Silver Castle Ltd. is the first Israeli cryptocurrency investment firm. This accredited and institutional investment firm launched two funds this month. They expect to reach $50 million for management by the end of 2018. Incidentally, this launch comes after Bitcoin prices fell to an all time low. Compared to last December Bitcoin experienced a 70% … Continue reading “Israeli Crypto Firm Launches Two Funds for Institutions”
Fidelity Investments
Catalysts: What Bearish Cryptocurrency Traders Seem to Forget
Cryptocurrency traders have obviously underrated the power of bullish news. However, experts expect this to light a fire that will fuel cryptocurrency prices. Fidelity Investments Launch an Institutional Platform for Bitcoin and Ethereum Traders Looking at some of the most recent bullish news, we first see Fidelity Investment’s plans to launch an institutional platform for … Continue reading “Catalysts: What Bearish Cryptocurrency Traders Seem to Forget”
Fidelity, BitGo, Bakkt Will Boost Cryptocurrencies in 2019
Galaxy Digital’s Michael Novogratz believes that the crypto market is set to go on another bull run in 2019. Solutions from Fidelity Investments, BitGo and Bakkt will undoubtedly aid this growth. This comes after a turbulent year for the sector which saw a lot of downward price movement. He believes that the increasing number of … Continue reading “Fidelity, BitGo, Bakkt Will Boost Cryptocurrencies in 2019”
Cryptocurrency Week in Review: Fidelity and Goldman Jump into Custody
Cryptocurrency has certainly been a volatile beast. But it appears things are only improving, as major banks jump into crypto-custody, and perhaps attract further institutional interest. Here’s what happened over the last week. Cryptocurrency: Fidelity Announced its Fidelity Digital Asset Services The new company will offer custody and trade execution for digital assets. All in an effort … Continue reading “Cryptocurrency Week in Review: Fidelity and Goldman Jump into Custody”
Pantera Capital’s Joey Krug: This Could Force Cryptocurrencies Higher
After last year’s successful performance that saw cryptocurrencies like Bitcoin (BTC) challenge $20,000, 2018 has been a severe disappointment. But that will change for two key reasons. One, the U.S. realizes it has fallen far behind the global community regarding cryptocurrencies “Mobile payment providers, like Apply Pay and Samsung Pay, are being used at cash … Continue reading “Pantera Capital’s Joey Krug: This Could Force Cryptocurrencies Higher”
Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies
Billionaire Michael Novogratz has been bullish on cryptocurrencies for quite some time. Not long ago, he said the market would be worth $5 trillion by 2021. “Ten percent of my net worth is in this space. It’s the ‘best investment of my life,’” he says, as quoted by Coin Telegraph. “The Nasdaq got to $5.4 … Continue reading “Michael Novogratz Explains Why 2019 will be a Big Year for Cryptocurrencies”
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”