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According to Bloomberg, Fidelity Investments is on the verge of buying and selling Bitcoin (BTC). Earlier this year, the firm began a custody service to store Bitcoin, but now it will evolve to trading. Fidelity Investments Embraces Bitcoin Fidelity is one of the largest asset managers in the world. Its newly-formed arm—Fidelity Digital Assets—will be
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View Alternative cryptocurrencies are flying high while bitcoin is having a breather above $8,000. Notably, ether (ETH) has hit a seven-month high of $235 and looks set to extend gains further toward $256 (Sept. 22 high) in the near-term. XRP, meanwhile, has confirmed a bull breakout. With hourly chart indicators diverging in favor of the
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Shutterstock Wall Street is working on a new platform which will ease the trading, storing and spending digital assets. That’s bullish for bitcoin and other cryptocurrencies. It will help them gain acceptance among investors, merchants and consumers. Last week, Intercontinental Exchange (ICE) announced plans to form a new company, Bakkt, with the purpose to create
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Everywhere you look these days, it seems to be bad news for folks who invest overseas. From the fallout caused by a continuing trade war with China to the continued uncertainty posed by Brexit to ever-present geopolitical risks in the Middle East, the headlines don’t inspire confidence. And besides, with the S&P 500 index SPX,
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According to CoinTelegraph, HTC’s blockchain phone, Exodus 1, now allows users to trade cryptocurrency directly from the phone’s native crypto wallet. The Taiwanese technology giant made the announcement early on Tuesday. Exodus 1 Blockchain Phone – Native Wallet Trading HTC’s Zion Vault will now allow swaps between various cryptocurrencies. The new feature is the result
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Investors in health-care stocks could be forgiven for asking: “What rally?” While the Dow Jones Industrial Average and the S&P 500 index have both soared more than 20% from their Christmas Eve lows, health-care stocks have gained less than half as much. As the S&P SPX, +0.06%  sets new all-time highs and the Dow DJIA,
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped to 3.75% from 3.78% the week before. The Bond Buyer’s 20-bond GO Index of 20-year general obligation yields sank six basis points to 3.57% from 3.63% the week before. It is at its
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Architect I.M. Pei stands inside of the construction site for the Louvre’s inverted pyramid. He designed the glass and metal pyramids to serve as an entrance to the Louvre museum. Paris, France. Owen Franken – Corbis | Corbis Historical | Getty Images I.M. Pei, whose modern designs and high-profile projects made him one of the
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