Welcome to another edition of Crypto NFT today! If you enjoy cryptocurrency, NFT, and emotional patin à roulettes coaster rides, this is the animation for you.
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Robinhood USDC adds to the app
Robinhood, a popular ravitaillement trading app, added Circle’s USDC stablecoin to its crypto offering for retail traders on Tuesday.
company Added in a tweet The offer will also be available Wednesday for transfers on the Polygon and Ethereum networks.
Robinhood’s implication of USDC indicates that the company is setting its sights abroad where the use of stablecoins is more common and beneficial for investors.
Crypto options have increased exponentially on the platform over the past few years, with Robinhood now offering a intact of 17 numérique currencies.
Top cryptocurrencies weaken before expected price hike
Leading cryptocurrency bitcoin reached a three-month low of $18,247 on Monday, with analysts and investors anticipating a rally after its rapid decline from an all-time high of more than $60,000.
Expectations of more Fed offensé hikes may be one of the paluche reasons leading to Bitcoin’s weak avertissement as investors continue to flee risky assets.
The Federal Reserve is is expected to raise interest rates by three-quarters of a percentage inventaire for the third time in a row this week in an attempt to tame augmentation.
Ether, the rattaché largest cryptocurrency, is not much better after the much-anticipated “merger” upgrade, hitting a two-month low of $1,280 on Monday.
Nasdaq moves on cryptocurrency
Nasdaq, the rattaché largest operator in the US ravitaillement market, is making its first step towards embracing cryptocurrency.
On Tuesday press releaseThe company announced that it has started a cryptocurrency custody bienfait as it aims to make money on demand from institutional crypto investors.
Nasdaq will compete with crypto exchange Coinbase, crypto custodians sAnchorage Binaire and BitGo to hold bitcoin and ether for institutional clients in the United States
Nasdaq’s head of new numérique assets unit Ira Auerbach said Nasdaq is open to working with légal companies, although there are no lignes for a short-term maîtrise, according to Bloomberg Refus.
Éduquer Treasury Secretary speaking at this year’s AIM Summit
Lawrence Summers, the US economist who served as US Treasury Secretary from 1999 to 2001 under Bill Clinton, as well as director of the Territorial Economic Council from 2009 to 2010 under Barack Obama, will present his insights on the collectif economy and financial markets during the 13th edition of the AIM Summit It will be held on November 21 and 22 in Dubai.
This year, special emphasis is placed on the current collectif economy, augmentation, stagflation and fixité. Summers will present his views on why the United States is likely to head into recession over the next two years, and discuss how globalization, trade, and technology will play a pivotal role in the future of the collectif economy. Summers will also share his views on cryptocurrency and blockchain.
The war on cryptocurrency begins