Fidelity entering the crypto world

[Ciscopro2000]

Great news!  Looks like fidelity which administers over 7 trillion in assets is entering the crypto world with their Fidelity Digital Asset Services.  "Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors," Fidelity Investments CEO Abigail Johnson said in a statement.  This is a huge milestone for the crypto future.  You can read the news here:

https://www.engadget.com/2018/10/15/fidelity-manage-cryptocurrency-trading-custody-investors/?yptr=yahoo

[Renal]

if it is for crypto's sake and for the advancement, it is good to do it now, especially now that bitcoin prices tend to fall because investors do not want to invest their money in bitcoin, this is the best way by Fidelity Investments CEO Abigail Johnson to attract investors so that they are more easy to use it.

[rindayle]

I wouldn't take it as seriously as loyalty. Just when a person invests in such a market, which predict a good future, he must wait for satisfaction and a good profit. Just have entuziasty and investors, and there are put and get, everyone has a purpose.

[131tc01n]

pretty good news among the many bad news about bitcoin, maybe this is one of the same goals of many goals. Even though their goals are very good, will it increase investors to continue investing? in fact investors will not move before the big whale moves

[rebrik7]

Did somebody see or read some official announcement from Fidelity about this? I can't find this information on their website, so at this moment I'm not fully believe information from only one non official source.

However, if this is true, it would be great, almost like Bakkt launch.

[aray80]

This is good news for the development of bitcoin that will motivate many investors, because this Digital Fidelity Asset Service will provide an opportunity for indigenous investors to reach crypto's future more easily with Fidelity services

[maxilopez]

if this is true then this is crazy news that will simply bring incredible insights into the cryptocurrency market. I hope this is so because this way we will be able to go to the moon again.

[Davidwhite01]

This is good news for the development of bitcoin that will motivate many investors.

[daarul50]

Although bitcoin accepts various kinds of rejection from various parties bitcoin and its technology are continuously adopted by various large companies because bitcoin has good prospects for the world economy so that I think in the future there will be more big companies that will use crypto.

[shamc]

This is the reason why it is good that bitcoin hasn't pumped yet, large institutional investors will not want to jumps in at the top. Keep it low until more jumps in to join the bandwagon

[tiggytomb]

It will be interesting to see how this impacts the price and other institutions, it should give more credibility to bitcoin and give it that stamp of approval that many aren waiting for before they involve themselves.

[antisocial77]

i think almost all big bosses are already into crypto but they use their name to pump the market.or opposite.
if we see a potential, they see it before us.i hope to hear more news like that.

[qiwoman2]

This is what we need more of because the big money that comes in and the whole marketcap grows, that's when more confidence will come into the markets and more and more retail investors will come in as well and will generate more momentum. I believe the next bull will be better than the last one because there will be more stuff in place and more mass adoption which will bring more people to like and use crypto and also invest in it for the longer term. I am also looking forward to BAKKT as well, so these kinds of institutions are what we need right now. Let's hope the SEC also approves some ETFs as well.

[Ava Duvall]

It will be interesting to see how this impacts the price and other institutions, it should give more credibility to bitcoin and give it that stamp of approval that many aren waiting for before they involve themselves.

I heard tht many are holding back, and really putting their trust in bitcoin like you said "giving stamp of approval". Im looking forward to finding out more

[kenel]

manipulation of people based on the fact that so simple a person can be surprised. I believe that before this news to speak of since it only plans

[rebrik7]

This is what we need more of because the big money that comes in and the whole marketcap grows, that's when more confidence will come into the markets and more and more retail investors will come in as well and will generate more momentum. I believe the next bull will be better than the last one because there will be more stuff in place and more mass adoption which will bring more people to like and use crypto and also invest in it for the longer term. I am also looking forward to BAKKT as well, so these kinds of institutions are what we need right now. Let's hope the SEC also approves some ETFs as well.

Oh, yes. Bakkt+ETF+Fidelity launch can be a truly rocket fuel for the price of bitcoin. And another crypto currencies from the top. I'm sure that it will be good growth of crypto market in the future. And Fidelity will not be only one.

[MarkClark]

You'll see more and more of this as each large financial company wants to have their name tied to the crypto industry. Expect more of this and then governments to start allowing more traditional things like ETFs.

I completely agree with you about that

[Juggy777]

This is what we need more of because the big money that comes in and the whole marketcap grows, that's when more confidence will come into the markets and more and more retail investors will come in as well and will generate more momentum. I believe the next bull will be better than the last one because there will be more stuff in place and more mass adoption which will bring more people to like and use crypto and also invest in it for the longer term. I am also looking forward to BAKKT as well, so these kinds of institutions are what we need right now. Let's hope the SEC also approves some ETFs as well.

Oh, yes. Bakkt+ETF+Fidelity launch can be a truly rocket fuel for the price of bitcoin. And another crypto currencies from the top. I'm sure that it will be good growth of crypto market in the future. And Fidelity will not be only one.

Fidelity is a huge market player and if it can successfully get it clients on board for bitcoins investment we can definitely see high volumes and some upward price swings. Bakkt platform is another interesting thing happening who knows it can act as a catalyst like bitcoins futures did last year. If the Sec were to approve bitcoins etf then surely the prices would shoot up, only a few days more to find about it.

[Reid]

Who's next?
Morgan Stanley? Vanguard?

This companies are enjoying the world of crypto and then suddenly we will all be shocked that they also created their own coin and is much valuable than bitcoin.

Why not just use bitcoin? Is it really that stained for them to avoid it?
Now bitcoin became just an example to them?

[chickenado]

This is expected, as much money can be made from Crypto trading, is just what client want and more younger generations are enthusiastic about crypto but the enemies of decentralization keep blinding the eyes of the government for approval of the necessary orking frame works required for bigger players to come invest.

This a good and a big splash to the crypto market, because of these the system and integrity should be intensified and might be developed to minimized the incident of hacking.

[eashikde]

I came to the cryptocurrency world in order to get a good profit for further development, but at the same time not to withdraw all means. Many also came here when Bitcoin began to take off .. and as he sank, they immediately withdrawn all funds. I think this is wrong.

[hodlbitcoin2020]

Fidelity entering the crypto market is good news for crypto investors  branded financial institution is coming into crypto which is good sign for crypto industry

[pavka]

Apparently the news is not reliable, since, besides the source and a couple of unreliable publications, I could not find this information anywhere else. In general, quite a lot of similar news has recently appeared, as if there is a company that is interested in spreading positive news about Bitcoin.

[hodlbitcoin2020]

Big Financial institutions entering the crypto market and they are forming crypto products is definitely a good move for cryptocurrency market growth

[oceantiger]

Good one, this will certainly boost the influence of bitcoin and will attract more patrons and create wider adoption of bitcoin. This will also increase the demand on bitcoin. This is confidence speaking on the part of fidelity investment for bitcoin. The multiplying effects  of this investment alone will increase the confidence of the public on the cryptos.

[Gary Levanevskii]

I heard that they admitted that they have been engaged in Bitcoin mining for a long time. I think that they have much more cryptocurrency than we think. I wonder what the next news from them will be.

[rebrik7]

I heard that they admitted that they have been engaged in Bitcoin mining for a long time. I think that they have much more cryptocurrency than we think. I wonder what the next news from them will be.

Really? They mined crypto before?
If so, then it says a lot.
First of all it means that such serious organizations were interested in Bitcoin much earlier than we thought. And they even took care of getting cryptocurrencies in advance.
That's great.

[DennyPen]

I heard that they admitted that they have been engaged in Bitcoin mining for a long time. I think that they have much more cryptocurrency than we think. I wonder what the next news from them will be.

Really? They mined crypto before?
If so, then it says a lot.
First of all it means that such serious organizations were interested in Bitcoin much earlier than we thought. And they even took care of getting cryptocurrencies in advance.
That's great.

I tend to think almost every serious financial organization has already taken btc into radar. The problem is that most of them don't announce that and deal with btc not publicly.

[beliomir]

Great news, but usually these people do not say such words on the buliku)

[joshv06]

I heard that they admitted that they have been engaged in Bitcoin mining for a long time. I think that they have much more cryptocurrency than we think. I wonder what the next news from them will be.

Really? They mined crypto before?
If so, then it says a lot.
First of all it means that such serious organizations were interested in Bitcoin much earlier than we thought. And they even took care of getting cryptocurrencies in advance.
That's great.

I tend to think almost every serious financial organization has already taken btc into radar. The problem is that most of them don't announce that and deal with btc not publicly.

It is good news for investors and it will boost the crypto market because of the well know investement firm Fidelity is entering crypto world and enabling Fidelity Digital Asset Services to use bitcoin. As CEO of Fidelity said "Our goal is to make digitally native assets" which helps many investors to look and invest in BTC and also hoping for the government's to look forward for crypto market as well.

[boakyei]

This kind of news is good for the crypto community and hopefully most institutional investors and financial institutions will be getting involve in cryptocurrency on large scale.

[sheenaedago]

Apparently the news is not reliable, since, besides the source and a couple of unreliable publications, I could not find this information anywhere else. In general, quite a lot of similar news has recently appeared, as if there is a company that is interested in spreading positive news about Bitcoin.

    I think FIDELITY is really important method dealing the circumstances along the field. I also believe it can help people to gain the reliability of confidence to engage an accurate informations that can be shared in this forum.

[Jamburn]

This is a great and exciting thing for the cryptographic market, as these systems and integrity should be enhanced and can be developed to minimize hacking incidents.

[rosemary4u]

It is always refreshing to see these kind of messages that gives crypto enthusiasts great relief. I believe when many people around the world begin to appreciate and make use of bitcoin, many of such news would appear. The world of cryptocurrency  needs more of such initiatives to promote the agenda behind blockchain technology.

[loveinberlin]

I love crypto and think that it is our future. Thanks for sharing interesting information with us! I think that fidelity has really entered the world of crypto and it won't leave it

[andika2018]

Great news!  Looks like fidelity which administers over 7 trillion in assets is entering the crypto world with their Fidelity Digital Asset Services.  "Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors," Fidelity Investments CEO Abigail Johnson said in a statement.  This is a huge milestone for the crypto future.  You can read the news here:

https://www.engadget.com/2018/10/15/fidelity-manage-cryptocurrency-trading-custody-investors/?yptr=yahoo

More financial institution coming to cryptomarket and investing their funds in this market. I am believe market will recover soon or later because cryptomarket still have big potential profits. Compare with others markets, cryptocurrency market still undervalued and if big finance institution start to come to market, i am believe crypto market cap value will recovery again

[biskitop]

this is a big shock that will bring crypto to the bull run and next year there is no doubt that crypto will rise soon.

[ansarose1]

This is so great news. In this time that market facing downfall of prices there still like this issue to maintain the trust of investors eapecially investors of bitcoin. I also think as a result of this, market stabillity would comeback and bring the price up again.

[ribowo76]

In my opinion, this is something very good. Because, in the global adoption process, cryptocurrency will really need such companies to be easily accessible to many people

[automaticmoney]

Multi-Billion dollar Financial company Fidelity entering the crypto market is a good sign of development for cryptocurrency industry Following Fidelity even Nasdaq  also launching their own cryptocurrency platform by next year

[Ezenwanyi1]

This is really a good news at this time in the history of Cryptocurrency market and the blockchain technology.
I believe this single development would get other companies earger to get into the Cryptocurrency space .....which will undoubtedly drive adoption rate.

[eaLiTy]

Great news!  Looks like fidelity which administers over 7 trillion in assets is entering the crypto world with their Fidelity Digital Asset Services.  "Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors," Fidelity Investments CEO Abigail Johnson said in a statement.  This is a huge milestone for the crypto future. 

I am sure we will hear more news like this from big investment platforms in the future, when things are more clear and crisp and more front ends that will give a simple understanding of the process, there will be more investors coming in and with the regulation talks being going on, i am sure these big investors are waiting for the government to come up with some standard or their acceptance and when there is more clarity regarding the legality side of things, the price will soar again.

[rebrik7]

Great news!  Looks like fidelity which administers over 7 trillion in assets is entering the crypto world with their Fidelity Digital Asset Services.  "Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors," Fidelity Investments CEO Abigail Johnson said in a statement.  This is a huge milestone for the crypto future. 

I am sure we will hear more news like this from big investment platforms in the future, when things are more clear and crisp and more front ends that will give a simple understanding of the process, there will be more investors coming in and with the regulation talks being going on, i am sure these big investors are waiting for the government to come up with some standard or their acceptance and when there is more clarity regarding the legality side of things, the price will soar again.

Still to less information about this event, despite the fact that this is a very important event.
Last published news is in the middle of december.

[Denton]

Now there may be a lot of positive news to stimulate growth in the market. However, if they are not real, then unfortunately nothing good will happen. We need time to recover from a prolonged drop. But if this news is true, then it's great, it can have a good impact on the market.

[superstarbtc]

Fidelity Nasdaq and Bakkt all financial institutions are entering into the crypto market which is good sign we can more transparent crypto products from these companies

[rebrik7]

To less official information directly from themselves, and now I have some doubts about Fidelity will entering crypto world in near time.

[Sadlife]

As crypto gets popular you'll see more institutional and financial companies taking interest in it because its more efficient more convenient and the future of payments and transactions. This is a never been seen technology a truly innovative system that could potentially change how we use money that surpasses fiat system in terms of technology and security.

[Daltonik]

Fidelity Investments received regulatory approval to launch a spot bitcoin ETF in Canada, because of the SEC's position, there was nothing left but to launch the product in a neighboring country.

[tiCeR]

This is really a good news at this time in the history of Cryptocurrency market and the blockchain technology.
I believe this single development would get other companies earger to get into the Cryptocurrency space .....which will undoubtedly drive adoption rate.

I think so too. Every innovation brings the whole crypto community forward. I'm already looking forward to the next big things. The whole topic will still surprise some. The main thing is to stay on the ball yourself and bring crypto forward.

[Daltonik]

Fidelity Digital Assets, the cryptocurrency division of Fidelity Investments, has received an FCA license in the UK to conduct operations with digital assets.  https://register.fca.org.uk/s/firm?id=0014G00002WLrzcQAD

Fidelity Digital Assets has also announced cooperation with Nexo, a provider of lending services secured by cryptocurrencies. https://www.businesswire.com/news/home/20211207005739/en/Nexo-Expands-Institutional-Access-to-Crypto-in-Collaboration-with-Fidelity-Digital-Assets