TL;DR
- False reports about SEC’s BTC ETF approval sparked a market surge. BTC peaked near $30,000, and XRP hit $0.50 before both declined when the news was debunked.
- Shiba Inu’s burn rate rose to 250%, targeting SHIB’s value enhancement.
- BitTrade to support Shiba Inu transactions from October 18, but SHIB’s recent price trend is downward.
XRP Goes Up and Down Following the Fake News
The cryptocurrency community was infused with a dose of enthusiasm yesterday (October 16) when several reports indicated that the US Securities and Exchange Commission (SEC) has finally approved BlackRock’s application to launch the first spot BTC ETF in the States.
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