Buy Crypto
Markets
Contract
Spot
Earn
Web3 new
Learn
Blogs > Crypto in a Minute > Nasdaq To Offer Institutional Crypto Services >

Nasdaq To Offer Institutional Crypto Services

Author: Jeffrey Craig Date: 2022-09-21 07:56:48

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)

september-21-daily-update

Main Takeaway: Markets Down Ahead Of Fed Rate Hikes

Cryptos and stocks slumped yesterday in anticipation of another hawkish rate hike by the US Fed. On Wednesday morning ET, the Fed is predicted to announce a 75 bps rate hike to continue their efforts to curb inflation. Because this month’s inflation numbers were higher than expected, the Fed will remain hawkish, but also cautious in keeping the economy from unexpected shocks. Cryptos will stay volatile throughout the day until the announcement is made.

Key Stories: Wintermute Hacked & Nasdaq Gets Into Crypto

Wintermute, a major market maker in the crypto space, was hacked for $160 million. This is now the 7th largest DeFi hack in history and adds to another unfortunate circumstance to plague the safety and security of various DeFi platforms.

On the bullish side, Nasdaq just announced that it will be opening institutional Bitcoin and cryptocurrency custody services to its clients. This is a huge move that will only further increase institutional adoption along with Fidelity and Blackrock.

Today’s Top Gainers

The top five performing cryptos on Phemex d-o-d are Ellipsis Finance (EPX/USDT), RankerDAO (RANKER/USDT), Gods Unchained (GODS/USDT), Voyager (VGX/USDT), and Ripple (XRP/USDT).


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!