A new survey of 774 institutional investors conducted by Fidelity Digital Assets has found that more than a third have invested in digital asset spot or derivatives markets.

A group of developers has created a fork of the cryptocurrency-powered Brave browser with no sponsored images, affiliate links or its BAT token.

Warren Earl Davidson, a congressman from Ohio has labelled Bitcoin "a great store of value" in a discussion with podcaster Laura Shin.

Top stories in the Crypto Roundup today:

• Fidelity: One Third of Institutional Investors Have Invested in Digital Assets
• Developers Fork Crypto-Powered Brave Browser to Remove Adware, Affiliate Links
• U.S. Congressman Warren Davidson Calls Bitcoin 'A Great Store of Value'

At the time of writing, bitcoin (BTC) is trading at $9,758.10 (0.78%) with a daily Top Tier volume of $2.34 bn. As for ether (ETH), it is trading at $243.57 (0.09%) with a daily Top Tier volume of $467.97 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,264.08 (0.34%).

Fidelity: One Third of Institutional Investors Have Invested in Digital Assets

A new survey of 774 institutional investors conducted by Fidelity Digital Assets has found that more than a third have invested in digital asset spot or derivatives markets.

Globally, the survey found that 36% of respondents own cryptoassets. In the US, this number was only 27%, up from 22% last year, while in Europe the survey found that 45% had some exposure to crypto.

Interestingly, the survey found that more than 60% of the institutions surveyed had purchased cryptoassets on spot markets, and only 40% had purchased derivatives. Tom Jessop, Fidelity Digital Assets President said:

“These results confirm a trend we are seeing in the market towards greater interest in and acceptance of digital assets as a new investable asset class.”

Developers Fork Crypto-Powered Brave Browser to Remove Adware, Affiliate Links

A group of developers has created a fork of the cryptocurrency-powered Brave browser. The new variant aims to have no adware such as sponsored images, no affiliate links, and will run without its Basic Attention Token (BAT).

The new browser, according to the developers, was meant to be an alternative to the Brave browser that users can choose, but that would boost the browser’s ecosystem. Named the “Braver browser,” it comes shortly after it was revealed Brave was autocompleting addresses on the browser with its affiliate code for top exchanges like Binance and Coinbase.

Brave has apologized for the incident in a blog post, and its co-founder and CEO Brendan Eich has claimed on social media the browser won’t be taking any revenue from Binance. Per Eich, the issue is being fixed so the default autocomplete isn’t the referral link.

U.S. Congressman Warren Davidson Calls Bitcoin 'A Great Store of Value'

Warren Earl Davidson, a congressman from Ohio has labelled Bitcoin "a great store of value."

Talking to podcaster Laura Shin about a range of crypto-related topics, Davidson explained how his interest in Bitcoin was sparked by his background in manufacturing and the complexities he encountered with international payments. Praising the elegance of Bitcoin, the congressman also recalled the early experiments with DigiCash and how solutions were needed for international money transfer.

Davidson also criticised the enormous financial stimulus underway in the US: 

"The Modern Monetary Theory people believe that if you have a central bank you can just keep printing [money]. That's not what history shows, and frankly the logic of it is that you can dilute the value of everyone's money and there is no consequence for it, and that's completely irrational.”

Join our live webinar on Thursday, June 11th

This Thursday at 10 am EST / 3 pm BST CryptoCompare, in partnership with Bequant and Cointelegraph, is hosting a live webinar to explore the future of Bitcoin and digital assets in a post-COVID financial market.

Moderator Greg Winterton (AlphaWeek) and panellists James Harris (CryptoCompare), George Zarya (BEQUANT), Haydn Jones (PwC), Dr. Ruth Wandhöfer (Gauss Ventures) and Jeff Dorman (Arca) will address topics including:

• Market adaptation and the future of digital assets
• Institutional adoption in a post-COVID financial market
• Bitcoin as a safe haven asset
• What to expect for the rest of 2020 and beyond

The webinar will last 60 minutes and includes a Q&A with the speakers when participants will have the opportunity to shape the discussion.

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