Fidelity Crypto Trading Creates ‘Best News’ Scenario for Surging Bitcoin Price

2019-5-7 18:10

By CCN: Fidelity, one of the world’s largest investment firms with almost $7 billion customer assets, will reportedly launch a cryptocurrency trading platform “within weeks. ” The bitcoin trading service is aimed at institutional investors and will come complete with high-grade custody.

Bloomberg’s Matthew Leising said the move is the “best news” for the price of cryptocurrencies, which this morning surged to a 2019 high: “For the price of Bitcoin, this might be the best news that it’s had in maybe a year or so. ” Breaking: $7 Trillion Asset Giant Fidelity to Launch Crypto Trading “Within Weeks” https://t. co/14w4FhGquv — CCN. com (@CCNMarkets)

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Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Over the past several days Bitcoin (BTC) has seen an extended period of sideways trading within an extremely tight trading range between approximately $3,550 and $3,650. Although this lack of volatility may be welcomed by investors who are tired of the cryptocurrency’s frequent price movements, historically involatile price action leads to a massive price movement.

2019-1-27 22:30