Features Crypto News by Thebittimes.Com

Stacks, the leading Bitcoin (BTC) Layer-2 (L2) network for BTC-oriented decentralized finance (DeFi), has announced that its sBTC token has been adopted by a number of institutional clients, as detailed to Finbold on Thursday, February 27. sBTC’s next major milestone will be the launch of its withdrawal functionality, which is scheduled for March 2025. sBTC adoption  As a decentralized, Bitcoin-backed, programmable asset, sBTC is designed to bring additional flexibility to the BTC ecosystem.  Picks for you ChatGPT says Solana price will hit this target by March 2025 16 hours ago MetaMask integrates 10 blockchains in crypto off-ramp expansion  16 hours ago ...

Cryptocurrencies are gaining traction worldwide. The rise in interest has been prevalent among investors, including consumers, retailers, and organizations. Large banks have also started to provide cryptocurrency custody for their users. This is primarily due to the demand from clients asking for the same. Apollo Global Management, with its recent collaboration with the institutional cryptocurrency exchange Anchorage Digital, is expanding into the blockchain realm. Apollo has now started to hold cryptocurrencies on behalf of its clients. This collaboration is considered one of the latest and most major moves by one of the world’s largest asset managers to provide cryptocurrency access to institutional investors. JUST IN: $500 billion-asset manager Apollo is now offering #Bitcoin & # crypto custody for institutional clients . — Watcher.Guru (@WatcherGuru) October 31, 2022 Apollo’s decision comes amidst a prolonged bear market The decision, even thoug...

Join Our Telegram channel to stay up to date on breaking news coverage Institutional Fidelity customers received an email recently stating that Ethereum would soon be available for purchase. The email’s author, Fidelity Digital Assets, represents the crypto branch of the $4.5 trillion asset management giant Fidelity. Ethereum’s switch from the energy-intensive Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) has made the investment far more attractive socially and environmentally, and just the sheer growth of Ethereum’s ecosystem has large investors curious. ETH Claims Institutional Investors Fidelity has taken a pro-Bitcoin stance recently and has outlined plans to allow access to the digital asset in 401(k) retirement savings accounts. Now Ether will become the second digital asset offered to institutional clients. On October 28th, 2022, Fidelity will launch custody and trading of Ether for institutional clients . This announcement follows Fi...