Citadel, Fidelity and Charles Schwab Start Crypto Exchange

Hey – it’s Big Joe Crypto… your go-to crypto guru.

I'm back, and ready to deliver the spiciest crypto developments to help you make smart moves and stack your crypto higher than a skyscraper!

Here's what's happening today:

• 💸 Citadel, Fidelity and Charles Schwab launch crypto exchange

• 🤖 Elon Musk suspends "Explain This Bob" AI bot – alleging it's a crypto fraud

• 🇩🇪 German financial powerhouse, Deutsche Bank, applies for a crypto license

Got any big questions for me?

BIG MOVERS: THE CHARTS

TODAY’S BIG STORY

Traditional Financial Giants Step Into Crypto

Citadel, Fidelity and Charles Schwab, three financial titans, have officially thrown their hats into the crypto ring along with other Wall Street firms! They've just announced their new crypto exchange, which means a whole lot more people are about to get access to crypto.

This isn't just a step - it's a leap! A leap that’s sure to reshape crypto as we know it. The announcement follows the recent news of the world’s biggest asset manager, BlackRock, entering the crypto ring too!

Why you should care:

This move is another massive vote of confidence in the future of crypto. I explain all the time that the worlds biggest companies will come into crypto sooner or later. If you invest before them, you stand to make more gains. Go here for info on why this works in your favour.

With these major players entering the field, we’re likely going to see a huge influx of institutional investors and possibly even more regulatory clarity. So buckle up, because this ride is just getting started!

More News…

Elon Musk Suspends Twitter AI Bot – Alleges Crypto Fraud

Elon Musk – aka, the “DOGE Father” – aka, the man who can move crypto markets with a single tweet, has pulled the plug on the "Explain This Bob" AI bot, claiming that it's a crypto fraud.

The bot, which was designed to explain complex topics in simple language on Twitter, has allegedly been using its AI powers for nefarious purposes.

Why you should care:

While it's always entertaining to see what Musk is up to, this incident serves as a reminder that in the crypto world, not everything that glitters is gold.

It's important to do your own research and not rely solely on AI bots or other sources. Always stay vigilant!

TODAY'S BIG CRYPTO TIP

Don't Believe Everything You See

The "Explain This Bob" debacle underscores the importance of always questioning the information you receive. In the fast-paced world of crypto, misinformation can spread quickly, and it can cost you big time.

If it sounds good to be true, it probably is – and this is especially important in the world of crypto!

MORE BIG HEADLINES

• Deutsche Bank, the German banking giant, is taking the crypto plunge! They just applied for a cryptocurrency license, signalling their intention to dive head-first into the crypto pool.

• The crypto markets are up on the news of big institutions getting into crypto

• Ethscriptions stirs up a wave of innovation on Ethereum, enabling users to craft unique NFTs and digital assets

• Decades-old legal doctrine may halt SEC's crypto crackdown, says former advisor.

• Failed exchange, FTX, shells out over $120 Million in advisory fees amidst ongoing bankruptcy proceedings.

BIG LAUGHS! MEMES OF THE DAY 😂 🤣

I will never, EVER, miss another buying opportunity again!! lol 😅 

What a difference one year makes huh?

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