Crypto weekly: Twitter Acquires License to Add Crypto Payments; SEC Must Review Grayscale’s Bitcoin ETF.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. In the coming week, however, no significant news is expected.

Review of the past week:

August 28, 2023

Binance to ‘Gradually’ End Support for BUSD Products.
Cryptocurrency exchange Binance said it will “gradually” end support for its BUSD stablecoin, removing it from spot and margin trading pairs. Read more

August 28, 2023

Western Union Embraces Ripple Blockchain And XRP Token For Enhanced Money Transactions.
Global money transfer powerhouse Western Union is boldly venturing into the dynamic and rapidly evolving realm of cryptocurrencies, marking a significant and strategic move in its financial landscape. Read more

August 29, 2023

Iris Energy Purchases NVIDIA H100 GPUs to Target Generative AI.
Iris Energy Limited a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, announced the purchase of NVIDIA’s latest-generation artificial intelligence (“AI”) H100 GPUs. Read more

August 29, 2023

SEC Must Review Grayscale’s Bitcoin ETF Bid After Previous Rejection, Appeals Court Rules.
A federal appeals court ordered the SEC to “vacate” its rejection of the trust issuer’s bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund. Read more

August 29, 2023

Twitter (X) Acquires Required License to Add Crypto Payments.
X may possibly introduce cryptocurrency sending and receiving feature to its millions of users worldwide. Read more

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With each new week, the cryptocurrency market offers new opportunities. With our updates, you get even more advantages for successful trading. The key to success is to start right now.

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FYBIT team

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