Month: December 2022

Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products – Featured Bitcoin News

Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark Applications Fidelity Investments filed three trademark applications with the United States Patent and Trademark Office (USPTO) last week for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity has $9.6 trillion in assets under administration as of Sept. 30; the financial services firm serves about 40 million…

Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin News

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The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by the Commission on a temporary basis.” Bahamas Regulator Seizes FTX’s Cryptocurrencies The Securities Commission of the Bahamas (SCB) said Thursday that it has obtained a court order to transfer the digital assets owned by, or under the custody or control of, FTX Digital Markets Ltd. (FTXDM) to its…

New research indicates boomers make better crypto investors

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As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says that 34% of boomers spend “a few days” doing due diligence on a project before investing — 50% more than other generations. More concerning still, “64% of North American investors spend less than two hours or don’t DYOR at all.” Boomers are also more likely…

Bitcoin Investor Sentiment Remains Steady As BTC Stalls At $16,000

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Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down, and as a result, investor sentiment hasn’t moved. Bitcoin Investors Still In Fear The crypto Fear & Greed Index shows that bitcoin investor sentiment hasn’t really moved much in the last month. It closed out the month of November at a score of 29 which put it right in the fear territory…

Bitcoin Price Remains Stagnated Can Expect Rebound?

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It has been a rough year for Bitcoin and most major altcoins. Over the last 24 hours, Bitcoin lost 1% of its value, which points towards consolidated price action. BTC has not made much progress over the past week either, as the coin only lost 1.6% of its market value. For multiple weeks, the coin has been oscillating between $16,400 and $18,000. The closest support line for the coin stood at $16,000. The technical outlook for Bitcoin depicted mundane price action due to a decline in the buying strength on…

Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest – Bitcoin News

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After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed she managed to interview SBF, while Lewis visited to presumably get information on the downfall of the FTX empire for the writer’s upcoming book. SBF Gets 2 Visitors While on House Arrest and Before His Jan. 3 Arraignment in New York Since…