Investing.com – Bitcoin prices rose on Thursday, while Ethereum and Ripple also gained more than 1%. Reports that Fidelity Investment is hiring employees to create a new crypto exchange garnered some attention.
Bitcoin was trading at $7,711.2 by 1:10AM ET (05:10GMT) on the Bitfinex exchange, up 1.4% over the previous 24 hours.
Ethereum, the world’s second largest cryptocurrency by market cap, gained 1.6% at $611.12 on the Bitfinex exchange.
Ripple’s XRP token climbed 1.2% higher to $0.67752 on the Poloniex exchange.
Meanwhile, Litecoin added 1.0% to $122.12.
U.S.-based investment company Fidelity Investments has begun internal discussions on hiring for a new cryptocurrency exchange, reports on Thursday suggested. Citing an internal correspondence to the company’s employees, the reports said Fidelity is currently looking for a DevOps System Engineer to help create a new crypto exchange.
While Fidelity spokeswoman Jessica Macdonald would not confirm whether the hiring is intended for building a new crypto exchange, she said that the company is indeed hiring personnel for crypto, digital asset and blockchain projects.
“We see the future of financial services taking place on open and permissionless ledgers, with technologies like digital assets, currencies and blockchains, and we are very actively exploring what this may mean for Fidelity,” Macdonald said. “We are hiring to meet the demand for this exploration, but we have nothing to announce today.”
Elsewhere, Japan’s Financial Services Agency (FSA) has rejected the application of a cryptocurrency exchange to operate in the country for the first time.
The FSA rejected the application from the Yokohama-based FSHO virtual currency exchange, according to reports on Thursday.