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Today’s Cryptocurrency Headline
Fidelity has filed three metaverse related trademark applications with The U.S. Patent and Trademark Office (USPTO), covering NFT and NFT markets, virtual real estate investments, crypto trading, and metaverse investment services, according to The Block. Fidelity has embraced digital assets more than most large investment firms. In October, Fidelity said it planned to hire 100 more people in cryptocurrencies, expanding its digital assets team to 500. The company also launched commission-free retail crypto trading accounts in November.
BingX’s Bitcoin Chart
Source: TradingView & BingX
Based on Bitcoin’s recent behavior, it is still trading below the $17,000 resistance level, which it has been unable to break effectively. The quick recovery from last night’s slight drop in Bitcoin is a sign of jittery market sentiment. If bitcoin does not break through resistance in the near term, it will continue to oscillate between $16,500 and $16,880.
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