Fidelity Might Add $2000 To Bitcoin Price, Says Analyst

Cointelegraph recently uploaded a video in which they interviewed Mati Greenspan, eToro Senior Market Analyst. Among other things, the participants talked about the arrival of Fidelity Investments, a much-discussed institutional investment firm. In the video, Greenspan spoke about the impact that Fidelity’s involvement would have on Bitcoin’s price – and the participants seemed to think that a $2,000 addition in […]

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50% Of Institutions Are Crypto-Friendly, Fidelity Survey Reveals

Fidelity Reveals Abounding Crypto Interest All things considered, many common Joes and Jills would think that it is irrational for institutions to be delving into digital assets. According to a recent survey conducted by Fidelity Investments’ Digital Asset division, however, such investors are clamoring for crypto and blockchain, Bitcoin (BTC) included. In a recent Medium post and accompanying document, the […]

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Over 20% of Institutional Investors Already Exposed to Cryptos, Survey by Fidelity Reveals

22 percent of institutional investors already have exposure to digital assets. This is according to a new report by Fidelity Investments, one of the largest asset managers in the world. The report goes against many crypto skeptics who have been quick to state that institutions are no longer interested in digital assets. The survey polled 441 institutional investors between November […]

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Torch Secured: Fidelity Investment's Crypto Division Joins Bitcoin Lightning Trust Chain

It isn’t a secret that the Lightning Network, a second-layer solution aimed at easing the qualms Bitcoin faces with scalability, has seen monumental levels of adoption as of late. The ecosystem has seen its maximum capacity swell over the 700 BTC milestone, cementing its viability as a system that provides cost-efficient, rapid, secure, and more private transactions. But this growth […]

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Daily Byte: Wednesday, December 5, 2018

Congressman takes on ICOs, Switzerland rejects crypto regulatory framework, and traditional financial firms back crypto exchange. Congressman Proposes Legislation to Regulate ICOs and Classify Crypto as New Asset Class Cleveland.com is reporting that a United States representative has proposed federal legislation that would create a regulatory framework for crypto-assets and ICOs. The bill, proposed by Rep. Warren Davidson (R-OH), has bipartisan […]

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Novogratz, Goldman Sachs Drop Millions on Crypto Custodians BitGo

Macro trader turned Galaxy Digital maestro Michael Novogratz and multinational investment powerhouse Goldman Sachs have announced multi-million dollar investments into digital assets custodian play BitGo.  Also see: nChain Publishes Release Candidate for Bitcoin SV Client Version 0.1 In Series B, BitGo Gets High-Profile Backers In their latest fundraising round, BitGo has secured $15 million USD between Michael Novogratz’s Galaxy Digital Ventures, […]

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Mike Novogratz: Bitcoin Rally Likely to Start in 2019

Photo: Pavlos Giorkas / Flickr Analysts in the cryptocurrency market just can’t stop talking about especially after its unprecedented rally last year. However, this year of 2018 has been a roller-coaster ride for Bitcoin investors. Moreover, due to the high unpredictability and volatility of Bitcoin, analysts have been shifting their target goal posts frequently. Just 20 days back from now, […]

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Fidelity Investment INC Enters Cryptocurrency Market

Fidelity Digital Asset LLC The company will be called Fidelity Digital Asset and will be a limited liability company that will provide cryptocurrency solutions such as custody, storage services, and customer service. The firm will be handling custody for cryptocurrencies such as Bitcoin and will execute a trade for multiple crypto exchanges for investors like hedge funds, family offices, and […]

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