News: The crypto market is experiencing significant volatility today, primarily driven by the de-pegging of Tether (USDT), which has fallen to an 18-month low. This event is causing market-wide uncertainty and has led to a premium on Bitcoin prices on some exchanges. On a more positive note, Fidelity announced the launch of Fidelity Digital Assets, a new business offering custody and trading services for cryptocurrencies to institutional investors, a move that signals strong institutional demand and potential for increased adoption. Coinbase also announced the opening of a Dublin office, a strategic move for EU expansion post-Brexit.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
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