Fidelity Digital Assets – DIGIT INFO

Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends

DIGIT — Thu, 02 May 2024 14:19:13 +0000

A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because it will be flowing into a larger […]

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Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’

DIGIT — Tue, 23 Apr 2024 17:39:35 +0000

The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term trends. Fidelity Digital Assets Spotlights Bitcoin and Ethereum Market Shifts in New […]

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Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

DIGIT — Tue, 14 Feb 2023 19:00:55 +0000

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with […]

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Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether

DIGIT — Sat, 05 Nov 2022 02:00:27 +0000

Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already interested in and own crypto,” the firm said. Fidelity Investments to Begin Offering Crypto Trading […]

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Fidelity to beef up crypto unit by another 25% with 100 new hires

DIGIT — Mon, 24 Oct 2022 05:24:04 +0000

The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.

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Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

DIGIT — Sun, 23 Oct 2022 23:30:08 +0000

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank […]

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Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week

DIGIT — Sat, 22 Oct 2022 00:00:41 +0000

Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy, sell, and transfer ether, accessing the same operational excellence, robust security, and dedicated client service model provided for bitcoin investments today,” the firm said. Institutional […]

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$4.5T asset manager Fidelity offers ETH custody and trading to clients

DIGIT — Thu, 20 Oct 2022 06:07:05 +0000

According to an email reportedly sent to clients, Fidelity Digital Assets is offering institutional Ethereum capabilities for their clients starting next week.

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Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

DIGIT — Wed, 21 Sep 2022 23:05:47 +0000

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura […]

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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

DIGIT — Thu, 17 Feb 2022 07:00:51 +0000

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so […]

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