Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,48 trillion. Bitcoin increased by nearly 5% to reach around $40,000. Ethereum is up by almost 4% to cement its price above $2,100. XRP lost almost 1% in value this week. Almost all altcoins are trading in the green, with some exceptions. The DeFi sector increased the total value of protocols (TVL) to around…
Block Rock
SEC Formally Accepts BlackRock Spot Bitcoin ETF Application for Review
The Securities and Exchange Commission (SEC) has formally accepted BlackRock's application for a spot Bitcoin exchange-traded fund (ETF) for review. The move is a significant step forward for the potential launch of the country's first spot Bitcoin ETF, and it comes after the SEC has rejected dozens of similar applications in recent years. BlackRock is the world's largest asset manager, with over $10 trillion in assets under management. Its application for a spot Bitcoin ETF is seen as a major…
Crypto Adventure 
@CryptoAdventure
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5 months ago 
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