Fidelity to Expand Presence in Europe after MiCA Implementation
The forthcoming MiCA regulation aims to introduce a uniform set of rules and guidelines for crypto assets that currently operate outside the scope of traditional financial regulations.
Digital Asset Exchange EDX Markets Launches with Backing from Charles Schwab, Citadel Securities, Fidelity Digital Assets
By John K. Kumi
The exchange will operate with a combination of a tighter spread, proven technology by MEMX, and the best practices found in the traditional financial market to ensure that retail and institutional investors in the US experience fast, secure, and efficient crypto trading.
Fidelity Wants to Hire More Staff Despite Bearish Market
The announcement comes barely a month after Fidelity Investment emerged as the first major pension plan provider to allow individuals to set aside a portion of their savings in Bitcoin by offering a dedicated 401(k) investment plan.
Fidelity Report Shows Bitcoin Cycle Could Be Far from Over, Bets on BTC Miners
Fidelity noted that the way miners are accumulating and the mining industry has revived post the ban in China, they are set for a long haul.
Fidelity Investments Expects Bitcoin (BTC) to Hit $100,000 by 2023
The Fidelity boss believes that the recent Bitcoin price rally is more sustainable and not just driven by short-term bulls. He also believes that Bitcoin doesn’t pose any threat to the USD.
Fidelity Planning to Expand Its Crypto Staffing by 70% This Year
By Juhi Mirza
Fidelity’s plan to increase its workforce has been credited to the growing demand for cryptocurrency transactions that the company has been dealing with on a day-to-day basis.
Top 7 Most Influential Women in Crypto
By Tolu Ajiboye
Coinspeaker is highlighting a distinguished group of women who have and continue to play key roles in the male-dominated crypto sector.
Fidelity Global Macro Director Says Bitcoin Will Over Time Take More Market Share from Gold
By John Kiguru
Fidelity global asset allocation director directly compared Bitcoin to gold, concluding the digital asset will over time take a bigger market share from gold.
Crypto Lender BlockFi Launches Bitcoin Trust
By Kofi Ansah
BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot.
Bitcoin Rally Drives Record Volume on AAX Exchange
Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.
Custody Business around Bitcoin Is ‘Incredibly Successful’, Says Fidelity CEO
By James Lovett
From the time it began Bitcoin mining operation in 2016, Fidelity has been working to bring the future of cryptocurrencies into the legacy world.
Fidelity Digital Assets and BlockFi Launch Bitcoin-Collateralized Cash Loans for Institutions
The penetration of Bitcoin in mainstream finance and the rising demand from institutions pushed Fidelity to come with offers of Bitcoin-backed cash loans. BlockFi will handle all the loan disbursement process while Fidelity Digital Assets will hold BTC as collateral in its custody.
Grayscale Registers Over $1 Billion Investment Inflow in Its Crypto Products during Q3 2020
During the Q3 2020, Grayscale raked-in over $1 billion worth of investments in its crypto products. The total inflow in Grayscale products so far in 2020 has surpassed its cumulative inflow of six years between 2013-2019.
Fidelity Launches New Bitcoin Index Fund for Institutional Investors
Fidelity aims to foray deep into the crypto market as the company files for a new Bitcoin-only fund for accredited and institutional players. The investment giant also published a survey showing rising institutional participation in the crypto market.
Fidelity Takes Over 10% in Bitcoin Mining Company Hut 8
Fidelity holds about 10.6% stake in Canadian Bitcoin mining firm Hut 8, according to a regulatory filing Fidelity’s investment in Hut 8 is significant since the asset management giant is known to be mining BTC since 2014.