Strengths
Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was SoldierNodes, rising 1,413.88%.
Fidelity Investments' cryptocurrency-focused subsidiary is planning to hire more than 100 new technology workers as it works to expand its offering beyond Bitcoin, the Wall Street Journal reports. Fidelity Digital Asset Services wants to add engineers and developers with blockchain expertise in its hiring of 110 tech workers for cryptocurrency services outside of Bitcoin.
Cryptocurrency custody firm Fireblocks hired Varun Paul, the former head of fintech at the Bank of England, as its first director of central bank digital currency and market infrastructure, writes Bloomberg. Paul will lead Firelocks' efforts to build infrastructure for the integration of central bank digital currencies (CBDC), the firm announced Tuesday and reported by Bloomberg.
Weaknesses
Of the cryptocurrencies tracked by CoinMarketCap, the worst performing for the week was ERC20 down...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...