Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin

The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC). The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment options to the customers, […]

Looking To Invest In A Bitcoin Spot ETF? Here’s The Best Next Thing

The refusal of the SEC to approve a Bitcoin Spot ETF has been an ongoing problem for the crypto space. With the approval of multiple Bitcoin Futures ETFs approved last year, it was thought that a Spot ETF would not be far down the line. This has proven to not be the case as the […]

More institutions are looking to invest in crypto, says NEAR Foundation CEO

Cointelegraph’s Joseph Hall interviewed Marieke Flament, the CEO of NEAR Foundation at the Paris Blockchain Week Sumit (PWBS) last week, discussing a range of topics such as the struggle by institutional investors to understand how they can participate in the crypto space. Hall and Flament talked about how institutional investors are trying to learn about […]

‘It’s not too late to invest’

Motivations for buying Bitcoin (BTC) are numerous: a hedge against inflation, financial independence or even hopes for a Lamborghini and life in the sun.  For “Mr. ERB,” a keen blogger and Bitcoin enthusiast, it’s all about retiring early. ERB keeps a detailed account of his finances on his blog and spoke to Cointelegraph about his Bitcoin […]

BlueYard, Sequoia Invest in Privy to Bring Secure Data to Web 3

Stein said Privy has seen a lot of activity in the spaces of DeFi, decentralized autonomous organizations (DAO) and “what we would call Web 2 serving Web 3,” which includes hardware, wallet providers, crypto exchanges, on and off ramps. In other words, areas where compliance and communication are key. Source link

What is driving institutions to invest in crypto? BlockFi’s David Olsson explains

In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his insight on the state of institutional adoption of cryptocurrencies. BlockFi is a financial services company that offers retail wealth management products such as crypto-backed loans, interest accounts, Bitcoin (BTC) rewards credit cards, etc. […]

Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on April 9. The […]

Cash App users can now invest paychecks into Bitcoin

At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers which will allow them to automatically invest a portion of their direct deposit paychecks into Bitcoin (BTC). The mobile payment service run by Jack Dorsey’s Block, formerly known as Square, will enable Cash App Visa Cash Card users […]

‘People should invest in all of the major layer-1s,’ says a veteran trader

Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built.  “Any of these small projects could […]