Bitcoin [BTC]: Fidelity’s announcement is the biggest announcement this year, says One Alpha CEO

Yaniv Feldman, Founder, and CEO of One Alpha, spoke about Fidelity’s step in the cryptocurrency market and the path it is paving for the institutional investors, in an interview with CNBC Crypto Trader. He also spoke about the difference between Fidelity’s announcement and Yale Univesity’s announcement about entering the cryptoverse. Earlier this year, Fidelity Investments, […]

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are […]

 

Bitcoin [BTC], Ethereum [ETH] price decline is not due to shorting, says Genesis Global Trading CEO

Recently, Michael Moro, CEO of Genesis Global Trading, a digital currency platform which provides over-the-counter digital currency trading for high net-worth institutions, said that two-thirds of their loan portfolio was not used for anything related to shorting. In an interview with CNBC Fast Money, Moro said that out of the loans that are active today, or as of […]