Browsing Tag
fidelity
Binance market share takes regulatory hit, its US affiliate shrinks
The market share of Binance, the world's largest cryptocurrency exchange, and its US affiliate have shrank this year, as they battle an onslaught of regulatory crackdowns.Last month, Binance was hit by a lawsuit by the US Securities and…
Coinbase surges after Cboe names crypto exchange in bitcoin ETF application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund.Cboe on Friday refilled…
Fidelity leads flurry of Bitcoin ETF refilings to answer US SEC
Fidelity Investments has led a handful of firms that have filed a fresh set of applications for a spot-Bitcoin exchange-traded fund to add new details after the US Securities and Exchange Commission (SEC) indicated that the initial filings…
Fidelity cuts Gupshup’s valuation by 37% to $876 million
A fund run by financial services giant Fidelity Investments has marked down the valuation of its investment in Gupshup, a messaging software-as-a-firm, by 37.4%, according to a regulatory disclosure as of May 31 2023.In June 2021, the fund…
Fidelity Refiles Spot Bitcoin ETF Application With US SEC: Details
Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets with the US Securities and Exchange…
Fidelity preparing to submit spot bitcoin ETF filing: report
Asset management giant Fidelity is close to submitting its filing for a spot bitcoin exchange-traded fund (ETF), the Block reported on Tuesday citing a source familiar with the matter.The filing, expected as soon as Tuesday according to the…
Bitcoin Eyes Third Straight Day of Gains After Touching Two-Month High – News18
Last Updated: June 22, 2023, 04:59 ISTNew York, United States of America (USA)The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations. (Photo:…
Twitter’s worth takes a tumble: Elon Musk’s $44 billion investment deflates
Social media giant Twitter, acquired by billionaire Elon Musk for a staggering $44 billion, has seen its market value plummet to just one-third of its purchase price, a Reuters report said. Financial services company Fidelity, holding an…
Twitter: Twitter now worth just one-third of what Musk bought it for – Times of India
Fidelity has marked down the value of its equity stake in Twitter, indicating that the social media platform is now worth only one-third of what Elon Musk paid for it.In October of last year, Muskpurchased Twitter for $44 billion. He has…