Citigroup Launches Crypto Trading and Custody Services

Citigroup, a banking giant, is launching a crypto trading and custody service. The new service aims to meet the growing demand for crypto assets.

Itay Tuchman, the global head of forex for Citigroup, has confirmed that the bank had witnessed a rapid accumulation in Bitcoin (BTC) interest from institutional clients. Tuchman announced the move in a report published in Financial Times.

According to Tuchman, banks could venture into crypto through proprietary trading, where they use their resources to make profits. “There are different options from our perspective, and we are considering where we can to best service clients. This is not going to be a prop-trading effort,” said Tuchman.

Not happening any time soon

However, Citigroup has confirmed that it is taking its time to launch crypto services. Tuchman stated that the bank would only jump into the crypto space when it was sure that its clients could benefit. It … Read more

4 Safety Issues Construction Workers Need to Be Aware of on the Job

As one of the most hazardous occupations in the nation, construction work can involve many different types of dangerous situations for workers on a daily basis. Though most employers make safety a top priority for their workers, that is not always the case. Because of this, workers need to be very proactive in making sure they stay safe while performing their jobs each day. If you work in construction, here are four of the top safety concerns of which you should be aware while on the job.

Slipping and Tripping

If you perform much of your work on scaffolding or high above the ground, always be aware of not slipping and tripping while walking around. From hand tools that may have been left laying around to water or other substances being spilled and not cleaned up, one wrong move could have you severely injured very quickly.

Asbestos Fibers

If you Read more

Bitcoin (BTC) Price Prediction: BTC/USD Is Stuck between $53,000 and $58,000 as Bears and Bulls Continue Unending Price Tussles

Bitcoin (BTC) Price Prediction – May 7, 2021
Since May 1, BTC/USD upward moves have been restricted below $58,000 high. Bitcoin now fluctuates between $53,000 and $58,000 price levels. Bitcoin bulls have retested the $58,000 resistance level on four occasions but unable to break it. BTC price is now falling after the last rejection.

Resistance Levels: $65,000, $70,000, $75,000
Support Levels: $50,000, $45,000, $40,000

BTC/USD – Daily Chart

BTC price is falling on the downside after rejection from the $58,000 resistance zone. Yesterday, the king coin dropped to $55,500 support and pulled back to retest the $57,000 high before resuming the downward move. Selling pressure will persist if price breaks below the moving averages. The market will fall and revisit the previous low at $53,000. On the other hand, if price falls and finds support above the moving averages, the uptrend will resume. The downtrend becomes necessary because buyers … Read more

Remote Working: 5 Pieces Of Advice For Recruiters To Push Through The Day

We’ve all been there – pushing through the painful late afternoon stretch at work. How do you stay productive as a recruiter with so many distractions at home? From life admin to snacking and napping or even the amazon delivery you placed yesterday; it’s not easy to maintain constant focus at home. That’s why we’ve come up with some pretty awesome tips to manage your well-being and productivity at home- weather your a start-up, SME’s or large corporation these are tips from our champion team at Picked; a fully remote tech start-up, which has embraced working from home since their inception in 2017. It’s safe to say, we’re experts at surviving the afternoon slump.

Here’s our top 5 pieces of advice that are helping remote teams push through:

1. Change your environment twice a day 

Changing your environment often helps you refocus. Try to have a morning workspace and an Read more

Bitcoin Price Prediction: BTC/USD Stays Above the Moving Averages; Recovery May be Limited by $55,000 Level

Bitcoin (BTC) Price Prediction – March 5

BTC/USD is up by more than 6.94% as the price struck a sudden and bullish price spike.

BTC/USD Long-term Trend: Ranging (Daily Chart)

Key levels:

Resistance Levels: $62,000, $64,000, $66,000

Support Levels: $48,000, $46,000, $44,000

BTCUSD – Daily Chart

The daily chart reveals that BTC/USD is pushing the price above the crucial resistance level of $56,500. The coin is moving towards $57,000 to trade at $56,914 at the time of writing. However, the number-one crypto is moving with strong bullish momentum after a sustainable break above an important technical level. Meanwhile, BTC/USD has gained over 6% since the beginning of the day as it is currently using $53,000 support as a jumping-off ground to develop the upside momentum, which is now gaining traction.

What to Expect from Bitcoin (BTC)

As the king coin stays above the moving averages, the return below $57,000 could … Read more