Technical Analysis of BTC|USD for September 21, 2022 Crypto Industry News: The second largest stock exchange in the world focuses on development in the digital asset sector. All this in the hope of taking advantage of the growing interest in space on the institutional market. According to a Bloomberg report, Nasdaq Digital Assets will initially only launch custody services for Bitcoin and Ethereum. Gemini Ira Auerbach will lead the new arm of the company, and the department is expected to grow to 40 people by the end of 2022. Nasdaq has already applied to offer digital asset storage services with the New York Department of Financial Services. The document is currently pending approval. If NYDFS approves the application, Nasdaq will become a serious rival to companies like Coinbase and Anchorage Digital. It will also face competition from BNY Mellon and State Street. These two giants of the traditional financial world have also decided to enter the world of cryptocurrencies. The cryptocurrency industry had a difficult year 2021 - Bitcoin, Ethereum and most other major assets fell by more than 70% from last year''s highs.