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Top Banks Are Building a Crypto Settlement System, Showing More Mixed Signals On Blockchain Support

The banking industry, now well aware of blockchain’s revolutionary potential, continues to explore a range of options for integrating the technology into their present operating processes. Although there is no doubt that cryptocurrency poses a threat to their business models, there are also very real opportunities to use it for their own benefit. Nevertheless, the…

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Institutional Interests Driving Bitcoin’s Resurgence, Entire Crypto Market In Flux

Bitcoin’s price rebound is bringing renewed attention to crypto adoption, and all signs point to significant investment moving into blockchain assets over the course of the next few months. Not surprisingly, comparisons are being made to 2017, when Bitcoin, and many altcoins, rapidly increased in value, reaching all-time highs in early 2018. Nevertheless, much has…

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FIDELITY SURVEY REVEALS INCREASING INSTITUTIONAL APPEAL FOR CRYPTO ASSETS

Fidelity survey reveals increasing institutional appeal of cryptocurrencies

The digital currency arm of Fidelity Investments, a traditional financial firm with over $26 billion USD in assets, has conducted a survey which included more than 400 US-based institutional investors. The sample includes pensioneers, family offices, cryptocurrency & traditional hedge funds, financial advisors, and endowments & foundations, according to a press release about the findings.…

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Rise of Corporate Coins: Major Companies Latest Players Creating Proprietary Cryptocurrencies

The means by which large companies are entering the crypto space is diverse and complex. Whereas many are investigating the use of public blockchains for a wide variety of uses, some are now considering their own proprietary coins. These cryptocurrencies could serve a variety of functions, from better managing operational logistics to giving customers alternative…

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