Crypto Currency

Investment giant Fidelity to launch crypto trading within weeks, report says

A common theme in cryptocurrency circles in the last couple of years has been the one of institutional investors entering the space. However, certain key players, including Intercontinental Exchange-backed crypto market Bakkt, have postponed their launch.  But a new, big player might join the fray soon. On Monday, Bloomberg reported that finance services behemoth Fidelity…


A common theme in cryptocurrency circles in the last couple of years has been the one of institutional investors entering the space. However, certain key players, including Intercontinental Exchange-backed crypto market Bakkt, have postponed their launch. 

But a new, big player might join the fray soon. On Monday,Bloombergreported that finance services behemoth Fidelity Investments will launch a cryptocurrency trading service “within a few weeks.”

According to the report, which cites a person familiar with the matter, Fidelity’s offering will focus on institutional customers only. In contrast, brokerage firm E*Trade is said to be launching crypto trading for retail investors, while another brokerage firm Robinhood already did so in December 2018. 

The news comes a few weeks after a survey, commissioned by Fidelity, has shown that 47% of institutional investors said digital assets such as Bitcoin are worth investing in. 

Fidelity told Bloomberg that it’s already offering Bitcoin to a “select s

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Bitcoin Price Today: BTC Up 30% From February Lows, iS $100K Next?

The post Bitcoin Price Today: BTC Up 30% From February Lows, iS $100K Next? appeared first on Coinpedia Fintech News Bitcoin has climbed more than 30% from its February lows and is pressing toward $80,000, turning sentiment sharply bullish across trading communities. One analyst who has tracked this structure for months says the excitement may

The post Bitcoin Price Today: BTC Up 30% From February Lows, iS $100K Next? appeared first on Coinpedia Fintech News
Bitcoin has climbed more than 30% from its February lows and is pressing toward $80,000, turning sentiment sharply bullish across trading communities. One analyst who has tracked this structure for months says the excitement may be arriving at exactly the wrong moment…
Read More

Continue Reading
Crypto Currency

Metaplanet Unleashes $50M Bitcoin Bet as 20th Bond Sale Fuels Massive Corporate BTC Accumulation

Key Takeaways: Zero-interest bonds of JPY 8 billion ($50 million) issued by Metaplanet to purchase more Bitcoin. The complete issuance of bonds was dedicated to EVO FUND, which prolonged the The post Metaplanet Unleashes $50M Bitcoin Bet as 20th Bond Sale Fuels Massive Corporate BTC Accumulation appeared first on CryptoNinjas…

Key Takeaways: Zero-interest bonds of JPY 8 billion ($50 million) issued by Metaplanet to purchase more Bitcoin. The complete issuance of bonds was dedicated to EVO FUND, which prolonged the
The post Metaplanet Unleashes $50M Bitcoin Bet as 20th Bond Sale Fuels Massive Corporate BTC Accumulation appeared first on CryptoNinjas…
Read More

Continue Reading
Crypto Currency

7 Reasons JPX Should Reconsider Its Proposed Digital Asset Exclusion From TOPIX

Bitcoin Magazine 7 Reasons JPX Should Reconsider Its Proposed Digital Asset Exclusion From TOPIX A closer look at why JPX’s proposed crypto-asset exclusion sits awkwardly inside a rules-based benchmark like TOPIX. This post 7 Reasons JPX Should Reconsider Its Proposed Digital Asset Exclusion From TOPIX first appeared on Bitcoin Magazine and is written by Nick

Bitcoin Magazine

7 Reasons JPX Should Reconsider Its Proposed Digital Asset Exclusion From TOPIX
A closer look at why JPX’s proposed crypto-asset exclusion sits awkwardly inside a rules-based benchmark like TOPIX.
This post 7 Reasons JPX Should Reconsider Its Proposed Digital Asset Exclusion From TOPIX first appeared on Bitcoin Magazine and is written by Nick Ward…
Read More

Continue Reading
Crypto Currency

Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge Downside Risk

Bitcoin Magazine Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge Downside Risk Nakamoto Inc. has introduced an actively managed Bitcoin derivatives program designed to earn income from market volatility while limiting downside risk, the company said Friday. This post Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge

Bitcoin Magazine

Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge Downside Risk
Nakamoto Inc. has introduced an actively managed Bitcoin derivatives program designed to earn income from market volatility while limiting downside risk, the company said Friday.
This post Nakamoto (NAKA) Launches Bitcoin Derivatives Program to Capture Volatility Income and Hedge Downside Risk first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
Read More

Continue Reading