Fidelity

ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....

In the dynamic world of digital assets, regulatory bodies are in a continuous race to keep up. With the recent decision by the National Futures Association (NFA) to approve Coinbase Global Inc (NASDAQ: COIN) as a Futures Commission Merchant (FCM), all eyes are now on the Securities and...

One of the biggest headlines of 2022 was the acquisition of the social media platform Twitter for $44 billion by Elon Musk. Since the acquisition, the valuation of Twitter has been cut by several investors. One of those investors has raised the valuation of the platform for two straight months....

The U.S. Securities and Exchange Commission (SEC) is set to initiate the approval process for Spot Bitcoin ETFs, with eight different applicants listed on the federal register. The SEC has also invited public feedback through a document released last week. Leading asset management firms, BlackRock...

In a significant development for the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) recognized the spot Bitcoin (CRYPTO: BTC) ETF applications from several major firms, including Fidelity, VanEck, WisdomTree, Invesco and BlackRock Inc (NYSE: BLK). This...

Characterizing cryptocurrencies as a "global asset" that possesses a "distinctive value compared to other asset classes," BlackRock Inc (NYSE: BLK) CEO Larry Fink expressed on Friday his belief that cryptocurrency will surpass international...

The previous head of the U.S Securities and Exchange Commission Jay Clayton on Monday stated that approval of a Bitcoin (CRYPTO: BTC) ETF could be a "hard to resist" prospect, acknowledging the significant strides made in the digital asset space. He said that a well-defined...

Pepe Coin (CRYPTO: PEPE) has experienced a surge of 15% in the last 24 hours, surpassing other popular meme coins in terms of market capitalization, such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: PEPE’s rise comes amid a shift in the overall market, triggered by...

Major cryptocurrencies traded in the green on Monday following reports that Fidelity is making preparations for a Bitcoin exchange-traded fund (ETF) application. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.60% $30,531 Ethereum (CRYPTO: ETH) +0.39% $1,871...

Fidelity, a leading asset management firm, is reportedly on the verge of filing for a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), joining a growing number of issuers eager to introduce such a product. An insider with knowledge of Fidelity's plans indicated that the filing could be made as...

Bitcoin (CRYPTO: BTC) has surged past the $30,000 threshold in the last 24 hours, marking a return to the “greed buy zone.”  What Happened: This follows the recent moves by investment companies, such as Fidelity, Invesco, Wisdom Tree, Valkyrie, and BlackRock, to apply for spot...

The launch of the EDX Exchange has generated excitement in the cryptocurrency world, as the new non-custodial platform gains backing from financial giants Charles Schwab (NYSE:SCHW), Fidelity Digital Assets, and Citadel Securities. What Happened: The EDX Exchange now allows for trading in Bitcoin (...

Social media platform Twitter was among the biggest storylines of 2022 with Tesla CEO Elon Musk spending $44 billion to acquire the company. The valuation of Twitter has been lowered by one of the investors in the deal. What Happened: Musk spent $44 billion in the acquisition of Twitter, a...

Social media company Reddit could be going public in the second half of 2023 according to a new report. Here’s a look at how investors can own a piece of the company before the listing. What Happened: Reddit is nearing an IPO and expected to go public in the second half of 2023. The IPO could...

SpaceX is one of three companies that count Elon Musk as their current CEO. Two of the companies are private with Tesla as the only Musk-led company that is public. That could be changing soon. What Happened: Musk-led space company SpaceX is one of the most valuable private companies in the...