Fidelity Ramps up Crypto Rollout – October 21

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$8,290

Bitcoin has reclaimed the $8,000 mark over the weekend, hitting the $8,300 mark today.

Altcoins are also in the green, seeing Bitcoin Cash leading the way with a 3.5% rise in the last 24 hours. Ethereum is up 1%,  while XRP is down 1%.

Top Stories for October 21, 2019 🔥

👉 Fidelity Ramps up Crypto Rollout

Fidelity Investments are now in full roll-out mode with their cryptocurrency custody and trading service desk.

The financial group’s cryptocurrency arm was created to facilitate over-the-counter trading and custody of digital assets, for hedge funds, family offices, and financial advisers.

Fidelity Investments is no small fish in the world of finance, managing $2.8 billion of assets.

👉 Telegram TON Token Court Hearing Postponed Until 2020

The New York District Court hearing between the SEC and Telegram has been delayed until February 18-19 of next year. Initial reports stated the hearing date was on the 24th October 2019, however this has since been corrected.

A court order has demanded that no Gram tokens are to be sold, offered, or distributed until the conclusion of the hearing.

👉 China’s Central Bank Cryptocurrency is “Close” to Being Released

According to major news outlets, an official from the People’s Bank of China has stated that their cryptocurrency is “almost ready” for release.

The project has been underway for five years, and can be issued both by the PBOC and commercial banks.