š Crypto Market Overview - Nov 19, 2023:
ā¢ Bitcoinās Slight Retreat: Bitcoin (BTC) trades at $36,410, a 0.25% decrease .
ā¢ Market Growth: Last week saw an 8.55% rise in crypto prices, with increased volume and volatility .
ā¢ ETH & BTC New Highs: Ethereum (ETH) and Bitcoin (BTC) prices hit new yearly highs, boosting investor sentiment .
š¦ Institutional Moves:
ā¢ SEC Delays ETF Decisions: The US SEC postponed decisions on Bitcoin ETF applications by Global X and Franklin Templeton.
ā¢ BlackRockās Ethereum ETF: BlackRock filed for a spot Ethereum ETF, expanding its crypto involvement .
ā¢ HSBCās Digital Custody: HSBC to launch digital asset custody services for blockchain-based securities by 2024 .
ā¢ UBS ETF Trading in Hong Kong: UBS now allows clients to trade in three crypto ETFs .
š» Tech and Innovation:
ā¢ Strikeās Global Expansion: Bitcoin Strike partners with Checkout.com for debit card Bitcoin purchases in 65+ countries .
ā¢ JPMorganās Programmable Payments: JPMorgan introduces a programmable payment feature for its blockchain platform .
ā¢ Deutsche Bƶrseās Digital Platform: Frankfurt Stock Exchange owner to develop a blockchain-backed trading platform for digital assets .
š Corporate Developments:
ā¢ Sam Altmanās Exit Affects Worldcoin: Sam Altmanās departure from OpenAI leads to a decline in Worldcoinās value .
ā¢ Republicās Digital Asset on Avalanche: Investment firm Republic to issue its digital asset on the Avalanche network .
ā¢ Circleās IPO Plans: USDC stablecoin issuer Circle considers a 2024 IPO .
šØ Security Incidents:
ā¢ Poloniex Exchange Hack: Hackers drain Poloniexās hot wallets, causing an estimated $114 million loss .
š§ Trading Tools and Platforms:
ā¢ Bitgetās Position Grids: Bitget introduces a new trading tool to leverage market fluctuations .