The series of positive developments in November has contributed to an overall positive trend in the cryptocurrency market. This week, on November 16th, BTC surpassed the key resistance level of $37,000, and ETH also rebounded to above $2,000. On the 17th, the market experienced a slight pullback.

According to The Block, Nasdaq has submitted an application for a proposed Ethereum spot ETF by BlackRock to the SEC. Other asset management companies, including Grayscale, Ark Invest, ProShares, and Valkyrie, have also submitted applications for Ethereum spot ETFs. In response to this news, the market has seen an impact…

On November 1st, the US Federal Reserve decided to temporarily pause interest rate hikes for the month of November, maintaining rates between 5.25% and 5.50%. Following this news, both BTC and ETH experienced slight increases in their prices. BTC once again broke $35,000, while ETH rose above $1,800. Currently, BTC…

This week, BTC experienced a significant surge, breaking $35,000 briefly, reaching a new high for 2023. This surge was largely due to the anticipation of the approval of a Bitcoin spot ETF. Additionally, ETH also broke the $1,800 mark, and the total market capitalization of USDT exceeded 84 billion dollars. …

This week, the price of BTC has been fluctuating. It initially surged from around $27,000 to $30,000 following news of the SEC approving BlackRock’s iShares Bitcoin Spot ETF. However, it was later confirmed that this news was false, causing BTC to retreat back to around $27,000. Today, BTC has once…

Week in review Ethereum’s average gas fees continue to decline, remaining around 5 GWei throughout this week, reaching the lowest levels since October 2, 2022. You can choose to take advantage of lower gas fees by spending $2 to consolidate small tokens in your wallet, converting scattered tokens into mainstream ETH or USDT.

DeFi Market Note: Data as of 2023.10.6 09:30 +UTC Total TVL: $38.34b, of which Ethereum chain TVL is $20.95b. For Ethereum Layer 2, the total locked value is $10.76 billion, a 7-day increase of 0.05%. The Arbitrum One network’s total locked value is $5.86 billion, a 7-day decrease of 0.77%, …

Week in review The market hit new weekly highs after the Sept. 28 Wall Street open as markets awaited fresh cues from the United States Federal Reserve. Based on CoinGecko data, BTC currently sits at $26,963.14 while ETH is at $1,652.91.

Week in review According to CoinGecko, the cryptocurrency market saw a slight increase in Bitcoin in the middle of this week, breaking through $27,000. However, as of now, it has retraced slightly, with Bitcoin currently priced at $26,686.06, and Ethereum at $1,597.36.