The week is drawing to a close with Bitcoin back above $7,000 which keeps it consolidating as the bulls and bears battle it out. Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent.Bitcoin Holds Major SupportSince its big mid-week…
Looking back at when derivatives products were launched for other asset classes may offer some insight as to what will happen to Bitcoin markets. Analysts have been doing just that and the results are extremely bullish on paper but there could be some differences with crypto assets. Bitcoin Futures Good or Bad? To draw comparison,…
Winklevoss brother’s crypto exchange Gemini has recently partnered with the financial and infotech services arm of British Telecom in a deal that will open the doors to thousands of exchanges, brokers and fintech institutions. BT Cloud Broker Community Gets Crypto In a press release the British multinational telecommunications company announced that New York based leading…
Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain. Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is…