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“# Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban ” As the Bitcoin correction deepens, the fear, uncertainty, and doubt has returned, with billionaire hedge fund manager Ray Dalio adding a whole bunch more of it. In an interview with Yahoo Finance’s editor-in-chief on March 24, the founder of the…
“# Asset management giant Fidelity files for Bitcoin ETF ” Fidelity Investments, the $4.9 trillion asset manager, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to list a new Bitcoin (BTC) exchange-traded fund. The Wise Origin Bitocin Trust was filed with the SEC on Wednesday, according to a Form S-1…
“# Price analysis 3/24: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments into fiat but will add to its existing treasury…
“# Markets Pro delivers up to 1,497% ROI as quant-style crypto analysis arrives for every investor ” In the month since Cointelegraph Markets Pro launched, bringing professional crypto market intelligence to every investor, the platform has helped hundreds of early subscribers to better understand the opportunities and threats inherent in the world of crypto investing…
“# NYDIG cuts Bitcoin fee to 0.3% for investors as Morgan Stanley opens floodgates ” Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action. In a press release on March 24, the company confirmed that effective immediately, its access fee had…
“# BTC rewards app Lolli raises $5M from Reddit founder, Serena Williams, and more ” Bitcoin rewards app, Lolli, has announced the close of its pre-series A fundraising round after raising $5 million. The round saw investment from a diverse array of participants, including Seven Seven Six — the venture capital firm co-founded by Reddit…
“#Tesla now taking bitcoin as payment for cars, Elon Musk says” Anyone buying a car from Tesla in the US can now pay for it with bitcoin, CEO Elon Musk said Wednesday. Musk broke the news on Twitter about six weeks after his electric-vehicle giant announced plans to start taking payments in the world’s biggest…
“# Wirex halts UK signups after consultation with financial regulator ” London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted…
“# Blockchain.com raises $300M in crypto industry’s third-largest capital raise ” London-based cryptocurrency services provider Blockchain.com has raised $300 million in a new investment round that valued the firm at $5.2 billion — up from a $3 billion valuation just one month ago. The investment round was led by DST Global, Lightspeed Venture Partners and…
“# Most asset managers still in ‘education mode’ on crypto, says Fidelity ” Michael Derbin, head of Fidelity Institutional, thinks that many wealth managers and financial advisors still lack the requisite in-depth knowledge when it comes to digital assets. Whereas some wealth managers are by now “sophisticated” and “comfortable” with cryptocurrencies and their underlying technology,…