Cryptocurrencies keep pushing boundaries, and each headline is a testament to the industry’s growth. Let us bring you up to speed with the most significant stories from the past week. Next week also promises to be full of events that may affect the overall market picture.
Review of the past week:
| January 16, 2024 | Solana Mobile to Sell Second Crypto Smartphone. The successor to Saga will have new hardware and a cheaper price point. Read more |
| January 17, 2024 |
Bitcoin ETFs top 3X daily volume of all 500 ETFs launched in 2023 combined. |
| January 18, 2024 | SEC delays decision on Fidelity’s proposed spot Ethereum ETF to March. The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein. Read more |
| January 18, 2024 | Tether now owns $2.8 billion worth of bitcoin after recent $380 million buy. Tether recently acquired an additional 8,888 bitcoins, increasing its total holdings to about 66,465 BTC. Read more |
| January 19, 2024 | SEC opens comment period on proposal that would allow options trading on BlackRock’s spot bitcoin ETFThe SEC opened a comment period on a proposal from Nasdaq to allow for options trading on BlackRock’s spot bitcoin ETF. Read more |
What’s coming up for us this week:
| January 25, 2024 | U.S. Gross Domestic Product (GDP). Gross Domestic Product (GDP) will be published on January 25, 2024, at 01:30 P.M. UTC. Read more |
As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.
Best regards,
FYBIT team
