{"id":405265,"date":"2019-11-23T21:00:19","date_gmt":"2019-11-23T21:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=405265"},"modified":"2024-06-11T11:53:42","modified_gmt":"2024-06-11T11:53:42","slug":"crypto-tidbits-bitcoin-dives-under-8000-fidelity-bags-trust-license-sec-takes-second-look-at-etf","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-tidbits-bitcoin-dives-under-8000-fidelity-bags-trust-license-sec-takes-second-look-at-etf\/","title":{"rendered":"Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Second Look at ETF"},"content":{"rendered":"

Another week, another round of\u00a0Crypto Tidbits<\/a>. Bitcoin and other cryptocurrencies haven’t had the best of weeks. On Friday, BTC fell as low as $6,800, marking a 19% decline on the week. Altcoins posted similar losses, crushed under the pressure of a plunging Bitcoin.<\/p>\n

Despite the bearish price action, the past week was still fundamentally positive for the cryptocurrency industry: Bakkt’s Bitcoin futures set a new volume record, Grayscale revealed that it wants to become an SEC reporting company, and Fidelity revealed that it has bagged a key Trust license for its digital assets business.<\/p>\n

\"\"<\/p>\n

Related Reading: Crypto Tidbits: RBC May Embrace Bitcoin, China Bashes Cryptocurrency, Ethereum DeFi Booming<\/a><\/h6>\n

Bitcoin & Crypto Tidbits<\/h2>\n