Crypto still enjoys the backing of institutional investors

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City AM

By Darren Parkin The ongoing institutional investment support being shown to Bitcoin and cryptocurrencies demonstrates that they are unstoppable. This cohort continue to pile into the space despite industry-rocking collapses of some firms and attempts by some governments and central banks to bring crypto down. The $10 trillion investment giant Fidelity launched their new retail crypto trading accounts this week, moving deeper into the cryptocurrency ecosystem. Not only will the financial behemoth offer services to clients, it is also saying its 23,000 employees can use the facilities to admini…

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