RATE Group | Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Secon…
69680
post-template-default,single,single-post,postid-69680,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Secon…

24 Nov Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Secon…

Posted at 01:26h in Cryptocurrency News by

[ad_1]

Another week, another round of Crypto Tidbits. Bitcoin and other cryptocurrencies haven’t had the best of weeks. On Friday, BTC fell as low as $6,800, marking a 19% decline on the week. Altcoins posted similar losses, crushed under the pressure of a plunging Bitcoin.

Despite the bearish price action, the past week was still fundamentally positive for the cryptocurrency industry: Bakkt’s Bitcoin futures set a new volume record, Grayscale revealed that it wants to become an SEC reporting company, and Fidelity revealed that it has bagged a key Trust license for its digital assets business.

Related Reading: Crypto Tidbits: RBC May Embrace Bitcoin, China Bashes Cryptocurrency, Ethereum DeFi Booming

Bitcoin & Crypto Tidbits

  • Bitcoin Fixes This: German Bank Forces Negative Interest Rates: According to a report from RFI, the Raiffeisen cooperative bank in Fuerstenfeldbruck, near Munich, will now be levying a -0.5% annual rate on savers, from big to small. The outlet suggests that only new…

[ad_2]

Source link

Tags:
, , , , , , , , , , ,