18 prosecutors ask Biden to help free Binance executive arrested in Nigeria

They claim Gambaryan was illegally detained by the Nigerian government. They consider applying diplomatic pressure, which would increase his chances of being released. A bipartisan group of 18 US state attorneys general called on the Biden Administration to designate Binance executive Tigran Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Accountability Act. … Read more

SEC authorizes NYSE to trade bitcoin ETF options

Options trading on Grayscale, Bitwise, Fidelity and ARK ETFs was authorized. Almost a month ago, the SEC approved BlackRock ETF options trading. On the afternoon of this Friday, October 18, the United States Securities and Exchange Commission (SEC) issued two memoranda authorizing the New York Stock Exchange (NYSE) and the Chicago Options Exchange (Cboe) to … Read more

$2 billion into ETFs boosted bitcoin this week

Finally, the “uptober” effect, long awaited by investors, began to be seen. Overall, there are optimistic expectations for cryptocurrencies between now and the end of the year. Demand for bitcoin (BTC) exchange-traded funds (ETFs) in the United States has skyrocketed this week, putting upward pressure on the price of the currency. 1.86 billion dollars (USD) … Read more

FBI arrested hacker who announced fake bitcoin ETF launch

He is accused of conspiring to commit aggravated identity theft and access device fraud. That day, bitcoin skyrocketed and rose $1,000, but then corrected and lost $2,000. The FBI today announced the arrest of Eric Council Jr., 25, in Athens, Alabama, for his alleged role in hacking the U.S. Securities and Exchange Commission (SEC) account … Read more

Bitcoin will reach USD 70,000 this month, according to expectations at Polymarket

According to the majority of bets on the Polymarket platform, bitcoin (BTC) will reach higher prices in the remainder of October. In an open call on the platform about what price bitcoin will reach in October, 62% of the money is bet on the $70,000 (USD). The value invested in this projection is almost USD … Read more

Bitcoin ETFs have already accumulated $20 billion since their launch

Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, accumulating $20 billion since their launch. According to the SosoValue datathe total accumulated net inflow is $20.19 billion as of the close of October 16. This is a milestone achieved in less than a year since the launch of these products, which was in January. The … Read more

We are “bullish” with bitcoin and cryptocurrencies by 2025

JP Morgan, the largest bank in the United States, has a positive outlook for the cryptocurrency market in 2025. According to a report titled “Alternative Investments Outlook and Strategy”, led by managing director Nikolaos Panigirtzoglou, the bank highlights several incentives that fuel its optimism. In the document, JP Morgan analysts identify “several factors fueling its … Read more

They present the first application to launch a Litecoin ETF

It is the second presentation that Canary Group has made in less than a week. Litecoin (LTC) rose 11% upon hearing the news and is trading at $71.7. Canary Capital Group, an investment firm with just over a month of launch, filed a filing with the United States SEC on Tuesday, October 15, to issue … Read more

A danger lurks in the BRICS de-dollarization plan

In a new turn of events, India, a member of the BRICS bloc, announced that it will not abandon the US dollar, expressing its disagreement with the de-dollarization agenda that has enveloped the global financial landscape in recent months. According to the most recent statements from India’s foreign minister, Subrahmanyam Jaishankar, the country is not … Read more

the new US president won’t change Bitcoin being a global reality

Fink rules out that the expansion of the use of bitcoin has to do with regulatory issues. In the businessman’s opinion, “we will see an expansion of the digital asset market.” Larry Fink, CEO of BlackRock, the largest asset management company in the world, recently assured that the expansion of bitcoin (BTC) will not depend … Read more