Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%.
BlackRock fined $2.5M by SEC for incorrect investment disclosure
The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August.
BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst
Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval.
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions.
EU data protection regulators urge anonymity for smaller transactions in digital euro
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on regulating a digital euro.
Central Bank of Argentina to introduce ‘digital peso’ bill ‘as soon as possible’
The BCRA has accelerated its work on legislation to implement the CBDC workflow in the country.
Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
Tesla held onto its sizeable Bitcoin holdings in the third quarter and upped its spending on artificial intelligence and research and development.
Indonesia to conduct blockchain trials for public services
Tuhu Nugraha, who works with the Indonesian government, said the country will soon conduct trials on applying blockchain technology in public service use cases.
Crypto investment products see largest inflows since July: CoinShares
Cryptocurrency investment products saw inflows for the second consecutive week, totalling $78 million, according to CoinShares.
Will Bitcoin ‘Uptober’ bring gains for MKR, AAVE, RUNE and INJ?
After rising about 80% in the first two quarters of 2023, Bitcoin $27,975 fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016.