2018 was a terrible year for cryptocurrencies. One-time high-fliers like Bitcoin (BTC) slipped from lofty valuations near $20,000 to less than $4,000 in months. And while many investors have abandoned the space, there are still signs of solid growth and upside ahead. One, we’re watching for Institutional Interest One thing we have our eye on … Continue reading “Cryptocurrencies: What to Watch for in 2019”
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Five Key Tips all Cryptocurrency Investors Should Know
2018 didn’t exactly go exactly as planned for cryptocurrency investors. Many of us watched as our investments sank by more than 80% in some cases. But much like previous bear markets, this too shall pass. In fact, many investors (72% according to a Shares Post survey) plan to buy even more over the next 12 … Continue reading “Five Key Tips all Cryptocurrency Investors Should Know”
Cryptocurrency Investing: What’s Ahead for New Year 2019
The cryptocurrency market is constantly evolving. Every year there are significant investing changes and this doesn’t look like stopping any time soon. Last year, there was an exponential increase in the values of cryptocurrencies, as well as their adoption in the mainstream world. More people know about cryptocurrencies than ever before. While 2018 was a … Continue reading “Cryptocurrency Investing: What’s Ahead for New Year 2019”
Fidelity Makes it Easier for Hedge Funds to Trade Cryptocurrencies
Fidelity is launching Fidelity Digital Asset Services, taking a big step into cryptocurrency. If done well, it may just help change the trust issue among institutions. Part of the problem when it comes to cryptocurrency investing is how to prevent them from being hacked. The other problem is that as of June 2018, $1.6 … Continue reading “Fidelity Makes it Easier for Hedge Funds to Trade Cryptocurrencies”
Fidelity Launches Digital Asset Firm Targeting Institutions
Investment firm, Fidelity is launching Fidelity Digital Asset Services. In fact, the new company will offer custody and trade execution for digital assets. All in an effort to target institutional investors like hedge funds and family offices. “Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors,” said Abigail P. Johnson, … Continue reading “Fidelity Launches Digital Asset Firm Targeting Institutions”
Fidelity Shows Interest in Cryptocurrency and Blockchain
Fidelity Investments has interest in cryptocurrency and the blockchain. The History of Fidelity and Revolutionary Technology The company has a long history with revolutionary technology. In fact, its founder Edward C. Johnson often told employees that it is better to “take intelligent risks rather than follow the crowd.” The company was among the first financial institutions to … Continue reading “Fidelity Shows Interest in Cryptocurrency and Blockchain”
Fidelity Investments CEO Now Hinting at Cryptocurrency Products
As cryptocurrency becomes mainstream, institutions are jumping on the bandwagon. That now includes Fidelity Investments. In fact, over the last few days, some of the top banks have made announcements Morgan Stanley is creating a derivatives product that will give traders “synthetic exposure” to the price of Bitcoin, for example. Goldman Sachs is creating a … Continue reading “Fidelity Investments CEO Now Hinting at Cryptocurrency Products”