Tag Archives: assets

[ad_2][ad_1] The Securities and Exchange Commission announced yesterday that the Strategic Pole for Financial Innovation and Technology, commonly referred to as FinHub, will become a standalone office. Valerie A. Szczepanik will continue to lead FinHub as the first director of the office and will report directly to the SEC president. …

[ad_2][ad_1] Investors are hoping that bitcoin will become a “store of value,” but the largest cryptocurrency is still highly volatile, Tom Jessop, head of Fidelity Digital Assets (FDAS), said Thursday at the Reuters Global Investment Outlook Summit 2020. “We use the words ‘potential store of value’ because bitcoin is still …

[ad_2][ad_1] Money has taken many forms over the centuries, from physical forms such as stones or shells to dematerialized bits and bytes. Money itself has no value except as a medium of exchange and unit of measurement. Bartering most likely preceded money for easily tradable items such as animal skins …

[ad_2][ad_1] Cryptocurrency trader Aaron Arnold is revealing eight crypto choices that he believes have enormous growth potential in 2021. In a new installation by Altcoin Daily, Arnold tells his 283,000 subscribers that Bitcoin (BTC) is his number one choice for the new year. It refers to an interview in which …

[ad_2][ad_1] The head of the world’s largest asset manager has provided a somewhat bullish view of the world’s first cryptocurrency. According to a CNBC report on Tuesday, BlackRock CEO Larry Fink said bitcoin had “caught the attention” of many people and that the cryptocurrency market was still relatively small compared …

[ad_2][ad_1] Cryptocurrency startup FXcoin Ltd. and Japanese financial giant SBI Holdings have begun testing the use of XRP to settle corporate debts and credits. FXcoin is conducting the experiment, which involves Sumitomo Corporation, a Japanese general trading firm, which settles debts and credits to other Sumitomo Group companies with XRP. …

[ad_2][ad_1] The powerhouse of global investment, Guggenheim Partners is preparing to invest approximately $ 500 million in the flagship crypto asset, Bitcoin. According to its recent filing with the U.S. Securities and Exchange Commission (SEC), the Wall Street giant has approximately $ 295 billion in assets under management and is …

[ad_2][ad_1] In the letter Raoul Pal has invested around 75% of its liquid assets in Bitcoin. He also invested in Ethereum. Since retiring at the age of 36, Pal has co-founded Real Vision, which commands over 10,000 subscribers. Former hedge fund manager Raoul Pal has invested heavily in Bitcoin and …

[ad_2][ad_1] Source: PL Gould – Shutterstock Fidelity Digital Assets will support Ethereum in the near future. The firm also wishes to offer its trading services to retail clients. Christine Sandler, head of sales and marketing at Fidelity Digital Assets, said the investment firm will someday seek to serve retail clients …

[ad_2][ad_1] U.S. bankruptcy judge John Dorsey has denied an emergency motion filed by 15 clients of cryptocurrency lending firm Cred Inc. to freeze the company’s crypto assets on the exchange during Chapter 11 bankruptcy proceedings. More than a dozen of Cred’s creditors filed the emergency motion on November 23, seeking …