Sun, October 27

Search Results for: fidelity

Fifth Largest Swiss Bank Offers Crypto Trading and Custody Services

PostFinance allows its customers to trade Bitcoin by 2024. Last year, revenues from Swissqoute crypto trading services were over $103 million. The Swiss Post Office has announced plans to expand its cryptocurrency offering by launching a trading and custody service through its banking arm PostFinance. Despite the volatile cryptocurrency market,

July 12, 2022 1 min read

Is FTX Exploring Deals to Buy Robinhood?

Sam Bankman-Fried disclosed a 7.6% stake in Robinhood. Following the report, Robinhood surged over 14%. The cryptocurrency exchange FTX said to consider acquiring the digital trading platform Robinhood, a prominent Magazine reported on Monday. Robinhood has not yet received a formal notice from FTX of any such acquisition and there

June 28, 2022 2 mins read

Krew Launches Klaytn-based DeFi Accelerator to Support Next Wave of DeFi Startups

BVI, Tortola, 21st June, 2022, Chainwire   Krew, a new DeFi accelerator housed in the Klaytn ecosystem, is launching – armed with a $4 million war chest that will be used to create, incubate, and support DeFi projects in the EVM-compatible blockchain. KLAP (Klaytn Lending Application), the first project to

June 21, 2022 3 mins read

Cardano (ADA) Price Plunges 6%, Investors Eye For Vasil Hard Fork Upgrade

The Bollinger Bands indicated a possible reduction in volatility. ADA is down 6.12% in the last 24 hours as per CMC. On the heels of a week in which the majority of digital assets saw outflows, Cardano was one of the exceptions as per CoinShares’ latest digital asset fund flows

May 24, 2022 2 mins read

Florida Republican Rep Introduces Bill to Include Bitcoin in 401(k) Plan

According to Donald, the Department of Labor (DOL) is limiting investors’ options. On May 5, Alabama Sen. Tommy Tuberville introduced a similar bill. To prohibit the U.S. Department of Labor from restricting the assets that may be included in American self-directed 401(k) retirement plans, Florida Republican Rep. Byron Donalds filed

May 21, 2022 1 min read

Prominent Exchange Robinhood Announces Launch of Non-custodial Web 3.0 Wallet

Using Ethereum-based NFTs, the promotional video explains how they may be used. Like MetaMask, the wallet will allow storing private keys for crypto assets. Non-custodial cryptocurrency wallets for several blockchains are being developed by the popular trading platform Robinhood. Non-fungible tokens (NFTs) may be stored in the wallet, and it

May 19, 2022 2 mins read

FTX CEO Sam Bankman-Fried Purchased 7.6% Stake in Robinhood

Since it peaked at $55 soon after the IPO in July, the stock has progressively declined.  For Bankman-Fried, investing in Robinhood was an “attractive investment.” FTX CEO Sam Bankman-Fried purchased a significant 7.6 percent investment in stock and cryptocurrency trading platform Robinhood, according to a filing with the Securities and

May 13, 2022 2 mins read

PayPal-backed Talos Raises $105M in Series B Round of Funding

Andreessen Horowitz and PayPal Ventures joined current investors. Institutional trading volumes have grown by a factor of 20. As of 2018, Talos is an infrastructure technology supplier for the cryptocurrency sector, providing services such as trading and settlement. Talos, a cryptocurrency startup backed by PayPal, has been valued at $1.25

May 10, 2022 1 min read

Decentraland (MANA) Price Falls Below Key Support as Bears Overtake

In the 11 weeks after its ATH, MANA’s value has plummeted by more than 70 percent. There was a chance that MANA may continue to rise after it hits the $2.5 level. Decentraland (MANA) has oscillated between $3.3 and $2.2 for the last seven weeks. As bulls have attempted to

March 20, 2022 2 mins read

Algorand (ALGO) Price Consolidates After Recent Strong Bearish Momentum

Investors’ behavior and network statistics are now disappointing. ALGO did not see a surge in value in November instead of remaining stable. In most cases, the upward price movement of a cryptocurrency is the primary reason for its success in the market. According to this storyline, Algorand has resisted it.

March 6, 2022 2 mins read