An ongoing cryptocurrency bear market is not dampening interest for Fidelity's new institutional cryptocurrency products.
Bitcoin, along with thousands of other digital coins, sparked a buying frenzy among retail investors in late 2017. The world's largest cryptocurrency has dropped more than 80 percent since its high of almost $20,000 at the end of 2017 and was trading near $3,789 on Friday. Jessop said while the company is live, certain aspects are still a work in progress. Fidelity is expanding the jurisdictional coverage of where it can do business. And its offerings are not one-size-fits-all. Some customers were using the platform in January, while for other customers, it was March. Others may wait until September, he said.Fidelity, a roughly 72-year-old family-controlled firm, is known for managing retirement plans and mutual funds. But it also spends $2.
A little late to the party...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IT Services Companies And Clients Bear Brunt Of H-1B CrackdownHigh H-1B denials for professionals who work for IT services companies and their clients are harming the competitiveness of U.S. companies. Good. Will be seeing the effects not too long. Ban the entire program. There is no burnt. Plenty of qualified STEM American candidates are jobless with loads of debt.
Source: Forbes - 🏆 394. / 53 Read more »
How to Think About Stocks and Bonds in a Bear MarketThe key to mentally preparing to handle a downturn is to lower your expectations. A lot. just short sell and get the hell out of the way ☕ You have been a cheerleader for Trump's destructive policies for two years.... and now you are finally waking up to the fact that the US is already in a recession. Unemployment is up, bankruptcies are up. Child-birth rates are down. Kind of like the Trump Presidency.
Source: WSJ - 🏆 98. / 63 Read more »
Martin Shkreli under investigation for allegedly using a cell phone to run company from prisonThe notorious former hedge fund manager was reportedly conducting business from behind bars, running a pharmaceutical company that he estimates will be worth billions of dollars when he is released from prison. Khashoggi What a slimy person. Look at that smirk
Source: washingtonpost - 🏆 95. / 72 Read more »
Trump said to have concluded his path to a second term runs through the stock marketPresident Donald Trump is expected to peg case for a second term in the White House to the success of the stock market and economy, according to a number of reports. President Dow! Her. Dow is gonna have a big crash just to make a point.
Source: MarketWatch - 🏆 3. / 97 Read more »