Nasdaq files for 23-hour extended trading to meet crypto-era demands

Nasdaq is looking to enable nearly round-the-clock trading, aiming to match the increasingly global nature of financial markets and investor behavior, according to a filing with the U.S. Securities and Exchange Commission (SEC) Under the proposal, Nasdaq would expand trading hours for stocks and exchange-traded products (ETPs) from 16 hours to 23 hours per day,…

Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins

Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…

Trade Unions Increasingly at Odds with Crypto in Retirement Accounts

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts. The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to…

Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins

Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…

SEC Grants Approval For DTCC to Tokenize Traditional Assets

The US Securities and Exchange Commission has given a subsidiary of the Depository Trust and Clearing Corporation (DTCC) a highly coveted “no-action” letter, allowing it to offer a new securities market tokenization service. The DTCC said on Thursday that its subsidiary, the Depository Trust Company, was given the go-ahead to launch “a new service to…

Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins

Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…

BTC Parabola Break Revives 80% Drawdown Risk: Peter Brandt

Bitcoin (BTC) price is under scrutiny again as veteran trader Peter Brandt is cautioning that BTC has violated its parabolic trendline, a technical feature that preceded deep drawdowns in previous bull markets. While the signal is bearish, the current market structure reflects a key difference from previous market cycles.  Key takeaways: Peter Brandt said that…

Trade Unions Increasingly at Odds with Crypto in Retirement Accounts

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts. The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to…

Standard Chartered, Coinbase Expand Institutional Crypto Deal

Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British multinational bank announced on Friday. “We aim to explore how the two organisations can support secure, transparent and interoperable solutions…

Standard Chartered, Air Asia Parent Explore Malaysian Ringgit Stablecoin

Standard Chartered Bank Malaysia and Capital A, the parent company of AirAsia, plan to jointly explore a stablecoin pegged to Malaysia’s local currency, the ringgit. In a statement Friday, the bank’s Malaysian arm and Capital A said they signed a letter of intent to explore a ringgit-pegged stablecoin under the country’s Digital Asset Innovation Hub,…