Bitcoin remains pinned below $8K as the 128 and 111-day moving average are on the verge of a bearish cross which could drop the price below $7,700. At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish […]
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American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll […]
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Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Murphy voiced […]
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Æ Ventures, an investment company providing initial funding to blockchain projects, announces that it’s Starfleet Accelerator program surpassed $1.6M in investments. Æ Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects, announced that it’s Starfleet Accelerator program surpassed $1.6M in investments and opened applications for the third round. Mentoring and […]
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FMR subsidiary one of several high-profile contributors of cash for blockchain analysis firm Elementus. Blockchain analytics firm Elementus has raised $3.5 million from backers including a sister company of crypto-friendly asset manager Fidelity Investments. Morgan Creek Digital leads fresh cash injection As Fortune reported on Sept. 23, Elementus, which launched its offering in 2017, also […]
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United States-based investment giant Charles Schwab will be steering clear of cryptocurrencies even as rivals such as Fidelity rush to embrace the new sector. United States-based investment giant Charles Schwab is — for now — steering clear of cryptocurrencies, even as rivals such as Fidelity rush to embrace the new sector. Schwab — the U.S.’ […]
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What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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Despite a bearish short-term outlook for Bitcoin price, next year’s halving event is one of the main factors for why some market analysts say $20,000 is in play. As Bitcoin dropped an additional 8% on Saturday, naysayers claim the rally to a new all-time high is over. So what is it that’s keeping market analysts […]
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ErisX cryptocurrency exchange has joined the Chamber of Digital Commerce, a blockchain-related advocacy group. The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX. Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital […]
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Most of Generation Z does not plan to buy cryptocurrency, according to the results of a recent survey. Generation Z does not plan to buy cryptocurrency, according to the results of a survey conducted by Business Insider released on July 5. Per the report, SurveyMonkey Audience partner Cint surveyed 1,884 U.S. residents between ages 13 […]
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