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