(BTC) rose above $30,000 on Oct. 20, indicating that the trail of least resistance is to the upside. Grayscale Investments submitting a brand new software with america Securities and Change Fee for a brand new spot Bitcoin exchange-traded fund (ETF) could have acted as a bullish set off.
In different constructive information for the cryptocurrency house, the SEC sought to dismiss all claims towards CEO Brad Garlinghouse and government chair Chris Larsen. This can enhance expectations that the regulator could decelerate its assault on cryptocurrency entities following a string of current setbacks.
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