Wealth Managers Are Growing ‘Comfortable’ with Crypto But Still in ‘Education Mode’ says Fidelity

Most financial advisors and wealth managers are still in “education mode” on cryptocurrencies, said Mike Durbin, Head of Fidelity Institutional, Fidelity Investments. However, demand for crypto assets is growing among larger investors, he added.

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Head of Fidelity says wealth managers are in Bitcoin ‘education mode’

As Bitcoin grows in popularity among mainstream adopters, Head of Fidelity Investments’ Mike Durbin offered a new counter-argument to the trend. According to him, a vast majority of companies are stThe post Head of Fidelity says wealth managers are in Bitcoin ‘education mode’ appeared first on AMBCrypto.

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Fidelity Says Wealth Managers Are Still Trying to Understand Bitcoin

The majority of wealth managers are still trying to get to know Bitcoin, according to the head of Fidelity's institutional arm

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Bitcoin To “Take More Market Share From Gold,” Says Fidelity’s Director Of Global Macro

Bitcoin has both a unique and compelling supply and demand dimension, and as its network increases, BTC’s value could increase even faster, as per The post Bitcoin To “Take More Market Share From Gold,” Says Fidelity’s Director Of Global Macro first appeared on BitcoinExchangeGuide.

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Custody Business around Bitcoin Is ‘Incredibly Successful’, Says Fidelity CEO

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Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson

Fidelity Investments CEO Abby Johnson says the mutual fund giant's custody business around bitcoin has been "incredibly successful" and has a "tremendous pipeline."

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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling.

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Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status.

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Bitcoin chose decentralization and immutability over payments, says Fidelity

Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin.

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Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis.

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Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report

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Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation

"In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.

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26% of Institutional Investors Have Bitcoin, 11% Have Eth Says Fidelity

Institutional investors are growing their allocation towards cryptos from 22% last year to 27% according to a new survey by Fidelity. From November 2019 to early March 2020, 800 investors... The post 26% of Institutional Investors Have Bitcoin, 11% Have Eth Says Fidelity appeared first on Trustnodes.

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Big Institutions Are Making Room for Bitcoin, Says Fidelity

Large institutional investors are coming around to the idea of cryptocurrency, with Fidelity claiming over 36% of American and European funds own cryptocurrencies like Bitcoin and Ether. Is this the... The post Big Institutions Are Making Room for Bitcoin, Says Fidelity appeared first on Crypto Briefing.

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Grayscale’s “Heaviest Quarterly” Inflows in Q3 during Bitcoin Slump Proof of Substantial Progress on Institutional Front

In 2019, several institutions like Bakkt, Fidelity, and TD Ameritrade, started to invest in the crypto space. However, only a handful have made it and that has people wondering “when will the herd actually come?” Vision Hill Group, an investment consulting and digital asset management firm says in its latest blog, the “reality” is institutional […]

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Here's the Most Bullish Thing That Could Happen to Bitcoin, According to Mike Novogratz

The Galaxy Digital boss says that Fidelity allowing its customers to buy Bitcoin could be the most bullish thing for crypto

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Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says

Fidelity Investments is fully rolling out its crypto custody business, according to the firm’s CEO

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Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies

Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients

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Bitcoin is Riskier for Retail Investors: Fidelity VP

The bitcoin market is 90 percent retail-based. And that makes Fidelity Investments nervous about its very-own digital currency offerings, says the company’s Personal Investing President, Kathleen Murphy.

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Fidelity Charitable Now Accepts XRP for Donations, Says It Received Over $100 Million in Cryptos So Far

Fidelity Charitable, an independent public charity foundation founded in 1991, is now receiving Ripple’s XRP as part of its donations. Also, the charity organization has received over $100 million in cryptocurrencies since it began accepting the asset class in 2015, according to its 2019 financial giving report.

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Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra

There's no shortage of catalysts behind bitcoin's weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure.

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Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek’s Anthony Pompliano

The sudden movement in Bitcoin prices has added fuel to the cryptocurrency market’s excitement, with many in the space speculating that the bear market may have finally come to an end. In the latest Crypto Trader episode, Ran NeuNer sat down with Frank Chaparro, Senior Correspondent at The Block and Anthony Pompliano, Founder of Morgan […] The post Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek’s Anthony Pompliano appeared first on AMBCrypto.

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Fidelity Might Add $2000 To Bitcoin Price, Says Analyst

Cointelegraph recently uploaded a video in which they interviewed Mati Greenspan, eToro Senior Market Analyst. Among other things, the… The post Fidelity Might Add $2000 To Bitcoin Price, Says Analyst appeared first on Invest In Blockchain.

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$7 Trillion Asset Giant Fidelity to Launch Crypto Trading ‘Within Weeks’: Report

Wall Street has arrived in the cryptocurrency arena. Fidelity Investments, one of the biggest asset managers on the planet, will launch a crypto trading service “within weeks” according to a Bloomberg report.

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Fidelity Giant Says Institutional Investors Are Considering Crypto

Fidelity Investments, the giant financial institution with more than 27 million customers and over $7.2 trillion in managed assets,… The post Fidelity Giant Says Institutional Investors Are Considering Crypto appeared first on Invest In Blockchain.

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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun

Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.

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“It’s Still Very Much an Early Adopter Market” Says Fidelity’s Tom Jessop

It is still very early days for cryptos according to Tom Jessop, head of Corporate Business Development at Fidelity Investments and president of Fidelity Digital Assets. “What’s interesting when you.

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Fidelity Crypto Chief Says Hard Fork May Delay Firm’s Support for Ethereum

Fidelity's crypto trading and custody business is live and supporting bitcoin, but adding ether might take a while.

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Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’

Fidelity Digital Asset Services is in its "final testing" phase, the company said in a blog post Thursday.

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Security and Reliability are the Hallmarks of a Robust Blockchain Storage System, Says Lambda Co-founder Lucy Wang

Many agree that blockchain technology has the potential to cause paradigm-shifts in many aspects of the global business process. Decentralized technology is already making inroads into the cloud storage landscape by leveraging the benefits of blockchain security and reliability, ensuring the fidelity of stored data, as well as, user privacy.

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BTC/USD Price Analysis: “I want People to Think Binance as a Verb” says CZ

After severe draw downs that has so far clipped investor confidence, the founder of Binance Changpeng Zhao is confident of what next year holds. Of course much has been talked about entry of institutional investors and facilitators—read Fidelity, NASDAQ and others.

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BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally

The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products.

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Fidelity Digital Assets Services President Says They Offer Institutional Investors Exactly What They Need

President Tom Jessop of Fidelity Digital Asset Services recently was involved in an interview with Laura Shin of the podcast “Unconfirmed” on October 26th. During the interview, Jessop talked about the future plans for the company, along with the ways that they intent to improve the attraction of cryptocurrency to institutional investors. Jessop runs the […]

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Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms

Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level by enhancing the sector and providing a secure Bitcoin custody solution so institutional investors can get a piece of the crypto pie.

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We Will Provide Missing Link for Institutional Investors, Says Fidelity Crypto Head

The president of Fidelity Digital Asset Services has spoken about the company’s plans in an interview, such as the decision not to launch an in-house exchange, how it intends to attract more institutional investors, and why it’s crypto offering is focused on custody and trade execution.

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“Institutional Herd” to Enter Crypto Market by Q1 2019, CNBC’s Bryan Kelly Says

Crypto bull Bryan Kelly has hailed Fidelity’s foray into the digital assets market, and expects more institutional players to follow suit.

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Fidelity's Cryptocurrency and Blockchain Technology SVP Joins BLOQ as COO

Blockchain startup Bloq has announced the appointment of former Fidelity Investments executive Hadley Stern as its first chief operating officer — the latest in a string of hires poached from a legacy financial firm by blockchain startups.

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Pantera Capital CEO: A Bitcoin ETF is ‘Years Away’

Pantera Capital CEO Dan Morehead believes a Bitcoin-ETF approval is insignificant in comparison to Bakkt and Fidelity launching cryptocurrency trading platforms for institutional investors. Too Early for a Bitcoin ETF, Says Pantera Capital CEO Yesterday, Pantera Capital founder and CEO, Dan Morehead spoke with Messari director of business development and panel moderator Katherine Wu at Bloomberg’s Institutional Crypto Conference.

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“An Extremely High Percentage” of Institutional Investors Interested in Crypto Says Fidelity’s Jessop

Tom Jessop, Fidelity Investments head of corporate business development and digital assets, said an internal survey of institutional investors showed there is “an extremely high percentage interested in this space.

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Fidelity, World’s 4th Largest Asset Manager, Says Crypto Products ‘Underway’

US multinational financial services corporation Fidelity Investments plans to release details of its new cryptocurrency offerings before the end of the year, its CEO revealed this week. ‘A Few Things Underway’ Speaking at the Boston Fintech Week in its hometown, Abigail Johnson said the company, which is famous for its bullish stance on cryptocurrency, had several projects underway in the space.

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