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Cryptocurrency News Articles
This Week in Crypto: Tether Isn't Launching a Blockchain, the State of Michigan Holds Over $10 Million in Spot Ethereum ETFs, the Launch of the Global Dollar Stablecoin, Bitcoin Reaches a New All-Time High of Over $77,000, and BlackRock's IBIT Set
Nov 10, 2024 at 06:56 am
Wow, what a week’s it’s been in crypto: Tether's CEO says they’re not launching a blockchain, the State of Michigan holds over $10 million in spot Ethereum ETFs, the launch of the Global Dollar stablecoin, Bitcoin reaches a new all-time high of over $77,000, and BlackRock's IBIT sets record daily inflows of $1.12 billion.
Crypto Headlines: Tether Not Launching Blockchain, Michigan Has Spot ETH ETFs, Global Dollar Stablecoin Debuts
Here's a quick rundown of the most interesting crypto headlines from the past week.
1. Tether isn’t launching a blockchain
2. The State of Michigan now holds over $10 million in spot Ethereum ETFs
3. The Global Dollar (USDG) stablecoin has officially launched
4. Continuing its upward trajectory following Donald Trump’s presidential win, Bitcoin has now reached a new all-time high of over $77,000
5. BlackRock's iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) has set a new record for inflows, with $1.12 billion pouring into the fund
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