Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC website
Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC websiteBitcoin's days-long run-up in anticipation of an SEC decision—as well as each sudden contraction—indicates a market on edge.
Happy Wednesday!The global crypto market cap is $1.28 trillion, with a 24-hour volume of $54.24 billion. The price of Bitcoin is $34,950.51, and BTC market dominance is 53.4%. The price of Ethereum is $1,808.58, and ETH market dominance is 17.0%. The best-performing sector is Advertising, which gained 44%. The Crypto Fear & Greed Index is currently Greed (72). Top News
Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC websiteBitcoin's days-long run-up in anticipation of an SEC decision—as well as each sudden contraction—indicates a market on edge. Join us at Newconomics 2023, Nov. 14-15, in Lisbon
Ad: A new event is launching on the fringe of the Web Summit in Lisbon this year, highlighting the future of work on the blockchain. HUMAN Protocol, the decentralized, automated solution to work, is hosting Newconomics so that technologists, business people, and the curious can learn how the blockchain can work in a host of new applications. Amid Bitcoin ETF rumors, BlackRock stumbles paying $2.5M in SEC charges for investment misreporting other fundThe global asset manager BlackRock accused by SEC of inaccurately reporting substantial investments. Grayscale ETF ruling comes into effect; Bitcoin experiences 7.6% daily gainsGBTC, the subject of the ruling, gained nearly 6% over 24 hours. Latest Insights
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Ad: 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. More NewsCardano’s Input Output taps Algorand ex-CEO for ambitious stablecoin ventureCardano-based stablecoins have struggled for market share despite the popularity of these assets. BlockFi emerges from bankruptcy; will pay loan and interest users in early 2024BlockFi initially halted withdrawals and filed for bankruptcy in November 2022. Ledger launches controversial Recover serviceThe feature is optional, but it has still been a point of contention for users concerned about potential government access. Bankrupt FTX shifts $10M in assets to Coinbase and BinanceThe bankrupt exchange is reportedly eyeing a relaunch of its trading operations. Genesis bankruptcy plan revised for orderly wind down and asset liquidationThe amended plan categorizes creditor claims against Genesis Global Holdco into 10 classes, with 4 classes of crypto-denominated unsecured claims divided by currency.
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BlackRock could ‘seed’ spot Bitcoin ETF by the end of October, filing suggests
Tuesday, October 24, 2023
The asset manager is expected to contribute an unknown amount of funding to the ETF.
Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit
Monday, October 23, 2023
Michael Saylor's data shows that BTC has outperformed traditional assets like gold, Nasdaq, Silver, and bonds since MicroStrategy adopted the Bitcoin strategy in 2020.
Bitcoin data shows a growing trend of dormancy as hodlers remain strong
Sunday, October 22, 2023
Bitcoin liquidity crisis looms as hodlers sit tight on historic high supply.
Third week of SBF trial details lavish spending of customer funds on real estate, endorsements, and more
Saturday, October 21, 2023
Former head of engineering at FTX Nishad Singh admitted to knowingly spending customer deposits at Bankman-Fried's direction during a week of explosive testimony.
Bitcoin nears $30,000 as ETF approval anticipation stirs market
Friday, October 20, 2023
BTC's positive momentum has also catalyzed significant price surges for altcoins like Ethereum, Solana, and XRP.
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