectly benefits crypto by teaching institutions settlement efficiency.

Gold

Singapore plans to launch a gold-clearing system this year, with JPMorgan Chase and Deutsche Bank participating to boost its status as a global bullion hub.

Singapore to Launch Gold-Clearing System With JPMorgan, Deutsche Bank

Singapore’s gold-clearing system is the stealth infrastructure for a JPMorgan/Deutsche gold-tokenization bridge

SWIFT vs. Blockchain: Why Big Banks Are Keeping Both Messaging and Settlement Rails

BIS Moves Project Agorá to Real-Value Testing With Visa, JPMorgan, UBS, Deutsche Bank

Deutsche Bank Economist Warns Fed Rate Too Low, Risks Inflation

Bitcoin

The discussion of tech stock rally sustainability and US vs China AI models reflects a key tension: AI-driven equity gains are increasingly questioned, while crypto remains correlated with high-beta tech. If macro headwinds (inflation, rate cuts delay) intensify, crypto could face further selling pressure as liquidity tightens.

Deutsche Bank executives Ozan Tarman and Aditya Singhal discussed macro risks, tech stock rally, and AI model comparisons in a recorded conversation at a live show in London.

Deutsche Bank Execs Record Macro, Tech Talk for Bloomberg Podcast

Deutsche Bank’s macro debate hints at a decoupling between crypto and tech stocks as AI and central bank policy diverge

The fact that a major institution's traders publicly dissect headline dissonance underscores a market regime where traditional correlations (e.g., tech rally vs. recession fears) are breaking down. For crypto, this means Bitcoin's correlation with equities may weaken, creating both opportunities and pitfalls as traders chase narratives rather than fundamentals.

Deutsche Bank traders Ozan Tarman and Aditya Singhal discussed how to interpret conflicting headlines and the tech stock rally in a live podcast recording at Wilton's Music Hall in London.