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Fidelity Global Macro Director Says Bitcoin Will Over Time Take More Market Share from Gold

Fidelity Global Macro Director Says Bitcoin Will Over Time Take More Market Share from Gold Mar 2 2021 · 10:50 UTC | Updated Mar 2 2021 · 11:07 by John Kiguru · 3 min read Photo: Shutterstock You have successfully joined our subscriber list. Fidelity global asset allocation director directly compared Bitcoin to gold, concluding the digital asset will over time take a bigger market share from gold. The director of global Macro Fidelity global asset allocation has in a note to investors discussed Bitcoin investment. Fidelity Investments began exploring cryptocurrencies through Fidelity’s Blockchain Incubator in 2013. The financial service provider has over $1.7 trillion assets managed. But not until late 2018 did it launch its first crypto business. This was a crypto arm Fidelity Digital Assets (FDAS). This arm has been spearheading its crypto business both in the US and Europe.

Tether Claims to Receive 500 BTC Ransom Note, They Will Not Pay

Tether alleges it has received a ransom note for 500 BTC. The extortionists threatened to make public documents harmful to Bitcoin ecosystem.

Cardano Becomes Third Largest Futures Market with $580M Open Interest

Cardano Becomes Third Largest Futures Market with $580M Open Interest
coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.

Federal Reserve Wire and ACH Systems Back Online after Outage Affecting Exchanges

Federal Reserve Wire and ACH Systems Back Online after Outage Affecting Exchanges Feb 25 2021 · 10:05 UTC | Updated Feb 25 2021 · 10:16 by John Kiguru · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Some other services offered by the Fed were also disrupted some of which include, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web and FedMail. For an hour, the Federal reserve wire and ACH systems were down. During the Wednesday downtime, a number of US-based crypto exchanges was affected. The systems allow the Fed to send wires and settle the transactions in real-time. Fedwire offers real-time settlement across accredited institutions. Gemini and Kraken reported delays in Federal Reserve wire and automated clearing house transactions. But the severity of it was much greater as no bank was able to send or receive wires. During the downtime, many in the crypto community were quick to point out that Blockchain could serve th

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