CoinDesk

In anticipation of the approval of spot bitcoin ETFs, a move is being made to prepare for their potential launch in the future.

On November 15, the tokens reached $63, a level not seen since May 2022. Trading volumes surged to over $3.5 billion, an increase of over 70% from the average daily levels of $2 billion at the beginning of November.

Grayscale's Solana Trust (GSOL) has experienced a 653% increase since September, with shares trading at $202. The underlying asset, SOL, has tripled to $58 in the same period.

Crypto lender Celsius has received approval from a bankruptcy court for its reorganization plan, bringing an end to a bankruptcy process that began in July last year.

Interest rates across the U.S. yield curve have fallen sharply this week as traders believe the Federal Reserve is finished tightening monetary policy.

Hong Kong has recently accelerated its ambitions to become a virtual asset hub, taking another step in this direction.

The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.

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According to Nansen data, funds have been sent to wallets belonging to crypto exchange Binance. It is speculated that these funds may be intended for selling.

The Federal Financial Supervisory Authority has cautioned consumers about MEXC exchange for offering financial services without proper authorisation.