BNY Mellon looks after crypto now. What does it mean for the industry?
Bank of New York Mellon, the world’s largest custodian bank, said it would begin storing clients’ crypto assets starting Tuesday, despite the price chaos of digital...
Tagged: portfolio
The Fintech Files: Crypto Funds Dumped Ethereum After Merger – Here’s Why
The Ethereum merger may be complete, but it hasn’t caused investors to pile into the asset as much as some might have hoped. Ether saw outflows...
Crypto needs big investors to bounce back. What scares them off.
Text size Bitcoin 2022 Conference in Miami. Marco Bello/Getty Images If “Waiting for Godot” were set in the cryptoverse, its titular character would be an institutional...
BlackRock Launches a Bitcoin Trust. What it means for crypto and the stock.
Text size BlackRock launches a private Bitcoin trust as the giant asset manager delves further into crypto. Jeenah Moon/Bloomberg Black stone is diving headfirst into cryptocurrencies,...
Cannabis, crypto and meme stocks rise on Monday as the stock market sell-off continues
Investors found some support in the recent rally in US stocks, but not necessarily in the places one might expect. While traditionally defensive sectors such as...
Coinbase shares rise as exchange forms crypto partnership with BlackRock
Text size BlackRock partners with Coinbase to offer Bitcoin trading services. Michael Nagle/Bloomberg Black stone working together with Coinbase Global Offering Bitcoin trading services to institutional...
Bitcoin has already bottomed out, has a real value of $40,000, says Anthony Scaramucci
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said he believes the worst of the crypto bear market has already passed, following the bankruptcy of...
Fidelity Launches Bitcoin 401(k)s. Fintech start-ups are also in the market.
Text size Bitcoin IRA allows users to invest in 65 cryptocurrencies. Yuriy Kopilets/Dreamstime.com Fidelity Investments made waves in the retirement planning industry when it became the...
Fintech startups follow Fidelity Investments with bitcoin retirement plans
Fidelity Investments made waves in the retirement planning industry when it became the first of the major record holders to roll out bitcoin for 401(k) plans....