Crypto Prices And News: Bitcoin And Ethereum Continue Sliding Ahead Of The Fed Rate Hike
The prices of cryptocurrencies partially recovered from yesterday’s severe losses by the afternoon, but Tuesday morning they fell once more. Over the past week,?Bitcoin?and?Ethereum?have decreased by about 15% and 21%, respectively. With the market in a correction and a Federal Reserve interest rate hike anticipated for Wednesday, cryptocurrency prices could drop even further. Here are today’s cryptocurrency news stories, excluding the prices.
To encourage institutional adoption of digital assets, Nasdaq is launching a new business. For financial institutions, the new Nasdaq Digital Assets company will offer custody solutions, liquidity, and execution services. Nasdaq also intends to cover the area with its anti-financial crime technology capabilities. Adena Friedman, CEO of Nasdaq, stated that “the technology that supports the digital asset ecosystem has the potential to transform markets over the long term.”
Our goal will be to offer institutional-grade solutions that increase liquidity, integrity, and transparency to support the evolution to take advantage of this opportunity.
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