Fidelity Seeks SEC Approval for Metaverse ETF

Fidelity Investments has filed an application for a Metaverse ETF, aiming to track public companies with exposure to the blockchain-based network of three-dimensional, virtual realities. The Fidelity Metaverse ETF will track the Fidelity Metaverse Index, which tracks โ€œthe performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse,โ€ according to the filing Fidelityโ€™s application is the latest among companies looking to address skyrocketing interest in the metaverse. Last December, ProShares filed a metaverse ETF application with the…

Stock Market Vs Cryptocurrency / Bitcoin Explain in Hindi | Where you should Trade

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Recapping ARK Invest’s “Big Ideas” Report

We recently highlighted ARK Investโ€™s big crypto take recently, released as part of their โ€œBig Ideas 2022โ€ report. The big idea that we covered was one of ARKโ€™s most loud takes in the entire report, a modeling of bitcoinโ€™s potential path to a $1M price per token by 2030. However, thereโ€™s more to digest out of the Big Ideas report โ€“ an annual digest of innovation, five years in the running, from the team at ARK Invest. So letโ€™s take a look at some other crypto and blockchain related insights…

Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving โ€” Says Crypto ‘Is Happening’ โ€“ Featured Bitcoin News

Lloyd Blankfein, a former Goldman Sachs CEO who is now the firmโ€™s senior chairman, says his view on cryptocurrency is evolving. โ€œI look at the crypto, and it is happening,โ€ he added. Goldman Sachs Executive Lloyd Blankfein Says Crypto โ€˜Is Happeningโ€™ Lloyd Blankfein, a former Goldman Sachs CEO who has voiced skepticism about cryptocurrency in the past, said in an interview with CNBC this week that his view on crypto is โ€œevolving.โ€ Blankfein served as Goldman Sachsโ€™ chairman and chief executive officer from 2006 through September 2018, and remained chairman…

Cryptocurrency News Today | Why Crypto Market Is Going Down | Bitcoin Dump | Crypto News Today

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$8B New York commercial bank to offer Bitcoin services

Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services to its customers. The bank was founded in 1929 and according to its Q4 report it held more than $8 billion worth of assets at the end of 2021, with a net income of around $200 million. According to an announcement, the partnership with NYDIG will enable the bank to offer its customers BTC buying, selling and holding services in a โ€œsafe and…

House Bill Could Let Treasury Secretary Block International Crypto Transactions

The Treasury Secretary already has this power in limited quantities. Under existing law, the regulator, in consultation with the Federal Reserve Chair, Secretary of State, federal regulators and other agencies can impose these restrictions on transactions. However, a public rulemaking notice must be issued alongside the restriction, and the restriction will lift after 120 days unless the Treasury Department implements a rule continuing the block after the comment period. Source

Senator Warren Targets 6 More Crypto Miners for Their Energy Use

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…