- The top two cryptos in the market, Bitcoin & Ethereum were at a huge discounted price just for a few seconds. BTC price plunged below $10K to hit $8200 and ETH price ranged around $2800 on Binance US exchange.
- Mt.Gox rehabilitation plan is all set to be finalized on November 20, 2021. As the creditors are expected to get back there funds, a huge outflow of Bitcoin is expected into the crypto space.
- SEC gets interim win as the US court accepts its plea and postpones hearing to January 14.
- After the successful launch of Proshares ETF, yet another ETF is all set to hit the crypto space. Valkyrie Bitcoin ETF is launching on 22 October 2021.
- FTX exchange raises $420.69 million in funding round backing from 69 investors including Tiger Global, Ribbit Capital etc
Altseason is expected to get a major boost as Solana Price and Terra(LUNA) price may reach new highs soon.