Report: Fidelity to Roll Out Crypto Trading ‘Within a Few Weeks’
Fidelity is launching cryptocurrency trading service for institutional customers “within a few weeks," according to Bloomberg source.
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility.
The firm says it's implemented "volatility interruptions" to protect traders from having all their stops triggered in a flash crash.
More than 57,000 BTC have been withdrawn from BitMEX since Sept. 30.
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange.