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Dan Morehead, the chief executive officer of Pantera Capital, recently discussed the cryptocurrency bear trend on an episode of the Unconfirmed podcast. Morehead argued that the crypto sector has much more robust fundamentals than it did during the previous bear trend, asserting that the industry has developed the infrastructure necessary in order to attract institutional … Read more
Fidelity has published an update announcing that its highly anticipated cryptocurrency exchange and custody platform, Fidelity Digital Asset Services (FDAS), has entered its “final testing” phase. The financial services provider also stated that it is exclusively serving a “select set of eligible clients” while developing the platform. Also Read: Properties Are Still Being Sold for Cryptocurrency … Read more
In today’s edition of The Daily we feature a number of stories about financial companies adding cryptocurrency-related services including a custody solution from Fidelity and new CFDs for trading BCH vs precious metals. We also cover the latest update about the ongoing Cryptopia hack. Also Read: Report: Two Hacker Groups Stole $1 Billion From Crypto … Read more
Over the last few months, there’s been a lot of talk about institutional money coming into the digital asset economy. On Tuesday, the institutional-grade cryptocurrency trading platform Caspian announced the end of its beta stage. Caspian claims 15 institutions are utilizing the trading platform and the firm expects to onboard 50 clients by the year’s … Read more
Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere … Read more
The Year of Bitcoin continued apace with Fidelity Investments Charitable collecting a whopping 22,000,000 USD in the world’s most popular cryptocurrency. Bitcoiners are known for their generosity, and Fidelity has developed quite a relationship with the ecosystem especially over 2017. Also read: Bundesbank Board Member: No Plans to Issue State-Backed Cryptocurrency Fidelity Investments Charitable Breaks … Read more
