š°š°š„š„latest #CryptoNews and updates as of today, November 15, 2023:š„š„š°š°
Market Update
- Bitcoin is currently trading at around $35,000, down 4% from yesterday.
- Ethereum is currently trading at around $1,960, down 4% from yesterday.
Overall, the crypto market is down slightly today.
Top Stories
Bitcoin and Ethereum see gains after BlackRock files for Ethereum-based ETF. BlackRock, the world's largest asset manager, has filed for an Ethereum-based ETF with the U.S. Securities and Exchange Commission (SEC). The filing is a sign of growing institutional interest in #cryptocurrencies.
Crypto VC Maven 11 targets $100 million for third fund. Maven 11, a venture capital firm focused on #BlockchainTechnology , is raising $100 million for its third fund. The fund will invest in early-stage blockchain startups.
Protocol Village: Visa-Backed Agrotoken, Stablecoin Backed by Commodities, to Launch on Polkadot. Protocol Village is a new decentralized finance (DeFi) platform that is launching an agrotoken and a stablecoin backed by commodities. The platform is designed to help farmers access financing and manage risk.
Other News
Crypto traders spoofed by bogus BlackRock XRP filing. A fake filing claiming that BlackRock had filed for an XRP ETF circulated online, causing the price of XRP to spike briefly. The filing was quickly identified as a hoax.
EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria. The European Central Bank's chief supervisor Andrea Enria said on Tuesday that a loophole in EU rules allows banks to circumvent some safeguards when dealing with cryptocurrencies. The loophole needs to be fixed urgently, Enria said.
Crypto fund inflows of $293M bring yearly total above $1B: CoinShares. Crypto fund inflows reached $293 million last week, bringing the total for the year to over $1 billion. This is a sign of growing investor interest in cryptocurrencies.