Fidelity Says Bitcoin First, Tom Brady-Backed Crypto Platform Valuation, Kanye West

Fidelity broke down its case for ‘Bitcoin First’ in its latest whitepaper, FTX Trading secured a $32 billion valuation and Kanye West took to Instagram to discuss (or not discuss) NFTs. Watch Ross Mac of Maconomics break down the latest cryptocurrency news on TheStreet’s ‘Crypto Minute’ on Tuesday, February 1.

Transcript:

We have one of the largest assets managers in the world sounding a little upbeat on Bitcoin, while Kanye West isn’t feeling NFTs right now.

I’m Ross Mac and these are the biggest stories in cryptocurrency on Tuesday, February 1.

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}
;if(!f._fbq)f._fbq=n;
n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,
document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
(function(){
fbq(‘init’, ‘135067773744716’);
fbq(‘track’, ‘PageView’);
var contentId = ‘ci0298c409300425f1’;
if (contentId !== ”) {
fbq(‘track’, ‘ViewContent’, {content_ids: [contentId], content_type: ‘product’});
}
})();