Last Week in Crypto: Highlights in the World of Cryptocurrencies

Welcome to our weekly update in the exciting world of cryptocurrencies!

This Monday, November 20, 2023, at 8:21 pm CET (2:21 pm EST), let’s review the current prices of the week for the top ten cryptocurrencies according to Coin Market Cap, excluding USDC and Testher.

1. Bitcoin (BTC): $37,606.01
2. Ethereum (ETH): $2,043.09
3. BNB (BNB): $257.58
4. XRP (XRP): $0.6197
5. Solana (SOL): $57.32
6. Cardano (ADA): $0.3867
7. Dogecoin (DOGE): $0.07966
8. TRON (TRX): $0.1027

Approval Evaluation of Bitcoin as ETF: Currently, regulatory authorities are evaluating the approval of Bitcoin as an exchange-traded fund (ETF), with several applications submitted for fund acquisition. This process marks a significant period of consideration.

First Application for an Ethereum ETF: In a similar situation, the first application for an Ethereum exchange-traded fund (ETF) was filed this week, indicating growing interest and an ongoing process for the potential approval of financial products based on this cryptocurrency.

Ruling against FTX’s Former CEO: The co-founder and former CEO of FTX were found guilty of seven charges of fraud and money laundering on Thursday. He faces the possibility of up to 110 years in prison, and FTX is exploring options for the aftermath of the verdict and sentencing.

Disabling Bitcoin ATMs in Panama: Due to recent protests in Panama, BitcoinATMs21 has decided to disable Bitcoin ATMs in the Central American country, communicating this measure through Telegram.

Madeira Blockchain Conference: The second edition of the Madeira Blockchain Conference will take place on November 30 and December 1, 2023, at the Cultural and Research Centre of Funchal (CCIF). The conference will focus on blockchain technology and its various potential applications in the market, addressing everything from basics to existing regulations and specific uses in areas such as music, fashion, and gaming.

Stay informed and tuned for future updates. Until next week!

Sincerely,

Keimi Chen

Content Manager