Bitcoin nears $30,000 as ETF approval anticipation stirs market
Bitcoin nears $30,000 as ETF approval anticipation stirs marketBTC's positive momentum has also catalyzed significant price surges for altcoins like Ethereum, Solana, and XRP.Happy Friday!The global crypto market cap is $1.12 trillion, with a 24-hour volume of $51.83 billion. The price of Bitcoin is $29,558.75, and BTC market dominance is 51.5%. The price of Ethereum is $1,609.18, and ETH market dominance is 17.3%. The best-performing sector is eCommerce, which gained 10%. The Crypto Fear & Greed Index is currently Neutral (53). Top NewsBitcoin nears $30,000 as ETF approval anticipation stirs marketBTC's positive momentum has also catalyzed significant price surges for altcoins like Ethereum, Solana, and XRP. Checkin.com: Innovating fast and secure KYC for Crypto & Web3Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive. Their platform merges IDV, document scanning, anti-fraud measures, and data collection, catering to 165+ markets. The results? High conversions and an easy user experience across devices without compromising on security. What sets Checkin.com apart is its hands-on approach. Right now, crypto and web3 products can submit their current site for analysis and receive an interactive demo of a tailored KYC process in their own branding and requirements. The insights used to remodel this experience are derived from a large collection of data points, ensuring each adaptation is precise. SEC drops charges against Ripple executivesRipple's Brad Garlinghouse and Chris Larsen no longer face charges. However, Ripple and the SEC must settle on remedies for institutional XRP sale violations. Coinbase Chief Legal Officer predicts imminent approval of U.S. Bitcoin ETFU.S. spot Bitcoin ETF's green signal anticipated in wake of SEC's Grayscale mishap. Latest InsightsThe #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for NewcomersAd: Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation. Deposit $100 with a 0% fee and receive a $100 bonus for newcomers! More NewsSBF Trial – FTX general counsel had ‘no idea’ that SBF was misusing customer fundsFTX General Counsel Can Sun began his testimony by stating that he "didn't do anything wrong" and had "no idea" that the exchange and Alameda were misusing customer funds. Canadian asset manager 3iQ will begin staking the ETH in its Ethereum ETFs3iQ will use Coinbase Custody's institutional staking infrastructure to stake part of the Ethereum held for its funds for rewards. U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’The Treasury's Financial Crimes Enforcement Network (FinCEN) announced the proposed change on Oct. 19, citing actors such as Hamas, ISIS, and the DPRK as frequent abusers of coin mixers. MultiversX partners with Google Cloud to boost AI and big data in Web3MultiversX's strategic alignment with Google Cloud could set a new pace for AI and big data in Web3. Upland secures $7M funding aiming at AI metaverse expansion and Spark token exchange listingEOS Network Ventures backs Upland's Series A funding, fueling metaverse growth and external Spark tradeability |
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SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
Thursday, October 19, 2023
The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert from the University of Notre Dame, FBI accountant Paige Owens, and a former FTX employee, Eliora Katz.
SEC will not appeal Grayscale decision, bringing spot Bitcoin ETFs closer to reality
Thursday, October 19, 2023
The SEC's decision not to challenge an August ruling means that it will be required to revisit Grayscale's application.
What are ETFs and why do they matter?
Thursday, October 19, 2023
CryptoSlate's latest market report dives deep into the concept of ETFs to show why they're so important for the crypto market.
Contradictory news of potential greenlit BlackRock Bitcoin ETF shoots BTC to $30k and back
Thursday, October 19, 2023
Unverified rumors of BlackRock's Bitcoin ETF approval generate market volatility while SEC postpones final verdict.
Cathie Wood says ‘hopes are rising’ for spot Bitcoin ETF; Larry Fink addresses role of crypto in restless markets
Thursday, October 19, 2023
The CEOs of ARK Invest and BlackRock shared their insights on the current state of Bitcoin ETF applications and current market dynamics.
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