May 12, 2024
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Crypto

Schwab, Citadel-backed digital assets firm EDX Markets launches Singapore services – Ledger Insights

  • May 9, 2024

On Tuesday EDXM Global announced it launched its settlement platform in Singapore. It’s a subsidiary of EDX Markets, the institutionally focused cryptocurrency exchange founded by Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, alongside venture capital firms. Initially EDXM Global provides a settlement process for OTC transactions. It also plans to provide custody services, but we believe that requires a Singapore license.

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Funds

Fidelity Says Pension Funds are Now Exploring Bitcoin

  • May 3, 2024

The $4.8 trillion asset management firm Fidelity has said that pension funds are beginning to explore Bitcoin and other cryptocurrencies. Indeed, pension plans are reportedly expressing interest in digital asset investment amid the Spot Bitcoin ETF approvals granted earlier this year. Fidelity Digital Asset’s vice president, Manuel Nordeste, revealed the revelation. Speaking at an event

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Crypto

How 80-year-old Fidelity became a crypto pioneer—and what’s next after its successful Bitcoin ETF

  • March 25, 2024

In 2017, amid crypto’s first full-blown bull cycle, Fidelity allowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside, adopting crypto would seem to be an odd choice for an old-line firm like Fidelity, which launched in 1946 and manages trillions of dollars in assets. But under CEO

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Crypto

BlackRock And Fidelity ETF Bombshell Triggers A Massive $75 Trillion Bitcoin Price Prediction

  • March 24, 2024

Bitcoin has rocketed over the last year, topping its previous all-time high as Tesla billionaire Elon Musk makes a dramatic return to the front lines of crypto. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of bitcoin’s looming halving earthquake! The bitcoin price has added

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Finance

Finance bosses snub Davos as ‘conference fatigue’ sets in

  • January 13, 2024

Leading figures in the financial sector are shunning Davos this year, as the World Economic Forum fights to compete with a growing number of rival conferences around the world. Bank of England governor Andrew Bailey, Dame Anne Richards of Fidelity International, John Studzinski of Pimco and Hendrik du Toit of Ninety One have all opted

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Crypto

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion after US SEC approves ETF

  • January 11, 2024

The price of first decentralised cryptocurrency Bitcoin surged over 5%, reaching intraday high to $49,012 on Thursday, January 11, after the US Securities and Exchange Commission (SEC) greenlit the establishment of Bitcoin exchange-traded funds (ETFs) by investment firms, signalling a potential revival for the world’s largest cryptocurrency token by market capitalization. In fact, the daily

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Crypto

Meet 15 finance executives shaping the future of crypto – DL News

  • January 2, 2024

A Who’s Who on Wall Street and the City are chasing ‘disproportionate returns’ in crypto. A Bitcoin ETF and investment in blockchain technology is driving bullish mojo. “Institutions don’t necessarily only look at the short-term news stories — they look over a longer-term cycle.” That’s what Usman Ahmad, CEO of Standard Chartered’s Zodia Markets, told

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Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

  • December 26, 2023

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

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