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Nasdaq to provide crypto custody for institutional investors
Nasdaq Inc. is looking to provide crypto custody service to institutional investors. The move is in line with several Wall Street giants' recent push into crypto. Earlier this month, a consortium including Charles Schwab, Citadel Securities, Fidelity Digital Assets, announced the launch of crypto exchange EDX Markets.See the Story
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Crypto Strategist Predicts Big Bounce For Bitcoin And Rival Ethereum – Here Are His Goals › Geeky News
Popular crypto strategist Pentoshi tells his 612,000 Twitter followers that after almost a year, he is no longer bearish on bitcoin. Bitcoin's diagonal resistance, which has kept BTC in a downtrend since last November, is coming to an end, Pentoshi said. He now expects a breakout of the rally to $26,721.See the Story
XRP Outperforms Bitcoin With Massive Whale Accumulation – Santiment
XRP is outperforming Bitcoin as the upward trajectory of the sixth-largest crypto asset continues, according to crypto analytics firm Santiment. Santiment says that the surge in the price of XRP is driven by hopes of a potential settlement in the lawsuit the U.S. Securities and Exchange Commission (SEC) lodged against Ripple in December 2020.See the Story
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Trader Calls One Ethereum-Based Crypto Asset the ‘Opportunity of a Lifetime,’ Says Altcoins May Erupt if Bitcoin Consolidates
Popular crypto analyst Michaël van de Poppe thinks one overlooked digital asset is the “opportunity of a lifetime.”\nVan de Poppe tells his 627,800 Twitter followers that the decentralized oracle network Chainlink (LINK) is a huge opportunitySee the Story
XRP Whales Move Massive Batches of Crypto, Sending $130,650,000 in Flurry of Transactions
XRP whales have been spotted moving huge bags of crypto as Ripple's lawsuit with the U.S. Securities and Exchange Commission (SEC) takes a new turn. In less than 48 hours, six transactions totalling 263 million XRP worth about $130.65 million were reported.See the Story
Analyst Who Nailed End of Crypto Bull Market Abruptly Changes Stance on Bitcoin, Says New BTC Trend Incoming - The Daily Hodl
Pentoshi predicts a shift in trend for Bitcoin (BTC) after nearly a year of bearish price action. Pentoshi says that the Federal Reserve's terminal rate, or the expected end point for interest rate hikes, has wildly swung over the last the year. The crypto analyst predicts a final capitulation phase that would set the stage for Bitcoin to transition to a sideways trend.See the Story
FTX.US President Brett Harrison Says Two Things Will Make Crypto Trading Volume Explode: Report - The Daily Hodl
FTX US president Brett Harrison says there are two catalysts that could awaken crypto trading volume from its slumber. Harrison says that a rally in the digital asset markets as well as regulatory clarity from authorities could bring crypto trading back to life. Harrison also says that clarity in the US could snowball elsewhere around the globe.See the Story
New Kraken CEO Says Crypto Exchange Won’t Be Registering With the SEC: Report
Dave Ripley, who will take the place of current CEO Jesse Powell, says that Kraken won't register with the SEC as a market intermediary. In July, the SEC reportedly opened an investigation into leading US crypto exchange Coinbase for allegedly offering unregistered securities. Ripley does not rule out that Kraken may one day list crypto assets that are securities.See the Story
New England Patriots
Web3 Altcoin Inks Deal With New England Patriots and Jumps by 25% This Week, Thwarting Crypto Market Woes – The Daily Hodl
XCN, Chain's native governance and utility asset, jumped from trading around $0.067 before the announcement. XCN is up over 4% in the past 24 hours and more than 25% from its weekly low. Despite the price increase this week, XCN remains more than 57% down from its all-time high.See the Story
Hedge Fund Veteran Mark Yusko Predicts ‘Face-Melter’ Crypto Rally, Says Bitcoin Has Bottomed Out - The Daily Hodl
Mark Yusko, founder and CEO of Morgan Creek Capital Management, says crypto markets have bottomed out. Yusko says that even if the Federal Reserve decides to keep increasing interest rates, it will have a limited impact on global prices. The hedge fund veteran says that should the Fed pivot from its current stance, the move could be bullish for crypto.See the Story
JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report – The Daily Hodl
JPMorgan analyst Kenneth Worthington has a neutral rating on COIN but has cut his price target by 23% to from $78 to $60, which is only slightly below its current price of $61.88. Moody's has reaffirmedCoinbase's Ba3 grade, placing COIN in junk territory.See the Story