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Today’s Cryptocurrency Headline

Fidelity Digital Assets division plans to add an additional 100 new employees over the next six months, said Chris Tyrer, head of Fidelity Digital Assets Europe and head of Fidelity Digital Asset Management. This will bring its workforce to around 600 people. The new hires will all be within Fidelity Digital Assets and will be across multiple regions and functions including technology, business development, client services, marketing and compliance.

BingX’s Bitcoin Chart

Source: TradingView & BingX

The benchmark 10-year Treasury bond yield rose to about 4.23% Thursday afternoon, the highest level since June 2008. Bitcoin is up 0.49% over the last 24 hours and rose to an intraday high of $19,250. U.S. stocks surged after the Wall Street Journal reported that the U.S. Federal Reserve will likely debate on a smaller interest rate hike in December. However, the largest cryptocurrency still trades in a tight range on Friday. For now, the sideway trading activities are likely to continue as there is not much volatility in the market. 

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