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VCs indulge in $1.4bn crypto bonanza in January
Yahoo Finance· 2026-01-31 06:36
Investment Trends - Venture investors invested $1.4 billion into crypto companies in January 2026, a 14% increase from January 2025, despite a decrease in the number of funding events from 85 to 60, indicating larger investments in fewer companies [1] - The focus of venture capital is shifting towards American startups as regulations become clearer, with a notable resilience in US markets attributed to the rise of AI tools [3] Key Investors - Prominent investors in January include traditional Wall Street institutions such as BNY Mellon, Fidelity, Citadel Securities, and Bain Capital, alongside frontier VCs like Maelstrom Fund, Lightspeed, Paradigm, and YZi Labs [2] Major Fundraising Events - Rain secured $250 million in a Series B round led by Iconiq Capital, focusing on providing financial infrastructure for crypto businesses [5][6] - BitGo raised $212.8 million in an IPO, marking a significant milestone for crypto infrastructure companies, with shares sold at $18 each [7][8] - LMAX Group raised $150 million in a strategic investment led by Ripple, enhancing its execution-only trading venues [9]
X @Ethereum
Ethereum· 2026-01-30 17:25
RT Ethereal news (@EtherealnewsHQ)Ethereal news weekly #9🪙 @DigitalAssets Fidelity FIDD stablecoin🛡️ @thedaofund TheDAO Security Fund🆙 @EFprotocol Hegotá upgrade headliner proposalshttps://t.co/fNdxF38qzV ...
A Legendary Stock Picker is Retiring This Year. Here's What He's Looking For in 2026.
Investopedia· 2026-01-30 17:00
His ability to consistently beat the market has drawn big money, with the Contrafund's assets under management recently above $176 billion. Danoff, however, plans to step away from the fund: He is set to retire at year's end, though he will stay with Fidelity in an advisory capacity, per documents filed this week. What makes Danoff a remarkable portfolio manager is that "his success wasn't narrowly confined to one part of his career," Morningstar analyst Robby Greengold told Investopedia. Some portfolio man ...
The best FHSAs in Canada for 2026
MoneySense· 2026-01-30 15:32
Canadians can now boost their savings for a down payment on a home with a first home savings account (FHSA). The account, also referred to as the tax-free first home savings account, creates up to $40,000 in tax-free savings room for first-time home buyers. To date, more than 300,000 Canadians have opened an FHSA. In this article, we’ll answer common questions about the account and help you find the best one for your needs.Frequently asked questions about FHSAsWhere are FHSAs currently available?On April 1, ...
Fidelity plans to launch a stablecoin
American Banker· 2026-01-30 14:00
Core Insights - Fidelity is set to launch its own stablecoin, named the Fidelity Digital Dollar (FIDD), aimed at both retail and institutional investors [1][2] - The issuance of FIDD will occur in the coming weeks through Fidelity Digital Assets, which has received a national trust charter [2][3] - The recent passage of the GENIUS Act provides regulatory clarity for payment stablecoins, allowing firms like Fidelity to issue their own [4][3] Company Developments - Fidelity Digital Assets was established in 2019 and has been a proponent of digital assets and cryptocurrencies [4] - The upcoming stablecoin launch is part of Fidelity's broader strategy to diversify its investment offerings, including a spot bitcoin exchange-traded fund [4] - FIDD will operate on the Ethereum blockchain, allowing transfers to any Ethereum mainnet address [6] Industry Context - The stablecoin market is evolving, with Fidelity's entry expected to influence the financial infrastructure landscape [8] - Other major banks, including U.S. Bank, Bank of America, JPMorgan Chase, and Citi, are also considering stablecoin issuances [5] - The interoperability of Fidelity's stablecoin will be crucial for its adoption and functionality within the broader financial ecosystem [7][8]
Gold & Silver All-Time Highs! What Does This Mean For Crypto?
Bankless· 2026-01-30 11:30
Bankless Nation is the last week of January. It's time for the Bankless weekly rollup. We got markets in a little bit of a tumble right now. David, I was getting ready to say gold and silver are unstoppable because they have been on the week, but now things are reversing. At least for a moment. At least for a moment. >> Well, we do got to talk about gold and uh silver all-time highs this week. Peter Schiff taking victory laps of course. Also, >> he's earned it. Did you know, David, Tether has a nuclear resi ...
Bitcoin ETFs Shed $817M as BTC Hits Nine-Month Low
Yahoo Finance· 2026-01-30 11:24
Core Insights - U.S. spot Bitcoin ETFs experienced a significant net outflow of $817 million, primarily driven by BlackRock's IBIT, which saw redemptions of $317.81 million, surpassing the combined outflows of Fidelity's FBTC and Grayscale's GBTC [1][2] Group 1: Market Dynamics - The aggressive selling of Bitcoin was influenced by negative catalysts, including a drop in Bitcoin's price to $81,315, its lowest since April 2025, and a shift in market sentiment following disappointing corporate earnings [2][3] - Bitcoin's correlation with U.S. equities has turned positive again, with the cryptocurrency selling off alongside equities due to market disappointment in Microsoft's Q4 2025 results and cautious guidance for 2026 [5][6] Group 2: Investor Sentiment - The probability of Bitcoin reaching $100,000 has decreased from 70% to 49% following the recent market collapse, indicating a significant shift in investor outlook [4] - Investors are rotating out of high-volatility assets like Bitcoin into safer assets such as gold, reflecting a broader trend of lowering risk profiles amid changing liquidity conditions [7] Group 3: Macro Factors - The market remains cautious due to macroeconomic pressures, including the potential for a U.S. government shutdown and geopolitical tensions, particularly regarding oil tariffs and the South China Sea [8]
Louisiana church secretary, 87, made the 1 financial mistake too many women make. Now she's working 2 jobs for $12/hour
Yahoo Finance· 2026-01-30 11:00
Reed says it can be a challenge to be the only one left still working among her siblings and friends. They have to plan events around her work schedule.She also can’t afford the $6,000 per year it would cost to insure her home in New Orleans. She’s choosing to risk going without insurance, which means one hurricane could wipe out almost everything she has worked for (1).Today, Reed is on a firmer financial footing. She paid off her house and has income coming in from her two jobs. She receives $3,000 per mo ...
3 Winners and 3 Losers from Emerging-Market Funds' Big Rally
Youtube· 2026-01-30 10:00
Welcome to Investing Insights. I'm your host, Ivana Hampton. Emerging market funds will have a tough act to follow in 2026.The category racked up big gains last year following small returns for years, and a mix of factors like trade tensions prompted many investors to shift their dollars outside the US. Should you add emerging market funds to your portfolio and which ones were winners or losers. Morning Star's senior principal of ratings, Russ Kennel, dug into the data.The editor of the fund investor newsle ...
U.S. listed bitcoin, ether ETFs bleed nearly $1 billion in a day
Yahoo Finance· 2026-01-30 09:37
Core Insights - U.S.-listed spot bitcoin and ether ETFs experienced significant redemptions, with nearly $1 billion withdrawn in a single session as crypto prices fell sharply and risk appetite diminished [1][5] - Bitcoin saw a decline, dropping below $85,000 and nearing $81,000 during U.S. trading hours, while ether dropped over 7% on the same day [2][8] Bitcoin ETF Redemptions - BlackRock's IBIT faced the largest outflow, losing $317.8 million, followed by Fidelity's FBTC with $168 million and Grayscale's GBTC with $119.4 million [3] - Smaller products like Bitwise, Ark 21Shares, and VanEck also reported significant outflows [3] Ether ETF Redemptions - BlackRock's ETHA lost $54.9 million, Fidelity's FETH saw $59.2 million exit, and Grayscale's ETH products continued to experience asset losses [4] - Total ether ETF assets decreased to $16.75 billion from over $18 billion earlier in the month [4] Market Sentiment and Trends - The simultaneous selling across bitcoin and ether ETFs indicates that institutional investors are reducing overall crypto exposure rather than shifting between assets [5] - Rising implied volatility, weakness in equities, and speculation regarding future Federal Reserve leadership negatively impacted market sentiment [6] Leveraged Positioning and Price Action - Aggressive unwinding of leveraged positions in crypto markets added pressure to spot prices, with ETF flows currently tracking price action rather than leading it [7] - Analysts expect ETF demand to remain fragile as long as bitcoin and ether are under pressure, with investors waiting for volatility to subside before re-entering the market [7]