Tuesday, October 24, 2023
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Bitcoin rallied to over $35,000 on Tuesday morning in Asia as excitement grew around the potential approval of spot bitcoin ETFs.
The world's largest cryptocurrency by market capitalization was trading at $34,883 at approximately 10:30 a.m. Hong Kong time today, marking a 14.8% increase over the past 24 hours, and reaching as high as $35,066, according to CoinGecko data. This represents the first time bitcoin has surpassed the $35,000 threshold since May 2022. This move added to bitcoin's weekly gain of 22.8%.
In today's news, we have IBTC as BlackRock's spot bitcoin ETF ticker, SEC dropping GBTC's ruling and Worldcoin shifting payment to orb operators from USDC to WLD tokens.
Read on! | |
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24h Hot Searches Worldwide 🔥 | | CoinGecko's 2023 Q3 Crypto Industry Report! | | Our comprehensive 2023 Q3 Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and reviewing how centralized exchanges (CEX) and decentralized exchanges (DEX) have performed. | | | From USDC To WLD
The Worldcoin Foundation has announced that it will shift its payment method for orb operators, who scan individuals into the Worldcoin network, from USDC stablecoins to WLD tokens.
This transition is expected to be finalized by the following month.
CoinDesk | | IBTC Is The Name
The eagerly anticipated spot bitcoin ETF from BlackRock, known as the iShares Bitcoin Trust, has been listed by the Depository Trust and Clearing Corporation (DTCC). The DTCC is known for providing post-trade clearance, settlement, custody, and information services.
Although it is still awaiting approval from the Securities and Exchange Commission, along with several other proposed spot bitcoin funds, the DTCC has assigned the BlackRock fund a ticker symbol of IBTC.
Decrypt | | Grayscale Victory Made Final
The D.C. Circuit Court of Appeals has ended the dispute between the U.S. Securities and Exchange Commission (SEC) and Grayscale by issuing a final ruling.
This ruling essentially directs the SEC to abandon its rejection of Grayscale's application for a spot bitcoin ETF. The SEC decided not to appeal this ruling, making the recent court action a procedural formality.
The Block | | Today's Top 10 Trending Pools | |
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