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A group of US Senators has written a letter to Abigail Johnson, CEO of Fidelity Investments, demanding an explanation for the decision to include bitcoin as an option in 401(k) retirement savings accounts. The management company intended to add a similar feature this summer. The option will be...
The price of the first cryptocurrency could drop to $30,000 or even $23,000, said Jurrien Timmer, head of macroeconomic research at asset manager Fidelity Investments. He compared bitcoin price trajectories to investment bank Goldman Sachs' Retail Favorites Index based on stocks popular with retail...
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