fidelity

Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program that is set up by IDEO CoLab Ventures, a venture arm from design firm IDEO.

Judging by recent news, Fidelity Digital Assets, the company which just recently announced that they are adding Bitcoin to their asset managing services, now is seeking for 10 new blockchain experts.

From around 14:00 UTC on July 10, Bitcoin fell $962 from its previous price in a little over an hour, landing just above the $12,000 psychological support before another wave of sellers dragged it to a peak low of $11,445.

Both the European and Asia branches of Fidelity International are exploring the perception of customers towards cryptocurrencies via a newly launched trading simulator specifically designed for digital assets.

Bitcoin breaches another important milestone extending its gains above $11,300 levels. With this, Bitcoin has rallied over 20% in just last one week.

Fidelity may soon enter into the nascent cryptocurrency market in a move expected to turn the tides. the $2.46 trillion behemoth asset manager is taking its time.

It seems that Morgan Stanley may be working on its crypto initiatives. The financial industry giant is currently watching how the situation with Fidelity unfolds.

The new bill by Wyoming classifies digital assets as property while legalizing its uses in other blockchain-based financial services.

Mike Novogratz has announced once more that he is confident bitcoin will become a store of value in future even overtaking gold for that purpose to become the ultimate digital gold.

Mike Novogratz, the chief executive of the TSX-listed Galaxy Digital, made a surprising remark that came straight out of left field saying that he doesn’t understand why large macro funds don’t have a 1% position in Bitcoin (BTC).