Cryptocurrency investors have been waiting for approval of the first U.S. ETF for bitcoin, whose recent rally has been fuelled in part by anticipation of such a move, which is seen as speeding up the mainstream adoption of digital assets. Bitcoin, the world's biggest cryptocurrency, rose 4.5% to its highest level since Apr. 17 and was last at $59,030. It has risen by more than half in value since Sept. 20 and is now close to its all-time high of $64,895.
Presented ByDid you Know?
RBI is working towards a 'phased introduction' of the digital rupee. The digital rupee will likely coexist with cash and digital forms of payments.
View Details »The U.S. Securities and Exchange Commission (SEC) is set to allow the first U.S. bitcoin futures ETF
Read more on economictimes.indiatimes.com