Bitcoin

Daily News summary:

Bloomberg: BNY Bank has received approval from the SEC to provide cryptocurrency storage services

The Central Bank of China lowered the interest rate on short - term loans

🔸 A bitcoin association has been created in the German parliament

🔸 TVL of the blockchain Base exceeded $2 billion 

Research: In Q3 2024, hackers and scammers stole $413 million worth of cryptocurrencies

🔸 Ethereum ICO participant transferred 12,010 ETH ($31.6 million) to the Kraken exchange 🐳

The SEC won a court case against Opportunity International, the company was accused of fraudulent ICO for $600k

The BTC Bedrock restaking protocol was hacked for $2 million

🔹 Market courses:
📉 S&P 500 - 5 742 (↓0,05%)
🌕 Gold - $2 646 (↓0,97%)
⚫️ Oil Brent $71,49 (↓3,03%)

Exciting developments in the cryptocurrency world with BNY Bank's SEC approval and the formation of a bitcoin association in the German parliament. However, the sector faces challenges with hacking incidents and legal actions like the SEC's win against Opportunity International. Market fluctuations continue, impacting S&P 500, Gold, and Oil prices. Stay informed to navigate these dynamic markets effectively.