Exactly ten years ago–on October 31, 2008–Satoshi Nakamoto published the first Bitcoin whitepaper, which launched the cryptocurrency revolution. Nobody actually knows who Satoshi is (they used a pseudonym), but the impact of the Bitcoin idea has been transformational. Ten years later, let’s take a look at what’s been happening this past month in the cryptocurrency…
Since 2014, Fidelity Investments has been on the cutting edge of cryptocurrency research and insight. Fidelity’s investment into blockchain and digital assets makes the firm unique among its institutional peers as a leader of this technological revolution. It even has an entire department — Fidelity Digital Assets — dedicated to providing institutional-grade digital asset solutions.…
In an announcement on October 18, the Securities and Exchange Commission (SEC) revealed that it would be opening a fintech-centric office with blockchain as a primary focus, reports CryptoSlate. The new Strategic Hub for Innovation and Financial Technology, or simply “FinHub“, comes with its own streamlined website, which besides blockchain also covers automated investment advice…
One of the biggest money managers will soon launch its crypto branch aimed primarily at institutional investors, reports Forbes. With over $7.2 trillion in managed assets and 13,000 professional clients, Fidelity Investments ranks as the fifth-largest financial advisory in the world. Their unveiling of Fidelity Digital Assets, set to go live in early 2019, marks…
The entrance of institutional investors into the crypto space is a much-awaited occurrence. The move is seen as something that will further legitimize the market and affirm that large, non-individual investors are willing to place their faith in the newly-minted asset. Yet, as CryptoSlate points out, institutional investors may have already arrived. Bitcoin and other…
Ripple has teamed up with several notable crypto startups in an attempt to broker greater support for cryptocurrencies among U.S. lawmakers, reports Cointelegraph. The San Francisco-based group, called Securing America’s Internet of Value Coalition, will look to achieve this by raising the issue with different government bodies and agencies, including Congress, the Securities and Exchange…
A news digest of what happened in the crypto world this past month, September 2018: Institutional Adoption Major financial institutions are actively entering the cryptocurrency space. Morgan Stanley has been preparing to offer bitcoin derivative trading for its clients, Fidelity is working on releasing new crypto products by the end of the year, and JPMorgan…
Until just days ago, the positions of the top three cryptocurrencies appeared to be set in stone, with Bitcoin firmly leading the way followed by Ethereum and Ripple. Yet in a span of just 24 hours, Ripple managed to shock even seasoned pundits by blazing past Ethereum to claim the second place in terms of…
According to famed investor Ben Horowitz, the crypto space is attracting as much developer interest as the internet did in its early days, reports CryptoSlate. The founder of venture capital firm Andreessen Horowitz recently spoke about his view of cryptocurrencies and blockchain tech, as well as what enthusiasts can look forward to in the coming…
A recent survey by investment firm SharesPost showed that, despite a string of negative crypto-related news items, investors and consumers remain optimistic on the market’s prospects, reports Bitcoinist. The September 5 survey, titled Cryptocurrency and Blockchain Survey: Consumers Bullish, Investors Cautiously Optimistic, spoke to 2,490 consumers and 528 institutional investors about their views on where…
