The total value of all publicly traded cryptocurrencies set a record high recently as data from CoinMarketCap indicates the crypto asset class is now worth just over $116.9 billion. That’s a 30% rise from just under $90 billion on July 31.

As CoinDesk notes, “The price increases come at a time when optimism is beginning to return to markets following a bitcoin hard fork in which a new cryptocurrency was created without disrupting the larger bitcoin network.”

“Over this time, bitcoin has enjoyed broad media coverage, though it remains difficult to determine if new buyers are being attracted to the space.”

Fidelity is trialing a new service for cryptocurrency, partnering its Fidelity Labs with Coinbase, the cryptocurrency exchange that serves nearly 9 million customers.

The $2.3 trillion investment giant’s deal enables Coinbase users to view their bitcoin, Ethereum and litecoin holdings along with other accounts in their Fidelity Portfolio.

Sourced through Scoop.it from: brandchannel.com