Short crypto news:
- Bitcoin trades above $27K, but analysts warn of potential downside. Bitcoin is trading above $27,000 for the first time in several weeks, but analysts are warning of potential downside risks. Some analysts believe that Bitcoin could fall back to $25,000 or even $23,000 in the near term.Ethereum outperforms Bitcoin on hopes of US SEC approval for spot Bitcoin ETF.
- Ethereum is outperforming Bitcoin, with gains of over 5%, on hopes of a US Securities and Exchange Commission (SEC) approval for a spot Bitcoin ETF. A spot Bitcoin ETF would allow investors to invest in Bitcoin directly without having to purchase the cryptocurrency itself.
- Crypto derivatives exchange FTX US launches stock trading. FTX US, the US arm of crypto derivatives exchange FTX, has launched stock trading. FTX US is now offering commission-free stock trading on over 300 US stocks.
- MetaMask launches institutional wallet. MetaMask, the popular crypto wallet, has launched an institutional wallet called MetaMask Institutional. MetaMask Institutional is designed for institutional investors and custodians.US Treasury Department sanctions Russian crypto mixer Blender.io.
- The US Treasury Department has sanctioned Russian crypto mixer Blender.io. Blender.io is a service that allows users to mix their cryptocurrencies, making it difficult to track the source of the funds.
#opbnb #ETH #Layer2 #BTC #crypto2023
$BTC $ETH