The Bitcoin crypto community is awaiting the SEC's verdict today for the first BTC futures ETF on US soil to begin trading on the New York Stock Exchange. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Bitcoin and Cryptocurrencies
📍Bitcoin price surpasses $60.000 amid expectations of official approval of the first Bitcoin ETF by the SEC in the United States. The US Securities and Exchange Commission (SEC) is unlikely to disrupt the listing of the country’s first Bitcoin futures ETF today, which is set to begin trading on the New York Stock Exchange. Expectations over the approval of this first Bitcoin ETF, based on futures contracts for the cryptocurrency, is something that has driven the price of BTC up more than 12% in the past week.
At press time, the price of Bitcoin is above $62.000 per BTC, a level it has not seen since last April. The entire Bitcoin crypto community is awaiting the official verdict of the SEC to officially give the green light to the first BTC futures ETF in the country, presented by ProShares. On the other hand, the crypto investor and Bitcoin evangelist, Anthony Pompliano, pointed out that the Nasdaq has already approved the Bitcoin futures ETF presented by Valkyrie and that only the SEC's pronouncement is missing to become official.
Bitcoin and Blockchain Adoption
📍Blockchain gaming reached 750.000 unique daily active wallets during QXNUMX. In his last report, data provider DappRadar noted that blockchain games with Play to Earn mechanics dominated almost half of all recorded activity within the DApps during the third quarter of this year. According to its data, blockchain-based games surpassed 754.000 unique active wallets per day, led by Axie Infinity.
During the third quarter, the blockchain industry recorded a total of 1,54 million daily active unique wallets (UAW) on average, with 49% of these interacting with blockchain-based games. DappRadar also noted that Axie Infinity not only led the blockchain gaming sector, but also became the most transacted NFT collection in the entire history of the crypto industry, moving over $2.500 billion since its launch.
📍Pro-crypto US Senator Cynthia Lummis welcomed the existence of Bitcoin. During speech Before the United States Senate, Wyoming State Senator Cynthia Lummis highlighted the advantages and benefits of BitcoinAs an alternative financial system, it offers people the opportunity to take refuge in cryptocurrency in the event of default by governments.
Lummis noted that governments have accumulated debt without planning how to deal with it in the future, so they have always acted irresponsibly. However, now we have Bitcoin, which is a divine blessing, the senator said. In the event of a crisis, Bitcoin can help people preserve and maintain their purchasing power and value, so she thanked God for the existence of this cryptocurrency.
NFT and DeFi Markets
📍Sotheby's launches its own NFT marketplace in cryptocurrency and US dollars. Auction house Sotheby's announced the launch of its own NFT marketplace, called Sotheby's Metaverse. The new marketplace opens today with the auction of the collection's NFTs Natively Digital 1.2: The Collectors, launched in June by the auction house in collaboration with major crypto artists in the industry. On Sotheby's Metaverse, collectors and traders can trade their NFTs using cryptocurrencies such as BTC, ETH and USDC, in addition to US dollars.
Major artists such as Pak and NFT collectors such as PleasrDAO and Pranksy will be showcasing their works on Sotheby's new NFT marketplace, alongside other major proponents of this innovation such as Paris Hilton. CryptoKitties and Rare Pepe collections will also be featured on this digital platform.
📍Flow and Filecoin collaborate to ensure the decentralization of NFTs. Flow, the blockchain developed by Dapper Labs to support the next generation of DApps, games, and NFTs, has joined forces with Filecoin, the blockchain-based decentralized storage system. blockchain, to ensure the decentralization of the NFTs. According to a publication Filecoin's recent announcement, the two will collaborate to offer a more open, robust, and decentralized NFT ecosystem and Metaverse for everyone.
Filecoin will provide decentralized storage for data on the Flow chain. “This integration of technologies will accelerate end-to-end ownership of NFTs… This will allow developers to create immutable NFT metadata, including videos and visual assets, leveraging IPFS content addressing along with Filecoin’s decentralized, provable storage,” it said.
📍Twitter user “Richerd” rejects offer of 2.500 ethers for his CryptoPunk #6046. Richerd turned down the offer of 2.500 ethers for his CryptoPunk #6046, a medium-rarity piece from the Larva Labs-designed collection, arguing that he has used punk as his identity and, as co-founder of Manifold, has built a brand around it.
A few days earlier, Richerd had declared that his punk was not for sale, no matter what was offered for it. A few hours after that statement, user poap.eth offered 2.500 ethers, valued at $9,5 million, for the punk, tempting Richerd to sell and go down in history as the most expensive cryptopunk sale ever.
Rules and Regulations
📍China's Zhejiang Cyberspace Administration revealed that government officials and offices were mining cryptocurrencies. The news was released by WeChat, a multipurpose app developed by Tencent. In the note, Zhejiang Cyberspace Administration says it has been conducting a series of investigations since last month to combat and eradicate the use of public resources in bitcoin mining and other cryptocurrencies, The investigations included government offices, state-owned enterprises and scientific research institutions, where several crypto mining centers were discovered.
To date, the agency says that all mining equipment has been seized from government officials and offices where cryptocurrencies were mined, and that it has imposed sanctions on those involved in this activity.
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