Global #Bitcoin

The U.S. Securities and Exchange Commission (SEC) has announced that it will require additional time to assess whether the proposed Bitcoin Exchange-Traded Fund (ETF) options meet existing securities laws.

In a significant development, the defunct Mt. Gox crypto exchange transferred over $2 billion worth of Bitcoin on Sunday, signaling that the long-awaited process of repaying creditors may finally be underway.

The re-election of Donald Trump to the U.S. presidency has sent shockwaves through the global cryptocurrency scene, bringing some of the industry's most prominent figures to the forefront, including Tesla’s Elon Musk and El Salvador's President Nayib Bukele.

The cryptocurrency market, led by Bitcoin (BTC) and Dogecoin (DOGE), saw significant gains in the past 24 hours, with the total market capitalization climbing more than 4% to hover around $2.9 trillion.

Both Bitcoin (BTC) and Ethereum (ETH) have experienced impressive growth over the past 30 days, with Bitcoin seeing a surge of 21.6% and Ethereum rising by 19.2%.

The crypto industry witnessed a monumental victory following the U.S. presidential election on November 5, 2024, as Bitcoin surged past $73,000 amid favorable developments for Donald Trump.