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”
J. Christopher Giancarlo
CFTC Chair: This May Help Cryptocurrency Market “Mature”
Author Eric Van OrmanPosted on Categories Blockchain, Business, Cryptocurrency, General, News, UncategorizedLeave a comment on CFTC Chair: This May Help Cryptocurrency Market “Mature”A stronger flow of institutional investors could help cryptocurrency markets “mature,” notes U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo. “We’ve still got a long way to go, there’s a lot of issues in some of these spot exchanges, a lack of transparency, a lot of conflict of interest, a lack of systems and systems … Continue reading “CFTC Chair: This May Help Cryptocurrency Market “Mature””
Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFLeave a comment on Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin BottomedFundstat’s Tom Lee is no stranger to cryptocurrencies. Tom Lee of Fundstrat had famously said Bitcoin “could end the year explosively higher.” In fact, he says Bitcoin could rally as high as $25,000. He called for Ethereum to rally to $1,900 by 2019. Tom Lee Fundstrat Survey: Bitcoin Prices Already Bottomed After plunging from $20,000 to … Continue reading “Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed”
President Donald Trump CFTC Appointee, Giancarlo on Cryptocurrency
Author Ian CooperPosted on Categories Bitcoin, Business, CryptocurrencyLeave a comment on President Donald Trump CFTC Appointee, Giancarlo on CryptocurrencyCryptocurrency is on the tip of everyone’s tongues these days. For example, former President Bill Clinton just warned against tight regulation. Yale University’s endowment fund just made an investment. Members of the US SEC are bullish, too. In addition, now Donald Trump’s appointment to the US CFTC, J. Christopher Giancarlo says it’s here to stay, … Continue reading “President Donald Trump CFTC Appointee, Giancarlo on Cryptocurrency”
CFTC Chair: Cryptocurrency Regulations should “Do No Harm”
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, News, RegulationsLeave a comment on CFTC Chair: Cryptocurrency Regulations should “Do No Harm”When the Internet flourished, it did so because the government didn’t choke the industry with regulations. Doing so would have destroyed growth and innovation. “I’m advocating the same approach to cryptocurrencies and all things having to do with this new digital revolution of markets, and of currencies, and of asset classes,”says J. Christopher Giancarlo, chairman … Continue reading “CFTC Chair: Cryptocurrency Regulations should “Do No Harm””
