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Search Results for: fidelity

U.S Senators Request Fidelity to Not Offer Bitcoin Offerings

After the recent failure of the cryptocurrency exchange FTX, a group of U.S. senators have sent another letter to the financial behemoth Fidelity Investments, urging it not to sell Bitcoin to its clients. The letter was signed by three senators from three different states: Tina Smith of Minnesota, Elizabeth Warren

November 22, 2022 1 min read

CORRECTING and REPLACING Fidelity Charitable® Announces Philanthropic NFT Collection “Art of Generosity,” Engaging the Blockchain Community in Giving

Project will distribute $50,000 to charity BOSTON–(BUSINESS WIRE)–Throughout the release, the URL www.generositynft.com should read: https://generositynft.com/. The updated release reads: FIDELITY CHARITABLE® ANNOUNCES PHILANTHROPIC NFT COLLECTION “ART OF GENEROSITY,” ENGAGING THE BLOCKCHAIN COMMUNITY IN GIVING Project will distribute $50,000 to charity Fidelity Charitable®, an independent public charity and the nation’s

November 16, 2022 4 mins read

Fidelity Charitable® Announces Philanthropic NFT Collection “Art of Generosity,” Engaging the Blockchain Community in Giving

Project will distribute $50,000 to charity BOSTON–(BUSINESS WIRE)–Fidelity Charitable®, an independent public charity and the nation’s largest grantmaker, today announced “Art of Generosity,” an original, non-fungible token (NFT) project designed to celebrate generosity in motion. This philanthropic collection is the latest example of Fidelity Charitable’s continued commitment to innovation in

November 16, 2022 4 mins read

Fidelity Investments Announces Commission-free Crypto Trading

One of the top brokerages in the world has launched a revolutionary new product for trading cryptocurrencies. For retail customers, Fidelity Investments is introducing commission-free cryptocurrency trading. This trading firm has over $9.9 trillion in assets under management and has now revealed a waitlist for its new crypto service. The

November 3, 2022 1 min read

Fidelity Investments Plans Hiring 100 Personnel For Crypto Division

Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent exodus of crypto-talent, the $4.5 trillion asset management business Fidelity Investments is allegedly planning to add another 100 individuals

October 24, 2022 1 min read

Ethereum Trading for Institutions by Fidelity Starting Next Week

The corporation is hiring 100 tech personnel to develop new blockchain services. It has also released a Bitcoin spot ETF in Canada. For quite some time now, Fidelity has been showing enthusiasm for cryptocurrency. The asset manager said that many investors are starting to see Ethereum “through a new lens”

October 21, 2022 1 min read

Fidelity Invests $5 Million in New Ethereum Index Fund

Fidelity has been hard at work on their own cryptocurrency exchange, called EDX Markets. Mike Novogratz, CEO of Galaxy Digital first informed about the update. Registration paperwork submitted to the U.S. Securities and Exchange Commission (SEC) reveals that Fidelity has invested $5 million in a new Ethereum index fund. Moreover,

October 5, 2022 1 min read

Fidelity Plans To Offer Bitcoin Trading to 34 Million Clients

According to the WSJ, Fidelity is thinking about allowing its customers to trade cryptocurrencies like Bitcoin. Though the cryptocurrency market has had a hard year, this announcement comes as interest from Wall Street persists. Fidelity, a financial services firm, stated earlier this year that it will start accepting bitcoin as

September 13, 2022 2 mins read

Fidelity Declares Bitcoin as Oversold and Undervalued

Jurrien Timmer, Director of Fidelity Investments, shows concern about the fact of bitcoin being oversold. Fidelity is one of the giant investors in the cryptomarket with a $4.5 trillion hold. Timmer portrayed his thoughts in the tweet with concerned charts and data.  Another way to highlight this is by overlaying

June 16, 2022 2 mins read

Fidelity Investment Plans To Hire Staff in Bulk for Digital Asset Team

Users may buy, sell, and store large sums of Bitcoin and other digital assets. The platform’s data and applications are stored in the cloud. Blockchain Engineers, Developers, and Programmers are in great demand. As with its Bitcoin custody service, Fidelity is now providing comparable services for Ethereum. As the market

June 1, 2022 1 min read