Cryptocurrency roundup: Facebook U-turns on crypto-ad ban
As Facebook makes a U-turn on accepting cryptocurrency ads, Saloni Sardana casts her eye over the stories that have caught our eye in the last seven days.
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As Facebook makes a U-turn on accepting cryptocurrency ads, Saloni Sardana casts her eye over the stories that have caught our eye in the last seven days.
The price of Ethereum has risen over 210% since the year began. But in the first two weeks of October, Ethereum’s price rose 15% while bitcoin’s price rose by 30%, causing investors and traders to worry whether the number one Altcoin was falling off the mark. While Bitcoin’s price rose significantly in the first 12 days of October, which has been called Uptober, Ethereum’s price didn’t rise as much, only hitting an all-time-high on the 29th of October, 2021.
Proshares Bitcoin Strategy ETF launch shows US catching up with Europe
Asset manager’s planned launch will significantly undercut ProShares’ BITO and Valkyrie’s BTF
Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency.