Category: Fidelity Investments

Coinbase Exchange Set to Acquire Xapo for $50 Million

Coinbase, a leading United States-based cryptocurrency exchange is rumoured to be interested in acquiring Xapo, a Hong Kong-based firm providing highly secure bitcoin custodial services to institutional investors via its cold storage vaults, for about $50 million, reports The Block on May 16, 2019. Coinbase Interested in Xapo Per sources […]

Coinbase May Soon Buy Xapo’s $5.5 Billion Bitcoin Custody Business

Photo: Xapo / Instagram Coinbase, major cryptocurrency exchange in the USA, is currently negotiating to acquire crypto custody firm Xapo for about $50 million in a bid to boost their custody business. The Block reports, Coinbase has a strong competitor in the face of Fidelity’s crypto wing – Fidelity Digital […]

Crypto Management is More Critical Than Ever Before, And That’s a Good Thing

Photo: Pixabay These are complicated days for the crypto economy. Having already endured a profound and well-publicized boom and bust cycle, digital currencies have come out on the other side more diverse and expansive than ever before. When Bitcoin first rose to prominence, it did so mainly on its own […]

Unstoppable Rally Now Takes Bitcoin Price Above $8000, Adds $1200 in a Single Day

Bitcoin price attained a massive surge on Tuesday, May 14, moving over $8000 levels while attaining a new high in 2019. A massive trading volume of $31 billion is responsible for this Bitcoin rally. Looks like the Bitcoin bulls are in no mood to hear as the world’s largest cryptocurrency […]

Bitcoin Price Hits $6700 as the Overall Cryptocurrency Market Cap Exceeds $200B

Bitcoin price makes massive gains moving closer to its crucial resistance of $7000 level. Crypto analysts call this a beginning of the new bull run in the market. The cryptocurrency market surge looks very strong as Bitcoin (BTC) price shoots nearly 6.5% today. At the press time, Bitcoin is trading […]

Bitcoin Price Rises to 6-Month High, Bulls Keep Going Up

Bulls can feel pretty happy with the Bitcoin price returning of positions lost 6 months ago. At all major exchanges, BTC’s rate has confidently overcome an outstanding psychological level of $6,000 and is trying to gain a foothold above it. Even though the Bitcoin commission fee has risen by nearly […]

Bitcoin Price Crosses $6000 Levels for the First Time in 2019

Bitcoin price surges past its crucial resistance of $6000 as the bulls take the charge to push the world’s largest cryptocurrency northward. Today, May 9, the world’s largest cryptocurrency Bitcoin (BTC) price has achieved a new milestone for 2019. Breaking its major resistance, Bitcoin has surged past $6000 levels for […]

$7T Financial Giant Fidelity To Offer Crypto Trading For Its 13,000 Institutional Clients – Big Money Is About To Enter The Market

Reports are coming out that Fidelity Investments is preparing to launch its crypto trading services in the upcoming weeks, marking an important step in the space as far as institutional investment goes. Fidelity will begin helping institutional clients buy and sell Bitcoin in the coming weeks. Eventually every financial services […]

Fidelity’s Bitcoin Trading Service for Institutional Investors Goes Live in a Few Weeks

A Fidelity spokesperson said that the crypto trading service will initially focus on Bitcoin allowing only institutional players to participate. The latest report from Bloomberg suggests that Wall Street financial giant Fidelity Investments is starting its crypto trading service in a few weeks. Fidelity’s crypto trading service will initially focus […]