Fidelity applied on Wednesday to launch an exchange traded fund to track the performance of bitcoin, the latest move on Wall Street to embrace the digital currency.
Fidelity’s Wise ...
The value of total Assets Under Management with Cyprus funds reached €8.58 billion in the 4th quarter of 2020, a 10.3 per cent increase from the third quarter of that year. Assets under ...
Morgan Stanley has become the first big US bank to offer its wealth management clients access to bitcoin funds, CNBC reported on Wednesday.
In an internal memo, the bank told ...
Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed.
The previous high for crypto inflows ...
The world’s most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday’s record high of $61,781.83, then came back to $59,315. The price in euros ...
Why are investors are shelling out large sums for so-called crypto art – Non-Fungible tokens or NFTs?
For example, the cartoon frog HomerPepe sold for $320,000; The musician Grimes (no first name) ...
The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen’s enthusiasm for the cryptocurrency.
Yet Paulsen, chief investment officer for Leuthold ...
Payments firm Square Inc agreed on Thursday to buy a majority stake in rapper Jay-Z’s Tidal music streaming service for $297 million in a deal that could popularize blockchain or ...
Bitcoin is forecast to become an important instrument in international trade, as well as a means to protect businesses from forex risk, according to a report released by Citigroup’s ...
Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.
The world’...
Ether, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62, for a weekly gain of about 12 per cent. It has currently fallen back to about $2004. It is ...
Revolut, the global financial platform with more than 15 million customers worldwide, on Wednesday announced its opening as a bank in Cyprus.
Customers in Cyprus who upgrade to Revolut Bank for ...
Ethereum’s ether (ETH), the world’s second-largest crypto asset, has long been overshadowed by its predecessor bitcoin. But it seems to finally be coming out on its own.
Ether ...
Dogecoin, the “joke” cryptocurrency, has suddenly gotten dead serious, as investors pile in funds, raising its market capitalisation to $9 billion.
‘It took about 3 hours to make’, said Billy Markus in ...
After long being shunned by traditional financial firms, bitcoin has finally entered the mainstream.
Bitcoin on Thursday jumped to a fresh all-time high after BNY Mellon said it formed a ...
Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc’s $1.5 billion investment in the cryptocurrency had investors reckoning it would become a mainstream asset ...
Elon Musk launched a pair of potential gamechanging shifts for bitcoin on Monday, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it ...
Futures on ether, the second largest cryptocurrency in terms of market capitalisation and daily volume, will launch late Sunday on derivatives exchange CME, as investors seek to take advantage of ...
Elon Musk, currently ranked as the richest person in the world, put a “#bitcoin#’” on his twitter profile page on Friday, and the price of a coin jumped 14 per cent. ...
The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert ...
“Blockchain technology follows the so called Gartner’s Hype Cycle that all nascent technologies go through. A lot of hype initially, many promises, people trying to invest or make money ...
“In terms of operating in the fintech industry, Cyprus has an opportunity, if it could adapt its regulatory approach. There is too much of a box-checking approach – you say that ...
BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients.
The ...
DarkMarket, the world’s largest illegal sales point for drugs and other illegal merchandise on the dark web, has been taken offline in an international operation involving Germany, Australia, Denmark, ...