π SEC Approves Options For Spot Bitcoin ETFs
#SEC #Bitcoin #ETF #OptionsTrading #Fidelity #ARK #Invesco #Franklin #VanEck #WisdomTree #Grayscale #Bitwise #BlackRock #Valkyrie #Commodity #Regulation #BTC
According to Cointelegraph, on Oct. 18, the United States Securities and Exchange Commission (SEC) approved the New York Stock Exchangeβs application to list options for spot Bitcoin exchange-traded funds (ETFs). This approval allows options trading for 11 ETF providers, including Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, VanEck Bitcoin Trust, WisdomTreeβs Bitcoin Fund, Grayscaleβs Bitcoin Trust, Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, BlackRock's iShares Bitcoin Trust ETF, and Valkyrie Bitcoin Fund.
The Chicago Board Options Exchange had filed an application in August 2024 to list options for these spot Bitcoin ETF providers through a proposed rule change. This regulatory policy change will categorize Bitcoin ETF options similarly to other commodity-based ETFs that track the price of precious metals.#SEC #Bitcoin #ETF #OptionsTrading #Fidelity #ARK #Invesco #Franklin #VanEck #WisdomTree #Grayscale #Bitwise #BlackRock #Valkyrie #Commodity #Regulation #BTC
π BNB Surpasses 600 USDT with a 1.45% Increase in 24 Hours
#BNB #USDT #Cryptocurrency #Binance #MarketData #PriceIncrease
On Oct 18, 2024, 23:13 PM(UTC). According to Binance Market Data, BNB has crossed the 600 USDT benchmark and is now trading at 600 USDT, with a narrowed 1.45% increase in 24 hours.#BNB #USDT #Cryptocurrency #Binance #MarketData #PriceIncrease
π Gold Mining Stocks Surge 70% This Year, Analyst Says
#GoldMining #Stocks #Surge #Investment #MarketTrends #BullMarket #GoldPrices #GrowthPotential
According to Odaily, analyst Bob Loukas stated on the X platform that gold mining stocks have surged by 70% this year and have finally started to outperform the rise in gold prices, similar to the trend seen after a bull market confirmation. However, their prices remain below the highs of 2020. While gold's performance remains volatile, there is still significant room for growth.#GoldMining #Stocks #Surge #Investment #MarketTrends #BullMarket #GoldPrices #GrowthPotential
π Former Olympian Accused Of Leading Drug Trafficking Ring
#RyanJamesWedding #drugtrafficking #cocaine #cryptocurrency #FBI #murder #Olympian #Mexico #Colombia #Canada
According to PANews, former professional skier Ryan James Wedding and 15 others have been indicted by the U.S. Department of Justice (DOJ) for allegedly operating a drug trafficking organization that transported cocaine from Colombia through Mexico to the United States and Canada. The group is accused of committing multiple murders and using cryptocurrency to evade law enforcement.
The indictment states that defendant Bonilla used Tether cryptocurrency to pay Wedding and Clark for two kilograms of cocaine. They sent a QR code to the drug dealers to receive payment in USDT. During the investigation, authorities seized over $3.2 million worth of cryptocurrency, more than a ton of cocaine, three firearms, dozens of rounds of ammunition, and $255,400 in cash.
Authorities report that Wedding is currently on the run. The FBI is offering a $50,000 reward for information leading to his arrest and extradition. Wedding, 47, represented Canada in the 2002 Winter Olympics and has recently been residing in Mexico.#RyanJamesWedding #drugtrafficking #cocaine #cryptocurrency #FBI #murder #Olympian #Mexico #Colombia #Canada
π Bitcoin And Ethereum Prices Surge Overnight
#Bitcoin #Ethereum #Cryptocurrency #PriceSurge #PANews #BTC #ETH
According to PANews, Bitcoin experienced a significant rise overnight, reaching a peak of $69,000. As of now, it is trading at $68,401.6. Similarly, Ethereum saw an increase, with its highest value overnight hitting $2,675.99. Currently, Ethereum is priced at $2,639.36.#Bitcoin #Ethereum #Cryptocurrency #PriceSurge #PANews #BTC #ETH
π Euro Stablecoin EURC Supply Surpasses Ethereum Mainnet on Base Network
#EuroStablecoin #EURC #Ethereum #BaseNetwork #Circle #Blockchain #Cryptocurrency #ETH
According to Odaily, Circle's marketing personnel Peter Schroeder announced on the X platform that data from the Artemis platform indicates the Euro stablecoin EURC's issuance on the Base network has exceeded that on the Ethereum mainnet. This development positions the Base network as the leading ecosystem for EURC supply.#EuroStablecoin #EURC #Ethereum #BaseNetwork #Circle #Blockchain #Cryptocurrency #ETH
π US 2024 Fiscal Year Budget Deficit Reaches $1.83 Trillion, Third Highest in History
#USBudgetDeficit #FiscalYear2024 #NationalDebt #EconomicStability #FinancialPlanning #PolicyAdjustments #EconomicRecovery #FiscalChallenges #GovernmentSpending
According to Odaily, the United States has reported a budget deficit of $1.83 trillion for the fiscal year 2024. This figure marks the third highest deficit in the nation's history and the highest outside of the COVID-19 pandemic years.
The significant budget shortfall highlights ongoing fiscal challenges as the country navigates economic recovery and various financial obligations. The deficit underscores the need for strategic financial planning and policy adjustments to address the growing national debt and ensure long-term economic stability.
As the fiscal year progresses, policymakers and economists will closely monitor the implications of this substantial deficit on the broader economy. The focus will likely be on balancing necessary expenditures with sustainable fiscal practices to mitigate potential economic risks.#USBudgetDeficit #FiscalYear2024 #NationalDebt #EconomicStability #FinancialPlanning #PolicyAdjustments #EconomicRecovery #FiscalChallenges #GovernmentSpending
π Major US Stock Indices Continue Six-Week Winning Streak
#USStockIndices #SP500 #Nasdaq #DowJones #WinningStreak #MarketGains #FinancialNews
According to Odaily, the S&P 500, Nasdaq, and Dow Jones Industrial Average all experienced gains this week, marking their sixth consecutive week of increases, the longest streak since the end of 2023. The Dow Jones Industrial Average closed up 36.86 points, or 0.09%, at 43,275.91 on Friday, October 18. The S&P 500 rose by 23.20 points, or 0.40%, to close at 5,864.67. Meanwhile, the Nasdaq Composite Index increased by 115.94 points, or 0.63%, ending the day at 18,489.55.#USStockIndices #SP500 #Nasdaq #DowJones #WinningStreak #MarketGains #FinancialNews
π Inferno Drainer Transfers Stolen ETH Worth $7.5 Million
#InfernoDrainer #StolenETH #ETH #Cryptocurrency #CryptoScam #Blockchain #Odaily #ScamSniffer
According to Odaily, Scam Sniffer monitoring has reported that an hour ago, the Inferno Drainer wallet address transferred 2,845 ETH, valued at $7.5 million, to multiple new addresses.#InfernoDrainer #StolenETH #ETH #Cryptocurrency #CryptoScam #Blockchain #Odaily #ScamSniffer
π Scroll Chain DEX Ambient Frontend Faces Another Hacker Attack
#ScrollChain #DEX #Ambient #HackerAttack #BlockchainSecurity #CryptoSafety
According to BlockBeats, on October 19, community sources reported that the frontend of the decentralized exchange (DEX) Ambient on the Scroll chain has been subjected to another hacker attack. Users are advised to refrain from any interactions with the platform.#ScrollChain #DEX #Ambient #HackerAttack #BlockchainSecurity #CryptoSafety
π Biden-Harris Administration Launches $1.6 Billion Competition to Advance Semiconductor Packaging Technology
#BidenHarris #semiconductors #packagingtechnology #innovation #nationalsecurity #domesticsupplychain #electronics #automotive #defense #fundingcompetition
According to Odaily, the U.S. Department of Commerce has announced the initiation of a funding competition worth up to $1.6 billion. This initiative, led by the Biden-Harris administration, aims to accelerate the development of advanced semiconductor packaging technology in the United States.
The competition is part of a broader effort to enhance the country's semiconductor capabilities, which are crucial for various industries, including electronics, automotive, and defense. By investing in advanced packaging technologies, the administration seeks to strengthen the domestic semiconductor supply chain, reduce dependency on foreign sources, and bolster national security.
This funding initiative is expected to attract significant interest from companies and research institutions involved in semiconductor technology. The goal is to foster innovation and collaboration, ultimately leading to the development of cutting-edge packaging solutions that can support the next generation of semiconductor devices. The competition underscores the administration's commitment to maintaining the United States' leadership in technology and innovation.#BidenHarris #semiconductors #packagingtechnology #innovation #nationalsecurity #domesticsupplychain #electronics #automotive #defense #fundingcompetition
π Top Gainers And Losers In Cryptocurrency Market
#TopGainers #TopLosers #Cryptocurrency #MarketTrends #AXS #MANA #SAND #ENJ #DOGE #BSV #OM #STX #ETH #ZK
According to PANews, several cryptocurrencies have shown significant movements in the market today. Leading the gains are AXS, currently priced at $5.203 with an 11.60% increase; MANA at $0.336, up by 11.34%; SAND at $0.288, rising by 10.06%; ENJ at $0.157, with a 6.12% increase; and DOGE at $0.145, up by 5.72%.
On the other hand, the top decliners include BSV, now at $50.84, down by 1.93%; OM at $1.528, decreasing by 1.81%; STX at $1.898, falling by 0.65%; ETH at $2636.27, down by 0.65%; and ZK at $0.133, with a 0.60% decrease.#TopGainers #TopLosers #Cryptocurrency #MarketTrends #AXS #MANA #SAND #ENJ #DOGE #BSV #OM #STX #ETH #ZK
π AI Chatbot Truth Terminal Becomes Crypto Millionaire
#AI #Chatbot #TruthTerminal #Crypto #Millionaire #Cryptocurrency #Fartcoin #MemeCoins #Investments #Blockchain
According to Odaily, the AI chatbot Truth Terminal has reportedly become a cryptocurrency millionaire. This development follows a significant increase in the value of its holdings of 20 million Meme coins known as Fartcoin. The value of these coins surged from $40,000 to over $127,000, pushing the total value of Truth Terminal's cryptocurrency portfolio past the $1 million mark. This makes Truth Terminal potentially the first autonomous AI to achieve millionaire status through cryptocurrency investments. The wallet address associated with Truth Terminal is rgPyefcNqJCsJj1wrWhdQqHVphVWFXLqU5wtiFStBEN. However, the current value of its wallet assets has slightly decreased to approximately $989,000.
Previously, a user on the X platform, @himgajria, posted about this milestone, stating, 'Truth Terminal has just become the first-ever millionaire robot, thanks to a whale sending it 20 million FART tokens, now worth over $100,000.'#AI #Chatbot #TruthTerminal #Crypto #Millionaire #Cryptocurrency #Fartcoin #MemeCoins #Investments #Blockchain
π Parthenon Testnet Achieves Significant Milestones
#Parthenon #Testnet #Transactions #UniqueAddresses #Ecosystem #MovementLabs
According to Odaily, Movement Labs has announced on the X platform that the Parthenon testnet has surpassed 450 million transactions. Additionally, the number of unique addresses is approaching 10 million, and there are currently 57 applications within its ecosystem.#Parthenon #Testnet #Transactions #UniqueAddresses #Ecosystem #MovementLabs
π Ethereum Spot ETF Sees $1.91 Million Inflow
#Ethereum #SpotETF #Inflow #Bitswise #ETHW
According to BlockBeats, on October 19, data from Trader T revealed that the U.S. Ethereum spot ETF experienced a net inflow of $1.91 million. This inflow was solely attributed to Bitswise's ETHW, while other ETFs recorded no inflows.#Ethereum #SpotETF #Inflow #Bitswise #ETHW
π Brazil Central Bank to Expedite Regulation of Asset Tokenization and Stablecoins by 2025
#Brazil #CentralBank #AssetTokenization #Stablecoins #VASPs #Regulation #PublicConsultation #FinancialInnovation
According to PANews, the Governor of the Central Bank of Brazil, Roberto Campos Neto, has announced plans to accelerate the regulation of asset tokenization and stablecoins by 2025. The bank is set to release new consultation opinions this month to gather more feedback on the approval rules for Virtual Asset Service Providers (VASPs) operating in the country. In a recent broadcast, Campos Neto stated that the bank is also working on establishing rules for VASPs. He disclosed that the bank will initiate a public consultation to seek opinions on the draft concerning the 'behavior, organization, and authorization processes' of these entities.#Brazil #CentralBank #AssetTokenization #Stablecoins #VASPs #Regulation #PublicConsultation #FinancialInnovation
π DeepBook Protocol Token Surges 47.5% in 24 Hours
#DeepBookProtocol #DEEP #SuiEcosystem #DeFi #cryptocurrency #token #price surge #marketcapitalization #tradingvolume
According to BlockBeats, on October 19, data from Coingecko revealed that the native token of the Sui ecosystem DeFi platform, DeepBook Protocol (DEEP), experienced a significant price increase. The token surged to $0.05, marking a 47.5% rise within 24 hours. As of the latest update, DEEP is priced at $0.04896.
The market capitalization of DEEP currently stands at $122 million, with a fully diluted valuation (FDV) reaching $488 million. The total 24-hour trading volume across the network is reported to be $63.25 million.#DeepBookProtocol #DEEP #SuiEcosystem #DeFi #cryptocurrency #token #price surge #marketcapitalization #tradingvolume
π Cosmos Hub Launches New Venture Funding Project For Plaza Finance
#CosmosHub #PlazaFinance #VentureFunding #ProgrammableDerivatives #SeedFunding
According to Foresight News, Cosmos Hub has announced a new venture funding initiative for the programmable derivatives platform, Plaza Finance. The organization has invested $100,000 in Plaza Finance during its early seed funding round.#CosmosHub #PlazaFinance #VentureFunding #ProgrammableDerivatives #SeedFunding
π Blackrock Transfers 250,000 USDC To Ondo Finance
#Blackrock #USDC #OndoFinance #Treasury #Securitize #Sky #MakerDAO #tokenization #finance
According to Odaily, Arkham monitoring revealed that approximately three hours ago, Blackrock's BUIDL Fund transferred 250,000 USDC to Ondo Finance. Ondo Finance had previously announced a proposal in collaboration with Blackrock and Securitize to introduce Ondo's short-term U.S. Treasury OUSG to Sky's (formerly MakerDAO) Spark tokenization competition. The OUSG aims to provide returns consistent with short-term U.S. Treasuries, with an asset management scale of approximately $229 million.#Blackrock #USDC #OndoFinance #Treasury #Securitize #Sky #MakerDAO #tokenization #finance
π DeBox Releases Version 2.2.2 With Shares Protocol Integration
#DeBox #Version222 #SharesProtocol #DAPP #OpenSource #Gaming #DePin #TradingBots
According to Foresight News, DeBox has announced the release of its latest update, version 2.2.2, which now supports the integration of the Shares protocol in any group or DAPP. The Shares protocol, developed by DeBox, is an open-source social protocol that allows any user or group to earn protocol revenue by sharing and integrating the protocol's DAPP. Currently, over 200 DAPPs are integrating the Shares protocol, covering areas such as gaming, DePin, and trading bots.#DeBox #Version222 #SharesProtocol #DAPP #OpenSource #Gaming #DePin #TradingBots