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Bitcoin Mining
The recent update in Google's advertising policy now permits crypto trust ads starting at the end of January. Coincidentally, this aligns with predictions for the approval of spot Bitcoin exchange-traded funds (ETFs) in the US during the same month.
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Judge Richard Jones has approved Changpeng Zhao, ex-CEO of Binance, admitting guilt to charges of money laundering. However, the decision regarding his departure from the U.S. before the February sentencing is pending.
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The nearing approval of a spot Bitcoin ETF in the US has driven up demand for the cryptocurrency, causing a spike in transaction fees.
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On November 15, the globe's largest asset manager, BlackRock, formally submitted an application for an Ether exchange-traded fund (ETF) directly linked to the market with the United States Securities and Exchange Commission (SEC).
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The Bitcoin mining sector achieved its highest annual earnings on November 12, surpassing $44 million in combined block rewards and transaction fees.
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BlackRock aims to establish an ETF that encompasses Ethereum's ether (ETH), underscoring the world's largest asset manager's increased dedication to cryptocurrencies.
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Sam Bankman-Fried's trial is approaching its end, as the prosecution plans to conclude its case on October 26.
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Binance, the cryptocurrency exchange, has complied with Israeli law enforcement's request to freeze accounts associated with Hamas militants.
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Su Zhu is facing a four-month imprisonment term for failing to adhere to court directives amidst 3AC's bankruptcy proceedings.
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The prominent player in financial services joins its peers like BlackRock, Fidelity, and others in competing for approval of a spot Bitcoin ETF.
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