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

Crypto Currency

Samsung makes it easier to buy Bitcoin on its phones

Samsung is diving deeper into cryptocurrencies.  On Thursday, the smartphone company announced a partnership with cryptocurrency exchange Gemini, making it easier for users in the U.S. and Canada to buy cryptocurrencies such as Bitcoin on Samsung phones.  This is done through Samsung’s Blockchain Wallet, which now integrates with the Gemini mobile app, allowing users to…

Samsung is diving deeper into cryptocurrencies. 

On Thursday, the smartphone company announced a partnership with cryptocurrency exchange Gemini, making it easier for users in the U.S. and Canada to buy cryptocurrencies such as Bitcoin on Samsung phones. 

This is done through Samsung’s Blockchain Wallet, which now integrates with the Gemini mobile app, allowing users to buy and sell cryptocurrencies. Users will also be able to view their Gemini account balances in the Samsung Blockchain Wallet app, as well as transfer their crypto into col

Read More

Continue Reading
Crypto Currency

Cryptocurrency Hardware Wallets Can Get Hacked, Too

Whether you think cryptocurrency is a scam or a salvation, those digital coins can store real-world value. The safest place to keep them is in what’s known as a “hardware wallet,” a device like a USB drive that stores your currency and private keys locally, w…

Whether you think cryptocurrency is a scam or a salvation, those digital coins can store real-world value. The safest place to keep them is in what’s known as a “hardware wallet,” a device like a USB drive that stores your currency and private keys locally, w…
Read More

Continue Reading
Crypto Currency

J.K. Rowling is four cocktails in and talking trash about Bitcoin

J.K. Rowling has been drinking a lot and you’d better believe she has some thoughts on Bitcoin. Noted TERF and author of The Cuckoo’s Calling, Rowling decided Friday was the perfect time to learn about the cryptocurrency Bitcoin. And so, like any celebrity who wants to start her day off with a ray of positivity,…

J.K. Rowling has been drinking a lot and you’d better believe she has some thoughts on Bitcoin.

Noted TERF and author of The Cuckoo’s Calling, Rowling decided Friday was the perfect time to learn about the cryptocurrency Bitcoin. And so, like any celebrity who wants to start her day off with a ray of positivity, she hopped on Twitter to engage

“I don’t understand bitcoin,” Rowling tweeted to Coindesk’s Leigh Cuen. “Please explain it to me.”

Over the course of the next several hours, as legions of crypto try-hards leapt at the opportunity to explain consensus algorithms, Rowling’s nascent views on Bitcoin turned from mildly inquisitive to a friendly mocking.

SEE ALSO: Not above the law: Steven Seagal’s shady crypto past under siege by SEC

Perhaps it was the fourth Old Fashioned speaking?

“People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) b

Read More

Continue Reading
Crypto Currency

Invested Your Stimulus Check in Bitcoin? Here’s Its Value Today

A stimulus check worth $1,200 invested in Bitcoin in mid-April is now worth $1,640.U.S. Senators are pushing for a second wave of stimulus checks worth $2,000.While the U.S. is preparing to reopen, economic consequences from the pand…

  • A stimulus check worth $1,200 invested in Bitcoin in mid-April is now worth $1,640.
  • U.S. Senators are pushing for a second wave of stimulus checks worth $2,000.
  • While the U.S. is preparing to reopen, economic consequences from the pand…
    Read More
Continue Reading