In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to reign supreme as the most prominent digital asset. As the popularity and adoption of Bitcoin surges, it is essential to shed light on the top publicly-traded Bitcoin holders who have amassed…
$5.98 Billion Bitcoin Accumulated by Blackrock’s IBIT and Fidelity’s FBTC and more…
The landscape of spot bitcoin exchange-traded funds (ETFs) is witnessing a significant transformation. Recent data sheds light on the substantial accumulation of bitcoin by leading ETFs such as Blackrock’s IBIT and Fidelity’s FBTC. These movements are reshaping the cryptocurrency investment…
BlackRock and Fidelity: Dominating the Rise of Bitcoin ETFs in Mainstream Finance
In an unprecedented move, the US has recently greenlit the trading of several Bitcoin exchange-traded funds (ETFs), marking a significant milestone in the integration of cryptocurrency into mainstream financial markets. Among these, BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
Financial Giant Fidelity Affirms Bitcoin’s Superiority Over Other Digital Assets – Barrons
Fidelity Investments, a globally renowned asset management firm, is reinforcing its confidence in the potential of bitcoin as an unparalleled form of currency. In a recent white paper authored by Chris Kuiper and Jack Neureuter, researchers at Fidelity Investments underscore…
Fidelity identifies Ethereum and Solana as exemplary cases of thriving network effects and developer communities
In the rapidly evolving landscape of cryptocurrencies, Fidelity, a prominent financial services provider, has identified Ethereum (ETH) and Solana (SOL) as prime examples of success in the blockchain realm. These two smart contract platforms have demonstrated exceptional network effects and…
Fidelity Plans Major Push in the Digital Assets Sector With 100 New Hires
Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…
Fidelity-backed Crypto Trading Platform OSL is Finally Legal in Hong Kong
OSL is now legally authorized to run managed brokerage services, and automated digital asset trading services as the crypto trading network has finally secured a Hong Kong license. OSL, a central digital asset portal in Asia and a unit of…
ErisX raises 27.5 million in order to improve blockchain infrastructure
Crypto exchanges are not being left out this sales season with crypto exchange ErisX, raising 27.5 million from fidelity investments, NASDAQ ventures, among other investment firms. The NASDAQ is the world’s second largest stock exchange while US-based fidelity investments maintain…
Fidelity’s Heavy Endorsement Could See Crypto’s Stature as an Asset Class Solidifed
The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding…
Fidelity to Launch Cryptocurrency Platform in Early 2019
Fidelity Investments is working on launching a startup that will be dedicated exclusively to bringing cryptocurrencies to institutional investors. The project which will be dubbed, “Fidelity Digital Assets” the Boston based limited liability company will provide enterprise-grade custody solutions, a…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
