Fidelity’s Tom Jessop says crypto has hit a ‘tipping point’

[ad_1] Executives at investment giant Fidelity are confident that cryptocurrency market momentum will continue for the foreseeable future. Speaking to MarketWatch on April 8, Tom Jessop who heads the investment firm’s crypto division said that he believes crypto has opened a new chapter in traditional finance circles and things have reached a tipping point for … Read more

Bitcoin Reclaims $58K After Fed Underscores Continued Recovery Support

[ad_1] Bitcoin rallied on Thursday after the Federal Reserve vowed to support the economic recovery in the United States. The benchmark cryptocurrency jumped 3.80 percent to $58,083 after declining two days in a row. Meanwhile, its rivals across the crypto space, including the second-largest token Ethereum and its runner-up Binance Coin, also surged higher. Almost … Read more

Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO

[ad_1] Centralized cryptocurrency exchanges (CEX) have received increased attention over the past couple of months as excitement builds over Coinbase’s April 14 NASDAQ listing and the exchange’s recent announcement that it pulled in $1.8 billion in revenue during the first quarter of 2021.  Even as decentralized finance (DeFi) and popular decentralized exchanges (DEX) like Uniswap (UNI) … Read more