Bitcoin climbed on Monday as more financial institutions gave their bitcoin blessing after BlackRock filed for a spot bitcoin ETF last week.
Fidelity has been actively following along with crypto developments since 2014. In more recent years, the firm has opened the Fidelity Digital Assets division, created a commission-free retail investing app called Fidelity Crypto, and began offering 401 investors access to cryptocurrencies .
Many financial incumbents are keen to show enthusiasm for blockchain technology and the ways it can advance old financial infrastructure. Most are quieter, however, about their views on crypto investing. With big names like BlackRock and Fidelity putting their crypto commitments on display, investors were optimistic Tuesday that some of the reputational risk of conducting any kind of crypto business – which for some investors has been a mental barrier to buying bitcoin – could start to fade.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses – Bitcoin NewsBitcoin recovered recent losses over the weekend, setting the stage for a potential rally this coming week.
Read more »
Bitcoin 'Permabull' Max Keiser: 'El Salvador Will Be Debt Free by 2030 With Bitcoin' – Bitcoin NewsAccording to Max Keiser, thanks to Bitcoin, El Salvador will be debt free by 2030, as the Bitcoin price comes close to one million dollars.
Read more »
Winning Powerball numbers for Monday, June 19, 2023; jackpot $380 millionThe Monday, June 19, 2023, Powerball drawing is for a $380 million jackpot.
Read more »
TooFab's Week In Celebrity Photos: June 18 - June 24MGK hit Milan Fashion Week and his 13-year-old daughter made RARE public appearance by his side! (via toofab)
Read more »
Bitcoin (BTC) Price Analysis for June 18Can bulls hold the gained initiative and keep the rate of BTC above $26,000? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Rager BTChasrate BTCmining
Read more »