Fidelity News

US senators write a letter to Fidelity CEO urging the firm to reconsider its Bitcoin offering after FTX blow-up. 

Bloomberg Terminal has expanded its coverage to 50 crypto assets to provide its institutional investor clientele with more accurate market data. Bloomberg Terminal to Cover Top 50 Crypto Bloomberg, a leading financial and technical information platform, has substantially enhanced its…

Fidelity Investments, a financial services business, has announced that it will allow investors to add Bitcoin (BTC) to their 401(k) accounts for retirees, making it the first retirement plan provider to do so.

The Canadian government has approved Fidelity’s request to become Canada’s first bitcoin custodian. The move could pave the way for other Canadian institutions to invest in cryptocurrencies. Moreover, the decision follows a statement from Fidelity which claimed that interest in…

Fidelity Digital Assets has held a meeting with the United States Securities and Exchange Commission (SEC) on September 8, 2021, in a bid to make the regulatory watchdog see reasons why it’s not too early to approve a Bitcoin exchange-traded…

Fidelity Investments continues to embrace bitcoin (BTC) with the latest development being its purchase of 7.4% worth of stake in one of the largest bitcoin mining operations in North America, Marathon Digital Holdings. Fidelity Buys Stake in Marathon Digital Holdings…

Fidelity Investments has revealed via a filing with the United States Securities and Exchange Commission (SEC) on May 26, 2021, that its Wise Origin Bitcoin Index Fund I, LP, has raised over $100 million from investors since going live in…

Fidelity Investments has announced the launch of its digital assets analytics platform dubbed Sherlock. The firm says the platform will provide users with the technical, fundamental, and other information they need to make informed investment decisions, according to a press…

Crypto lending platform BlockFi has revealed the launch of its Bitcoin Trust. This was revealed in a press release on Tuesday and signaled the next phase for the lending platform.  Bitcoin Trust Added By BlockFi  BlockFi had registered the bitcoin…

Institutions channeled $429 million into cryptocurrency funds and products in the first week of December according to a CoinShares analysis that was reported by Reuters on Dec 7. 5.8X Expansion on Total Asset under Management The result saw their total asset under management…

Fidelity Digital Assets shared a new report, published on October 13, 2020, stating that Bitcoin has a notably low correlation with other traditional assets like stocks or gold and that Bitcoin’s market cap has plenty of upside opportunities. In line…

Exchange data from this week shows Bitcoin and stablecoin whales alike are moving huge amounts of their holdings into exchanges – suggesting bigger moves for the crypto market ahead. Bitcoin, Stablecoin Inflows Surge The crypto-bullrun is back, and some say…

In a press release issued on December 17, 2019, Fidelity Investment’s cryptocurrency arm – Fidelity Digital Assets – announced that it is expanding its business operations into Europe through the U.K. Capturing the Market Across the Atlantic Fidelity Investments is…

On August 8, Canadian company Blockstream unveiled Blockstream Mining, a new solution to host and manage Bitcoin mining equipment at facilities located in Quebec and the United States. The project also includes a mining pool based on the BetterHash protocol.…

After long delays due to regulatory scrutiny, the Bakkt futures platform from the Intercontinental Exchange (ICE) has confirmed that product testing has started. As per a tweet from the company, daily and monthly futures will begin testing with participants from…

PayPal’s ambivalent stance over the digital currency might be changing as CFO John Rainey has stated that the payment processor has created teams to study both blockchain and cryptocurrency, as reported by Forbes on May 10, 2019. PayPal previously allowed…