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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans


Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...

VanEck Opens Another Bridge To Bitcoin For European Investors


Today, VanEck Europe, an arm of US-headquartered major US asset manager VanEck, launched its crypto exchange-traded note (ETN), tradable via Deutsche Börse Xetra, targeting investors in Germany, the Netherlands, and the UK. However, in the UK, the company targets professional investors only,...

80%-Empty Ethereum 2.0 Deposit Contract Gets A 4% Boost From Dubai Investor


Khurram Shroff, Dubai-based entrepreneur and Chairman of the IBC Group, an investment company, agreed to send ETH 20,000 (USD 9.6m) into Ethereum 2.0 (ETH 2.0) deposit contract as it struggles to reach its target. ETH 20,000 is equal to almost 4% of the needed amount - ETH 524,288 (USD 251m) -...

Stanley Druckenmiller Owns Bitcoin, Calls It Attractive Store of Value


Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be a better investment than gold. Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on Monday that he owns bitcoin...

The SEC Votes to Modernize Regulatory Framework for Derivatives Use


The US Securities and Exchange Commission (SEC) will enhance the regulatory framework for derivatives use by registered investment companies after passing a vote to either change or amend existing rules. As part of the new framework–which covers mutual funds, exchange-traded funds (ETFs),...

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