BTC’s price soared to $35K earlier this week, reaching levels not seen in a long time. The reason for it was that the website of the Depository Trust and Clearing Corporation (DTCC) suddenly showed a listing of a spot Bitcoin ETF carrying the ticker symbol iBTC. The listing of this ticker itself doesn’t mean a …
Tag: Depository Trust and Clearing Corporation
Jan 27 2024
Bitcoin (BTC) Price Soars to $35K as Spot Bitcoin ETF Approval Hype Builds: This Week’s Crypto Recap
The Bitcoin industry added another $140 billion to its capitalization throughout the last seven days on the back of considerable gains across the board. Bitcoin’s price is up a whopping 14.3% in the past week, currently trading at around $34,000 at the time of this writing. On Tuesday, the website of the Depository Trust and …